# Value of 1991 Hungarian Forint today

Ft100 in 1991

Ft1,232.19 in 2020

The inflation rate in Hungary between 1991 and today has been 1,132.19%, which translates into a total increase of Ft1,132.19. This means that 100 forints in 1991 are equivalent to 1,232.19 forints in 2020. In other words, the purchasing power of Ft100 in 1991 equals Ft1,232.19 today. The average annual inflation rate has been 8.73%.

## Inflation timeline in Hungary (1991-2020)

The following chart depicts the equivalence of Ft100 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 (1991-2020) 1,129.49%
Total Inflation* 1,132.19%
Annual inflation avg. (1991-2020) 9.04%
Annual inflation avg.* 8.73%
CPI 1991 9
CPI 2020 110.66
CPI today* 110.9
Ft1 in 1991 Ft12.29 in 2020

* 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 with 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 Ft100 worth today. There are 29 years between 1991 and 2020 and the average inflation rate has been 8.7317%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = Ft100 * (1 + 0.09)29 = Ft1,229.49

#### 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 1991 was 9 and the CPI today is 110.9. Therefore,

Final value = Initial value *
CPI final/CPI initial
= Ft100 *
110.66/9
= Ft1,229.49

### Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1991 Ft12.32 forints today
Ft5 forints in 1991 Ft61.61 forints today
Ft10 forints in 1991 Ft123.22 forints today
Ft50 forints in 1991 Ft616.1 forints today
Ft100 forints in 1991 Ft1,232.19 forints today
Ft500 forints in 1991 Ft6,160.97 forints today
Ft1,000 forints in 1991 Ft12,321.95 forints today
Ft5,000 forints in 1991 Ft61,609.75 forints today
Ft10,000 forints in 1991 Ft123,219.49 forints today
Ft50,000 forints in 1991 Ft616,097.47 forints today
Ft100,000 forints in 1991 Ft1,232,194.94 forints today
Ft500,000 forints in 1991 Ft6,160,974.69 forints today
Ft1,000,000 forints in 1991 Ft12,321,949.37 forints today

Period Value
1991 100
1992 132.22
1993 166.01
1994 201.04
1995 243.66
1996 312.61
1997 374.54
1998 443.41
1999 489.07
2000 543.88
2001 598.71
2002 639
2003 670.26
2004 708.09
2005 746.74
2006 772.23
2007 822.4
2008 883.26
2009 913.69
2010 964.67
2011 1,009.91
2012 1,051.03
2013 1,103.66
2014 1,107.77
2015 1,097.9
2016 1,107.77
2017 1,126.69
2018 1,151.36
2019 1,182.61
2020 1,229.49
Today 1,232.19