Ft

Value of 2009 Hungarian Forint today

Ft100 in 2009
Ft193.01 in 2024

The inflation rate in Hungary between 2009 and today has been 93.01%, which translates into a total increase of Ft93.01. This means that 100 forints in 2009 are equivalent to 193.01 forints in 2024. In other words, the purchasing power of Ft100 in 2009 equals Ft193.01 today. The average annual inflation rate between these periods has been 4.48%.

Inflation timeline in Hungary (2009 - 2024)

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 2009-2023 85.95%
Cumulative inflation 2009-today 93.01%
Avg. Annual inflation 2009-2023 4.53%
CPI 2009 85.62
CPI 2023 159.22
CPI 2024-06 (latest official data) 164.84
CPI today 165.26

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 2009 and 2023, use the corresponding CPI values:

Value2023
=Value2009 ×
CPI2023/CPI2009
=Ft 100 ×
159.22/85.62
Ft185.95

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 165.26:

Valuetoday
=Value2009 ×
CPItoday/CPI2009
=Ft 100 ×
165.26/85.62
Ft193.01

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 14 years between 2009 and 2023 and the average inflation rate was 4.5305%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=Ft100 × (1 + 0.045305)14
Ft185.95

Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 2009 Ft1.86 forints in 2023
Ft5 forints in 2009 Ft9.3 forints in 2023
Ft10 forints in 2009 Ft18.6 forints in 2023
Ft50 forints in 2009 Ft92.98 forints in 2023
Ft100 forints in 2009 Ft185.95 forints in 2023
Ft500 forints in 2009 Ft929.76 forints in 2023
Ft1,000 forints in 2009 Ft1,859.52 forints in 2023
Ft5,000 forints in 2009 Ft9,297.6 forints in 2023
Ft10,000 forints in 2009 Ft18,595.2 forints in 2023
Ft50,000 forints in 2009 Ft92,976 forints in 2023
Ft100,000 forints in 2009 Ft185,952.01 forints in 2023
Ft500,000 forints in 2009 Ft929,760.04 forints in 2023
Ft1,000,000 forints in 2009 Ft1,859,520.07 forints in 2023
Cumulative inflation From 2009 93.01%
Avg. annual inflation From 2009 4.48%
CPI 2009 85.62
CPI today 165.26

Value of Forint over time (by year)

Period Value
2009 100
2010 104.86
2011 108.98
2012 115.14
2013 117.13
2014 116.86
2015 116.79
2016 117.25
2017 120.01
2018 123.43
2019 127.55
2020 131.79
2021 138.53
2022 158.76
2023 185.95
2024-06 192.52
Today 193.01

All available years

Today's value of hungarian forint by year:

1980 | 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 | 2022 | 2023 |

Other currencies: