Value of 1993 Polish Zloty today

zł100 in 1993

zł536.6 in 2018

The inflation rate in Poland between 1993 and today has been 436.6%, which translates into a total increase of zł436.6. This means that 100 zloty in 1993 are equivalent to 536.6 zloty in 2018. In other words, the purchasing power of zł100 in 1993 equals zł536.6 today. The average annual inflation rate has been 6.68%.

Inflation timeline in Poland (1993-2018)

The following chart ilustrates the equivalence of zł100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1993-2018) 430.29%
Total Inflation* 436.6%
Annual inflation avg. (1993-2018) 6.9%
Annual inflation avg.* 6.68%
CPI 1993 19.34
CPI 2018 102.56
CPI today* 103.79
zł1 in 1993 zł5.3 in 2018

* Values extrapolated from the last official data to obtain today's values.

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 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, it indicates how much are zł100 worth today. There are 25 years between 1993 and 2018 and the average inflation rate has been 6.6752%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = zł100 * (1 + 0.07)25 = zł530.29

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 1993 was 19.34 and the CPI today is 103.79. Therefore,

Final value = Initial value *
CPI final/CPI initial
= zł100 *
102.56/19.34
= zł530.29

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 1993 zł5.37 zloty today
zł5 zloty in 1993 zł26.83 zloty today
zł10 zloty in 1993 zł53.66 zloty today
zł50 zloty in 1993 zł268.3 zloty today
zł100 zloty in 1993 zł536.6 zloty today
zł500 zloty in 1993 zł2,683.01 zloty today
zł1,000 zloty in 1993 zł5,366.02 zloty today
zł5,000 zloty in 1993 zł26,830.11 zloty today
zł10,000 zloty in 1993 zł53,660.22 zloty today
zł50,000 zloty in 1993 zł268,301.09 zloty today
zł100,000 zloty in 1993 zł536,602.17 zloty today
zł500,000 zloty in 1993 zł2,683,010.85 zloty today
zł1,000,000 zloty in 1993 zł5,366,021.71 zloty today

Value of Zloty in time (by year)

Period Value
1993 100
1994 137.45
1995 177.45
1996 216.73
1997 257.09
1998 290.18
1999 314.55
2000 344.73
2001 373.82
2002 387.27
2003 390.18
2004 396.36
2005 413.09
2006 416.73
2007 422.55
2008 438.96
2009 452.85
2010 469.68
2011 484.41
2012 506.72
2013 518.5
2014 522.29
2015 517.66
2016 514.29
2017 518.92
2018 530.29
Today 536.6