Value of 1990 Hungarian Forint today

Ft40,000,000 in 1990

Ft631,678,979.17 in 2019

The inflation rate in Hungary between 1990 and today has been 1,479.2%, which translates into a total increase of Ft591,678,979.17. This means that 40,000,000 forints in 1990 are equivalent to 631,678,979.17 forints in 2019. In other words, the purchasing power of Ft40,000,000 in 1990 equals Ft631,678,979.17 today. The average annual inflation rate has been 9.63%.

Inflation timeline in Hungary (1990-2019)

The following chart depicts the equivalence of Ft40,000,000 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1990-2019) 1,477.06%
Total Inflation* 1,479.2%
Annual inflation avg. (1990-2019) 9.98%
Annual inflation avg.* 9.63%
CPI 1990 6.75
CPI 2019 106.44
CPI today* 106.58
Ft1 in 1990 Ft15.77 in 2019

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 Ft40,000,000 worth today. There are 29 years between 1990 and 2019 and the average inflation rate has been 9.6347%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = Ft40000000 * (1 + 0.1)29 = Ft630,822,841.2

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1990 was 6.75 and the CPI today is 106.58. Therefore,

Final value = Initial value *
CPI final/CPI initial
= Ft40,000,000 *
106.44/6.75
= Ft630,822,841.2

Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1990 Ft15.79 forints today
Ft5 forints in 1990 Ft78.96 forints today
Ft10 forints in 1990 Ft157.92 forints today
Ft50 forints in 1990 Ft789.6 forints today
Ft100 forints in 1990 Ft1,579.2 forints today
Ft500 forints in 1990 Ft7,895.99 forints today
Ft1,000 forints in 1990 Ft15,791.97 forints today
Ft5,000 forints in 1990 Ft78,959.87 forints today
Ft10,000 forints in 1990 Ft157,919.74 forints today
Ft50,000 forints in 1990 Ft789,598.72 forints today
Ft100,000 forints in 1990 Ft1,579,197.45 forints today
Ft500,000 forints in 1990 Ft7,895,987.24 forints today
Ft1,000,000 forints in 1990 Ft15,791,974.48 forints today

Value of Forint in time (by year)

Period Value
1990 40,000,000
1991 53,341,549.54
1992 70,530,210.64
1993 88,552,924.53
1994 107,239,770.4
1995 129,969,666.31
1996 166,751,648.81
1997 199,786,435.88
1998 236,519,168.54
1999 260,876,146.29
2000 290,114,369.56
2001 319,359,467.65
2002 340,854,798.77
2003 357,524,653.44
2004 377,703,988.63
2005 398,321,949.62
2006 411,921,068.1
2007 438,680,560.73
2008 471,142,959.21
2009 487,374,128.81
2010 514,572,365.77
2011 538,699,748.02
2012 560,633,823.47
2013 588,709,312.03
2014 590,902,796.62
2015 585,638,575.84
2016 590,902,796.62
2017 600,992,612.38
2018 614,152,571.67
2019 630,822,841.2
Today 631,678,979.17