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
zł2,264.64 in 2023

The inflation rate in Poland between 1990 and 2023 was 2,164.64%, which translates into a total increase of zł2,164.64. This means that 100 zloty in 1990 are equivalent to 2,264.64 zloty in 2023. In other words, the purchasing power of zł100 in 1990 equals zł2,264.64 in 2023. The average annual inflation rate between these periods was 9.92%.

Inflation timeline in Poland (1990 - 2023)

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 1990 to 2023 2,164.64%
Avg. Annual inflation from 1990 to 2023 9.92%
CPI 1990 6.46
CPI 2023 146.27

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 1990 and 2023, use the corresponding CPI values:

Value2023
=Value1990 ×
CPI2023/CPI1990
=zł 100 ×
146.27/6.46
zł2,264.64

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 zł100 worth today. There are 33 years between 1990 and 2023 and the average inflation rate was 9.9159%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=zł100 × (1 + 0.099159)33
zł2,264.64

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 1990 zł22.65 zloty in 2023
zł5 zloty in 1990 zł113.23 zloty in 2023
zł10 zloty in 1990 zł226.46 zloty in 2023
zł50 zloty in 1990 zł1,132.32 zloty in 2023
zł100 zloty in 1990 zł2,264.64 zloty in 2023
zł500 zloty in 1990 zł11,323.22 zloty in 2023
zł1,000 zloty in 1990 zł22,646.45 zloty in 2023
zł5,000 zloty in 1990 zł113,232.24 zloty in 2023
zł10,000 zloty in 1990 zł226,464.49 zloty in 2023
zł50,000 zloty in 1990 zł1,132,322.44 zloty in 2023
zł100,000 zloty in 1990 zł2,264,644.87 zloty in 2023
zł500,000 zloty in 1990 zł11,323,224.36 zloty in 2023
zł1,000,000 zloty in 1990 zł22,646,448.71 zloty in 2023
Cumulative inflation 1990-2023 2,164.64%
Avg. annual inflation 1990-2023 9.92%
CPI 1990 6.46
CPI 2023 146.27

Value of Zloty over time (by year)

Period Value
1990 100
1991 176.77
1992 258.26
1993 353.72
1994 470.42
1995 601.91
1996 721.05
1997 828.58
1998 924.68
1999 990.83
2000 1,088.93
2001 1,147.82
2002 1,169.69
2003 1,177.68
2004 1,217.51
2005 1,244.1
2006 1,260.08
2007 1,291.07
2008 1,344.84
2009 1,395.88
2010 1,431.9
2011 1,492.61
2012 1,545.75
2013 1,561.09
2014 1,561.92
2015 1,548.27
2016 1,537.98
2017 1,569.91
2018 1,598.37
2019 1,633.97
2020 1,689.11
2021 1,774.49
2022 2,030.54
2023 2,264.64

All available years

Today's value of polish zloty by year:

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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