Ft

Value of 1999 Hungarian Forint today

Ft100 in 1999
Ft278.02 in 2022

The inflation rate in Hungary between 1999 and today has been 178.02%, which translates into a total increase of Ft178.02. This means that 100 forints in 1999 are equivalent to 278.02 forints in 2022. In other words, the purchasing power of Ft100 in 1999 equals Ft278.02 today. The average annual inflation rate between these periods has been 4.55%.

Inflation timeline in Hungary (1999 - 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 1999-2021 150.64%
Cumulative inflation 1999-today 178.02%
Avg. Annual inflation 1999-2021 4.27%
CPI 1999 47.32
CPI 2021 118.61
CPI 2022-05 (latest official data) 130.5
CPI today 131.57

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 1999 and 2021, use the corresponding CPI values:

Value2021
=Value1999 ×
CPI2021/CPI1999
=Ft 100 ×
118.61/47.32
Ft250.64

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 131.57:

Valuetoday
=Value1999 ×
CPItoday/CPI1999
=Ft 100 ×
131.57/47.32
Ft278.02

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 22 years between 1999 and 2021 and the average inflation rate was 4.2651%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Ft100 × (1 + 0.042651)22
Ft250.64

Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 1999 Ft2.51 forints in 2021
Ft5 forints in 1999 Ft12.53 forints in 2021
Ft10 forints in 1999 Ft25.06 forints in 2021
Ft50 forints in 1999 Ft125.32 forints in 2021
Ft100 forints in 1999 Ft250.64 forints in 2021
Ft500 forints in 1999 Ft1,253.21 forints in 2021
Ft1,000 forints in 1999 Ft2,506.43 forints in 2021
Ft5,000 forints in 1999 Ft12,532.14 forints in 2021
Ft10,000 forints in 1999 Ft25,064.27 forints in 2021
Ft50,000 forints in 1999 Ft125,321.36 forints in 2021
Ft100,000 forints in 1999 Ft250,642.72 forints in 2021
Ft500,000 forints in 1999 Ft1,253,213.61 forints in 2021
Ft1,000,000 forints in 1999 Ft2,506,427.21 forints in 2021
Cumulative inflation From 1999 178.02%
Avg. annual inflation From 1999 4.55%
CPI 1999 47.32
CPI today 131.57

Value of Forint over time (by year)

Period Value
1999 100
2000 109.8
2001 119.81
2002 126.12
2003 132
2004 140.9
2005 145.92
2006 151.66
2007 163.73
2008 173.62
2009 180.93
2010 189.72
2011 197.17
2012 208.32
2013 211.93
2014 211.45
2015 211.32
2016 212.15
2017 217.13
2018 223.32
2019 230.78
2020 238.46
2021 250.64
2022-05 275.76
Today 278.02

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: