Value of 1997 Polish Zloty today

zł100 in 1997

zł208.72 in 2018

The inflation rate in Poland between 1997 and today has been 108.72%, which translates into a total increase of zł108.72. This means that 100 zloty in 1997 are equivalent to 208.72 zloty in 2018. In other words, the purchasing power of zł100 in 1997 equals zł208.72 today. The average annual inflation rate has been 3.4%.

Inflation timeline in Poland (1997-2018)

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 (1997-2018) 106.26%
Total Inflation* 108.72%
Annual inflation avg. (1997-2018) 3.51%
Annual inflation avg.* 3.4%
CPI 1997 49.72
CPI 2018 102.56
CPI today* 103.79
zł1 in 1997 zł2.06 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 21 years between 1997 and 2018 and the average inflation rate has been 3.4012%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = zł100 * (1 + 0.03)21 = zł206.26

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 1997 was 49.72 and the CPI today is 103.79. Therefore,

Final value = Initial value *
CPI final/CPI initial
= zł100 *
102.56/49.72
= zł206.26

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 1997 zł2.09 zloty today
zł5 zloty in 1997 zł10.44 zloty today
zł10 zloty in 1997 zł20.87 zloty today
zł50 zloty in 1997 zł104.36 zloty today
zł100 zloty in 1997 zł208.72 zloty today
zł500 zloty in 1997 zł1,043.6 zloty today
zł1,000 zloty in 1997 zł2,087.21 zloty today
zł5,000 zloty in 1997 zł10,436.04 zloty today
zł10,000 zloty in 1997 zł20,872.08 zloty today
zł50,000 zloty in 1997 zł104,360.42 zloty today
zł100,000 zloty in 1997 zł208,720.84 zloty today
zł500,000 zloty in 1997 zł1,043,604.2 zloty today
zł1,000,000 zloty in 1997 zł2,087,208.41 zloty today

Value of Zloty in time (by year)

Period Value
1997 100
1998 112.87
1999 122.35
2000 134.09
2001 145.4
2002 150.64
2003 151.77
2004 154.17
2005 160.68
2006 162.09
2007 164.36
2008 170.74
2009 176.14
2010 182.69
2011 188.42
2012 197.1
2013 201.68
2014 203.15
2015 201.35
2016 200.04
2017 201.84
2018 206.26
Today 208.72