Value of 1993 Polish Zloty today

zł100 in 1993
zł661.37 in 2024

The inflation rate in Poland between 1993 and today has been 561.37%, which translates into a total increase of zł561.37. This means that 100 zloty in 1993 are equivalent to 661.37 zloty in 2024. In other words, the purchasing power of zł100 in 1993 equals zł661.37 today. The average annual inflation rate between these periods has been 6.28%.

Inflation timeline in Poland (1993 - 2024)

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. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1993-2023 540.24%
Cumulative inflation 1993-today 561.37%
Avg. Annual inflation 1993-2023 6.38%
CPI 1993 22.85
CPI 2023 146.27
CPI 2024-04 (latest official data) 150.67
CPI today 151.1

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 1993 and 2023, use the corresponding CPI values:

Value2023
=Value1993 ×
CPI2023/CPI1993
=zł 100 ×
146.27/22.85
zł640.24

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 151.1:

Valuetoday
=Value1993 ×
CPItoday/CPI1993
=zł 100 ×
151.1/22.85
zł661.37

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 30 years between 1993 and 2023 and the average inflation rate was 6.3844%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=zł100 × (1 + 0.063844)30
zł640.24

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 1993 zł6.4 zloty in 2023
zł5 zloty in 1993 zł32.01 zloty in 2023
zł10 zloty in 1993 zł64.02 zloty in 2023
zł50 zloty in 1993 zł320.12 zloty in 2023
zł100 zloty in 1993 zł640.24 zloty in 2023
zł500 zloty in 1993 zł3,201.18 zloty in 2023
zł1,000 zloty in 1993 zł6,402.36 zloty in 2023
zł5,000 zloty in 1993 zł32,011.78 zloty in 2023
zł10,000 zloty in 1993 zł64,023.57 zloty in 2023
zł50,000 zloty in 1993 zł320,117.83 zloty in 2023
zł100,000 zloty in 1993 zł640,235.66 zloty in 2023
zł500,000 zloty in 1993 zł3,201,178.32 zloty in 2023
zł1,000,000 zloty in 1993 zł6,402,356.63 zloty in 2023
Cumulative inflation From 1993 561.37%
Avg. annual inflation From 1993 6.28%
CPI 1993 22.85
CPI today 151.1

Value of Zloty over time (by year)

Period Value
1993 100
1994 132.99
1995 170.16
1996 203.85
1997 234.25
1998 261.42
1999 280.12
2000 307.85
2001 324.5
2002 330.68
2003 332.94
2004 344.2
2005 351.72
2006 356.24
2007 365
2008 380.2
2009 394.63
2010 404.81
2011 421.97
2012 437
2013 441.33
2014 441.57
2015 437.71
2016 434.8
2017 443.83
2018 451.87
2019 461.94
2020 477.53
2021 501.67
2022 574.05
2023 640.24
2024-04 659.51
Today 661.37

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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