# Value of 1992 Hungarian Forint today

Ft100 in 1992

Ft932.41 in 2020

The inflation rate in Hungary between 1992 and today has been 832.41%, which translates into a total increase of Ft832.41. This means that 100 forints in 1992 are equivalent to 932.41 forints in 2020. In other words, the purchasing power of Ft100 in 1992 equals Ft932.41 today. The average annual inflation rate has been 8%.

## Inflation timeline in Hungary (1992-2020)

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 (1992-2020) 829.85%
Total Inflation* 832.41%
Annual inflation avg. (1992-2020) 8.29%
Annual inflation avg.* 8%
CPI 1992 11.9
CPI 2020 110.66
CPI today* 110.96
Ft1 in 1992 Ft9.3 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 28 years between 1992 and 2020 and the average inflation rate has been 8.0027%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = Ft100 * (1 + 0.08)28 = Ft929.85

#### 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 1992 was 11.9 and the CPI today is 110.96. Therefore,

Final value = Initial value *
CPI final/CPI initial
= Ft100 *
110.66/11.9
= Ft929.85

### Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1992 Ft9.32 forints today
Ft5 forints in 1992 Ft46.62 forints today
Ft10 forints in 1992 Ft93.24 forints today
Ft50 forints in 1992 Ft466.21 forints today
Ft100 forints in 1992 Ft932.41 forints today
Ft500 forints in 1992 Ft4,662.07 forints today
Ft1,000 forints in 1992 Ft9,324.13 forints today
Ft5,000 forints in 1992 Ft46,620.66 forints today
Ft10,000 forints in 1992 Ft93,241.31 forints today
Ft50,000 forints in 1992 Ft466,206.55 forints today
Ft100,000 forints in 1992 Ft932,413.11 forints today
Ft500,000 forints in 1992 Ft4,662,065.53 forints today
Ft1,000,000 forints in 1992 Ft9,324,131.06 forints today

Period Value
1992 100
1993 125.55
1994 152.05
1995 184.28
1996 236.43
1997 283.26
1998 335.34
1999 369.88
2000 411.33
2001 452.8
2002 483.27
2003 506.91
2004 535.52
2005 564.75
2006 584.03
2007 621.98
2008 668
2009 691.01
2010 729.58
2011 763.79
2012 794.88
2013 834.69
2014 837.8
2015 830.34
2016 837.8
2017 852.11
2018 870.77
2019 894.4
2020 929.85
Today 932.41