# Inflation calculator - Polish Zloty

This tool is useful to calculate the time value of money based on historical inflation and CPI values. To start, select an amount and two years, or browse the default calculation results.

zł100 in 1990

zł4,340.14 in 2019

The inflation rate in Poland between 1990 and 2019 was 4,240.14%, which translates into a total increase of zł4,240.14. This means that 100 zloty in 1990 are equivalent to 4,340.14 zloty in 2019. In other words, the purchasing power of zł100 in 1990 equals zł4,340.14 in 2019. The average annual inflation rate between these periods was 13.88%.

## Inflation timeline in Poland (1990 - 2019)

The following chart depicts the equivalence of polish zloty throughout the years 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 (PLN) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1990-2019) 4,240.14%
Annual inflation avg. (1990-2019) 13.88%
CPI 1990 2.39
CPI 2019 103.79
zł1 in 1990 zł43.4 in 2019

## 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 compound interest formula or the Consumer Price Index (CPI) formula.

#### Using the compound interest formula

Given that money changes in 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, the future value is the amount in 2019 that equals zł100 in 1990 in terms of purchasing power. There are 29 years between 1990 and 2019 and the average inflation rate was 13.8848%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = zł100 * (1 + 0.138848)29 = zł4,340.139297 ≈ zł4,340.14

#### 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 1990 was 2.39 and in 2019 was 103.79. Therefore,

Final value = Initial value *
CPI final/CPI initial
= zł100 *
103.79/2.39
= zł4,340.14

### Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 1990 zł43.4 zloty in 2019
zł5 zloty in 1990 zł217.01 zloty in 2019
zł10 zloty in 1990 zł434.01 zloty in 2019
zł50 zloty in 1990 zł2,170.07 zloty in 2019
zł100 zloty in 1990 zł4,340.14 zloty in 2019
zł500 zloty in 1990 zł21,700.7 zloty in 2019
zł1,000 zloty in 1990 zł43,401.39 zloty in 2019
zł5,000 zloty in 1990 zł217,006.96 zloty in 2019
zł10,000 zloty in 1990 zł434,013.93 zloty in 2019
zł50,000 zloty in 1990 zł2,170,069.65 zloty in 2019
zł100,000 zloty in 1990 zł4,340,139.3 zloty in 2019
zł500,000 zloty in 1990 zł21,700,696.49 zloty in 2019
zł1,000,000 zloty in 1990 zł43,401,392.97 zloty in 2019

Period Value
1990 100
1991 347.06
1992 558.82
1993 808.82
1994 1,111.76
1995 1,435.29
1996 1,752.94
1997 2,079.41
1998 2,347.06
1999 2,544.12
2000 2,788.24
2001 3,023.53
2002 3,132.35
2003 3,155.88
2004 3,205.88
2005 3,341.18
2006 3,370.59
2007 3,417.65
2008 3,550.4
2009 3,662.74
2010 3,798.9
2011 3,918.04
2012 4,098.45
2013 4,193.77
2014 4,224.4
2015 4,186.96
2016 4,159.73
2017 4,197.17
2018 4,289.08
2019 4,340.14