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.
The inflation rate in Poland between 1989 and 2023 was 15,025.08%, which translates into a total increase of zł15,025.08. This means that 100 zloty in 1989 are equivalent to 15,125.08 zloty in 2023. In other words, the purchasing power of zł100 in 1989 equals zł15,125.08 in 2023. The average annual inflation rate between these periods was 15.91%.
The following chart depicts the equivalence of zł100 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. Inflation data is provided by governments and international institutions on a monthly basis.
The following table contains relevant indicators:
| Indicator | Value |
|---|---|
| Cumulative inflation from 1989 to 2023 | 15,025.08% |
| Avg. Annual inflation from 1989 to 2023 | 15.91% |
| CPI 1989 | 0.97 |
| CPI 2023 | 146.27 |
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.
When we have both the start and end years, we can use the following formula:
To obtain the values equivalent in buying power between 1989 and 2023, use the corresponding CPI values:
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:
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 zł100 worth today. There are 34 years between 1989 and 2023 and the average inflation rate was 15.9068%. Therefore, we can resolve the formula like this:
| Initial Value | Equivalent value | |
|---|---|---|
| zł1 zloty in 1989 | → | zł151.25 zloty in 2023 |
| zł5 zloty in 1989 | → | zł756.25 zloty in 2023 |
| zł10 zloty in 1989 | → | zł1,512.51 zloty in 2023 |
| zł50 zloty in 1989 | → | zł7,562.54 zloty in 2023 |
| zł100 zloty in 1989 | → | zł15,125.08 zloty in 2023 |
| zł500 zloty in 1989 | → | zł75,625.41 zloty in 2023 |
| zł1,000 zloty in 1989 | → | zł151,250.83 zloty in 2023 |
| zł5,000 zloty in 1989 | → | zł756,254.14 zloty in 2023 |
| zł10,000 zloty in 1989 | → | zł1,512,508.28 zloty in 2023 |
| zł50,000 zloty in 1989 | → | zł7,562,541.38 zloty in 2023 |
| zł100,000 zloty in 1989 | → | zł15,125,082.75 zloty in 2023 |
| zł500,000 zloty in 1989 | → | zł75,625,413.75 zloty in 2023 |
| zł1,000,000 zloty in 1989 | → | zł151,250,827.5 zloty in 2023 |
| Cumulative inflation 1989-2023 | 15,025.08% |
| Avg. annual inflation 1989-2023 | 15.91% |
| CPI 1989 | 0.97 |
| CPI 2023 | 146.27 |
| Period | Value |
|---|---|
| 1989 | 100 |
| 1990 | 667.88 |
| 1991 | 1,180.61 |
| 1992 | 1,724.85 |
| 1993 | 2,362.42 |
| 1994 | 3,141.82 |
| 1995 | 4,020 |
| 1996 | 4,815.76 |
| 1997 | 5,533.94 |
| 1998 | 6,175.76 |
| 1999 | 6,617.58 |
| 2000 | 7,272.73 |
| 2001 | 7,666.06 |
| 2002 | 7,812.12 |
| 2003 | 7,865.45 |
| 2004 | 8,131.52 |
| 2005 | 8,309.09 |
| 2006 | 8,415.84 |
| 2007 | 8,622.76 |
| 2008 | 8,981.9 |
| 2009 | 9,322.79 |
| 2010 | 9,563.39 |
| 2011 | 9,968.82 |
| 2012 | 10,323.74 |
| 2013 | 10,426.16 |
| 2014 | 10,431.76 |
| 2015 | 10,340.58 |
| 2016 | 10,271.84 |
| 2017 | 10,485.08 |
| 2018 | 10,675.17 |
| 2019 | 10,912.95 |
| 2020 | 11,281.21 |
| 2021 | 11,851.47 |
| 2022 | 13,561.58 |
| 2023 | 15,125.08 |
All available years
Today's value of polish zloty by year:
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 |
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