Value of 1994 Polish Zloty today

zł100 in 1994

zł390.39 in 2018

The inflation rate in Poland between 1994 and today has been 290.39%, which translates into a total increase of zł290.39. This means that 100 zloty in 1994 are equivalent to 390.39 zloty in 2018. In other words, the purchasing power of zł100 in 1994 equals zł390.39 today. The average annual inflation rate has been 5.6%.

Inflation timeline in Poland (1994-2018)

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 (1994-2018) 285.79%
Total Inflation* 290.39%
Annual inflation avg. (1994-2018) 5.79%
Annual inflation avg.* 5.6%
CPI 1994 26.59
CPI 2018 102.56
CPI today* 103.79
zł1 in 1994 zł3.86 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 24 years between 1994 and 2018 and the average inflation rate has been 5.599%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = zł100 * (1 + 0.06)24 = zł385.79

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 1994 was 26.59 and the CPI today is 103.79. Therefore,

Final value = Initial value *
CPI final/CPI initial
= zł100 *
102.56/26.59
= zł385.79

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 1994 zł3.9 zloty today
zł5 zloty in 1994 zł19.52 zloty today
zł10 zloty in 1994 zł39.04 zloty today
zł50 zloty in 1994 zł195.19 zloty today
zł100 zloty in 1994 zł390.39 zloty today
zł500 zloty in 1994 zł1,951.93 zloty today
zł1,000 zloty in 1994 zł3,903.85 zloty today
zł5,000 zloty in 1994 zł19,519.27 zloty today
zł10,000 zloty in 1994 zł39,038.53 zloty today
zł50,000 zloty in 1994 zł195,192.65 zloty today
zł100,000 zloty in 1994 zł390,385.3 zloty today
zł500,000 zloty in 1994 zł1,951,926.51 zloty today
zł1,000,000 zloty in 1994 zł3,903,853.02 zloty today

Value of Zloty in time (by year)

Period Value
1994 100
1995 129.1
1996 157.67
1997 187.04
1998 211.11
1999 228.84
2000 250.79
2001 271.96
2002 281.75
2003 283.86
2004 288.36
2005 300.53
2006 303.17
2007 307.41
2008 319.35
2009 329.45
2010 341.7
2011 352.42
2012 368.64
2013 377.22
2014 379.97
2015 376.6
2016 374.16
2017 377.52
2018 385.79
Today 390.39