Value of 1997 Polish Zloty today

zł100 in 1997
zł282.06 in 2024

The inflation rate in Poland between 1997 and today has been 182.06%, which translates into a total increase of zł182.06. This means that 100 zloty in 1997 are equivalent to 282.06 zloty in 2024. In other words, the purchasing power of zł100 in 1997 equals zł282.06 today. The average annual inflation rate between these periods has been 3.92%.

Inflation timeline in Poland (1997 - 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 1997-2023 173.31%
Cumulative inflation 1997-today 182.06%
Avg. Annual inflation 1997-2023 3.94%
CPI 1997 53.52
CPI 2023 146.27
CPI 2024-04 (latest official data) 150.67
CPI today 150.95

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 1997 and 2023, use the corresponding CPI values:

Value2023
=Value1997 ×
CPI2023/CPI1997
=zł 100 ×
146.27/53.52
zł273.31

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 150.95:

Valuetoday
=Value1997 ×
CPItoday/CPI1997
=zł 100 ×
150.95/53.52
zł282.06

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 26 years between 1997 and 2023 and the average inflation rate was 3.9429%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=zł100 × (1 + 0.039429)26
zł273.31

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 1997 zł2.73 zloty in 2023
zł5 zloty in 1997 zł13.67 zloty in 2023
zł10 zloty in 1997 zł27.33 zloty in 2023
zł50 zloty in 1997 zł136.66 zloty in 2023
zł100 zloty in 1997 zł273.31 zloty in 2023
zł500 zloty in 1997 zł1,366.57 zloty in 2023
zł1,000 zloty in 1997 zł2,733.15 zloty in 2023
zł5,000 zloty in 1997 zł13,665.75 zloty in 2023
zł10,000 zloty in 1997 zł27,331.5 zloty in 2023
zł50,000 zloty in 1997 zł136,657.48 zloty in 2023
zł100,000 zloty in 1997 zł273,314.96 zloty in 2023
zł500,000 zloty in 1997 zł1,366,574.78 zloty in 2023
zł1,000,000 zloty in 1997 zł2,733,149.57 zloty in 2023
Cumulative inflation From 1997 182.06%
Avg. annual inflation From 1997 3.92%
CPI 1997 53.52
CPI today 150.95

Value of Zloty over time (by year)

Period Value
1997 100
1998 111.6
1999 119.58
2000 131.42
2001 138.53
2002 141.17
2003 142.13
2004 146.94
2005 150.15
2006 152.08
2007 155.82
2008 162.31
2009 168.47
2010 172.81
2011 180.14
2012 186.55
2013 188.4
2014 188.51
2015 186.86
2016 185.62
2017 189.47
2018 192.9
2019 197.2
2020 203.85
2021 214.16
2022 245.06
2023 273.31
2024-04 281.54
Today 282.06

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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