Ft

# Inflation calculator - Hungarian Forints

Ft100 in 2015
Ft118.61 in 2021

The inflation rate in Hungary between 2015 and 2021 was 18.61%, which translates into a total increase of Ft18.61. This means that 100 forints in 2015 are equivalent to 118.61 forints in 2021. In other words, the purchasing power of Ft100 in 2015 equals Ft118.61 in 2021. The average annual inflation rate between these periods was 2.89%.

## Inflation timeline in Hungary (2015 - 2021)

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.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 2015 to 2021 18.61%
Avg. Annual inflation from 2015 to 2021 2.89%
CPI 2015 100
CPI 2021 118.61

## How to calculate the time value of money with inflation data?

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 2015 and 2021, use the corresponding CPI values:

Value2021
=Value2015 ×
CPI2021/CPI2015
=Ft 100 ×
118.61/100
Ft118.61

### 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 6 years between 2015 and 2021 and the average inflation rate was 2.8853%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=Ft100 × (1 + 0.028853)6
Ft118.61

## Hungary inflation - Conversion table

Initial Value Equivalent value
Ft1 forint in 2015 Ft1.19 forints in 2021
Ft5 forints in 2015 Ft5.93 forints in 2021
Ft10 forints in 2015 Ft11.86 forints in 2021
Ft50 forints in 2015 Ft59.3 forints in 2021
Ft100 forints in 2015 Ft118.61 forints in 2021
Ft500 forints in 2015 Ft593.05 forints in 2021
Ft1,000 forints in 2015 Ft1,186.1 forints in 2021
Ft5,000 forints in 2015 Ft5,930.49 forints in 2021
Ft10,000 forints in 2015 Ft11,860.97 forints in 2021
Ft50,000 forints in 2015 Ft59,304.85 forints in 2021
Ft100,000 forints in 2015 Ft118,609.7 forints in 2021
Ft500,000 forints in 2015 Ft593,048.5 forints in 2021
Ft1,000,000 forints in 2015 Ft1,186,097 forints in 2021
 Cumulative inflation 2015-2021 18.61% Avg. annual inflation 2015-2021 2.89% CPI 2015 100 CPI 2021 118.61

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

Period Value
2015 100
2016 100.39
2017 102.75
2018 105.68
2019 109.21
2020 112.84
2021 118.61

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: