Ft

# Value of 2016 Hungarian Forint today

Ft100 in 2016
Ft138.31 in 2022

The inflation rate in Hungary between 2016 and today has been 38.31%, which translates into a total increase of Ft38.31. This means that 100 forints in 2016 are equivalent to 138.31 forints in 2022. In other words, the purchasing power of Ft100 in 2016 equals Ft138.31 today. The average annual inflation rate between these periods has been 5.55%.

## Inflation timeline in Hungary (2016 - 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 2016-2021 18.14%
Cumulative inflation 2016-today 38.31%
Avg. Annual inflation 2016-2021 3.39%
CPI 2016 100.39
CPI 2021 118.61
CPI 2022-08 (latest official data) 137.97
CPI today 138.86

## 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 2016 and 2021, use the corresponding CPI values:

Value2021
=Value2016 ×
CPI2021/CPI2016
=Ft 100 ×
118.61/100.39
Ft118.14

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 138.86:

Valuetoday
=Value2016 ×
CPItoday/CPI2016
=Ft 100 ×
138.86/100.39
Ft138.31

### 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 5 years between 2016 and 2021 and the average inflation rate was 3.3908%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Ft100 × (1 + 0.033908)5
Ft118.14

## Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 2016 Ft1.18 forints in 2021
Ft5 forints in 2016 Ft5.91 forints in 2021
Ft10 forints in 2016 Ft11.81 forints in 2021
Ft50 forints in 2016 Ft59.07 forints in 2021
Ft100 forints in 2016 Ft118.14 forints in 2021
Ft500 forints in 2016 Ft590.72 forints in 2021
Ft1,000 forints in 2016 Ft1,181.43 forints in 2021
Ft5,000 forints in 2016 Ft5,907.16 forints in 2021
Ft10,000 forints in 2016 Ft11,814.33 forints in 2021
Ft50,000 forints in 2016 Ft59,071.64 forints in 2021
Ft100,000 forints in 2016 Ft118,143.27 forints in 2021
Ft500,000 forints in 2016 Ft590,716.35 forints in 2021
Ft1,000,000 forints in 2016 Ft1,181,432.7 forints in 2021
 Cumulative inflation From 2016 38.31% Avg. annual inflation From 2016 5.55% CPI 2016 100.39 CPI today 138.86

### Value of Forint over time (by year)

Period Value
2016 100
2017 102.35
2018 105.27
2019 108.78
2020 112.4
2021 118.14
2022-08 137.43
Today 138.31

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: