Value of 1996 Polish Zloty today

zł100 in 1996

zł247.59 in 2018

The inflation rate in Poland between 1996 and today has been 147.59%, which translates into a total increase of zł147.59. This means that 100 zloty in 1996 are equivalent to 247.59 zloty in 2018. In other words, the purchasing power of zł100 in 1996 equals zł247.59 today. The average annual inflation rate has been 4.02%.

Inflation timeline in Poland (1996-2018)

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 (1996-2018) 144.68%
Total Inflation* 147.59%
Annual inflation avg. (1996-2018) 4.15%
Annual inflation avg.* 4.02%
CPI 1996 41.92
CPI 2018 102.56
CPI today* 103.79
zł1 in 1996 zł2.45 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 22 years between 1996 and 2018 and the average inflation rate has been 4.0205%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = zł100 * (1 + 0.04)22 = zł244.68

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 1996 was 41.92 and the CPI today is 103.79. Therefore,

Final value = Initial value *
CPI final/CPI initial
= zł100 *
102.56/41.92
= zł244.68

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 1996 zł2.48 zloty today
zł5 zloty in 1996 zł12.38 zloty today
zł10 zloty in 1996 zł24.76 zloty today
zł50 zloty in 1996 zł123.8 zloty today
zł100 zloty in 1996 zł247.59 zloty today
zł500 zloty in 1996 zł1,237.97 zloty today
zł1,000 zloty in 1996 zł2,475.93 zloty today
zł5,000 zloty in 1996 zł12,379.67 zloty today
zł10,000 zloty in 1996 zł24,759.33 zloty today
zł50,000 zloty in 1996 zł123,796.67 zloty today
zł100,000 zloty in 1996 zł247,593.33 zloty today
zł500,000 zloty in 1996 zł1,237,966.67 zloty today
zł1,000,000 zloty in 1996 zł2,475,933.35 zloty today

Value of Zloty in time (by year)

Period Value
1996 100
1997 118.62
1998 133.89
1999 145.13
2000 159.06
2001 172.48
2002 178.69
2003 180.03
2004 182.89
2005 190.6
2006 192.28
2007 194.97
2008 202.54
2009 208.95
2010 216.72
2011 223.51
2012 233.8
2013 239.24
2014 240.99
2015 238.85
2016 237.3
2017 239.44
2018 244.68
Today 247.59