Ft

Value of 1989 Hungarian Forint today

Ft100 in 1989
Ft2,165.81 in 2022

The inflation rate in Hungary between 1989 and today has been 2,065.81%, which translates into a total increase of Ft2,065.81. This means that 100 forints in 1989 are equivalent to 2,165.81 forints in 2022. In other words, the purchasing power of Ft100 in 1989 equals Ft2,165.81 today. The average annual inflation rate between these periods has been 9.77%.

Inflation timeline in Hungary (1989 - 2022)

The following chart depicts the equivalence of Ft100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (HUF) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1989-2021 1,737.52%
Cumulative inflation 1989-today 2,065.81%
Avg. Annual inflation 1989-2021 9.52%
CPI 1989 6.45
CPI 2021 118.61
CPI 2022-08 (latest official data) 137.97
CPI today 139.8

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1989 and 2021, use the corresponding CPI values:

Value2021
=Value1989 ×
CPI2021/CPI1989
=Ft 100 ×
118.61/6.45
Ft1,837.52

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 139.8:

Valuetoday
=Value1989 ×
CPItoday/CPI1989
=Ft 100 ×
139.8/6.45
Ft2,165.81

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are Ft100 worth today. There are 32 years between 1989 and 2021 and the average inflation rate was 9.5235%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Ft100 × (1 + 0.095235)32
Ft1,837.52

Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1989 Ft18.38 forints in 2021
Ft5 forints in 1989 Ft91.88 forints in 2021
Ft10 forints in 1989 Ft183.75 forints in 2021
Ft50 forints in 1989 Ft918.76 forints in 2021
Ft100 forints in 1989 Ft1,837.52 forints in 2021
Ft500 forints in 1989 Ft9,187.62 forints in 2021
Ft1,000 forints in 1989 Ft18,375.24 forints in 2021
Ft5,000 forints in 1989 Ft91,876.21 forints in 2021
Ft10,000 forints in 1989 Ft183,752.41 forints in 2021
Ft50,000 forints in 1989 Ft918,762.05 forints in 2021
Ft100,000 forints in 1989 Ft1,837,524.1 forints in 2021
Ft500,000 forints in 1989 Ft9,187,620.5 forints in 2021
Ft1,000,000 forints in 1989 Ft18,375,241 forints in 2021
Cumulative inflation From 1989 2,065.81%
Avg. annual inflation From 1989 9.77%
CPI 1989 6.45
CPI today 139.8

Value of Forint over time (by year)

Period Value
1989 100
1990 128.37
1991 173.06
1992 214
1993 262.08
1994 311.53
1995 399.71
1996 493.52
1997 583.85
1998 666.49
1999 733.12
2000 805
2001 878.39
2002 924.64
2003 967.74
2004 1,033
2005 1,069.79
2006 1,111.84
2007 1,200.33
2008 1,272.86
2009 1,326.47
2010 1,390.88
2011 1,445.54
2012 1,527.24
2013 1,553.71
2014 1,550.17
2015 1,549.22
2016 1,555.34
2017 1,591.86
2018 1,637.23
2019 1,691.89
2020 1,748.17
2021 1,837.52
2022-08 2,137.49
Today 2,165.81

All available years

Today's value of hungarian forint by year:

1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: