Value of 1999 Polish Zloty today

zł100 in 1999

zł170.6 in 2018

The inflation rate in Poland between 1999 and today has been 70.6%, which translates into a total increase of zł70.6. This means that 100 zloty in 1999 are equivalent to 170.6 zloty in 2018. In other words, the purchasing power of zł100 in 1999 equals zł170.6 today. The average annual inflation rate has been 2.71%.

Inflation timeline in Poland (1999-2018)

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 (1999-2018) 68.59%
Total Inflation* 70.6%
Annual inflation avg. (1999-2018) 2.79%
Annual inflation avg.* 2.71%
CPI 1999 60.84
CPI 2018 102.56
CPI today* 103.79
zł1 in 1999 zł1.69 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 19 years between 1999 and 2018 and the average inflation rate has been 2.7066%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = zł100 * (1 + 0.03)19 = zł168.59

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 1999 was 60.84 and the CPI today is 103.79. Therefore,

Final value = Initial value *
CPI final/CPI initial
= zł100 *
102.56/60.84
= zł168.59

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 1999 zł1.71 zloty today
zł5 zloty in 1999 zł8.53 zloty today
zł10 zloty in 1999 zł17.06 zloty today
zł50 zloty in 1999 zł85.3 zloty today
zł100 zloty in 1999 zł170.6 zloty today
zł500 zloty in 1999 zł852.98 zloty today
zł1,000 zloty in 1999 zł1,705.96 zloty today
zł5,000 zloty in 1999 zł8,529.81 zloty today
zł10,000 zloty in 1999 zł17,059.61 zloty today
zł50,000 zloty in 1999 zł85,298.06 zloty today
zł100,000 zloty in 1999 zł170,596.11 zloty today
zł500,000 zloty in 1999 zł852,980.57 zloty today
zł1,000,000 zloty in 1999 zł1,705,961.14 zloty today

Value of Zloty in time (by year)

Period Value
1999 100
2000 109.6
2001 118.84
2002 123.12
2003 124.05
2004 126.01
2005 131.33
2006 132.49
2007 134.34
2008 139.55
2009 143.97
2010 149.32
2011 154
2012 161.1
2013 164.84
2014 166.05
2015 164.57
2016 163.5
2017 164.98
2018 168.59
Today 170.6