Value of 2002 Polish Zloty today

zł100 in 2002
zł199.8 in 2024

The inflation rate in Poland between 2002 and today has been 99.8%, which translates into a total increase of zł99.8. This means that 100 zloty in 2002 are equivalent to 199.8 zloty in 2024. In other words, the purchasing power of zł100 in 2002 equals zł199.8 today. The average annual inflation rate between these periods has been 3.2%.

Inflation timeline in Poland (2002 - 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 2002-2023 93.61%
Cumulative inflation 2002-today 99.8%
Avg. Annual inflation 2002-2023 3.2%
CPI 2002 75.55
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 2002 and 2023, use the corresponding CPI values:

Value2023
=Value2002 ×
CPI2023/CPI2002
=zł 100 ×
146.27/75.55
zł193.61

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

Valuetoday
=Value2002 ×
CPItoday/CPI2002
=zł 100 ×
150.95/75.55
zł199.8

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 21 years between 2002 and 2023 and the average inflation rate was 3.1961%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=zł100 × (1 + 0.031961)21
zł193.61

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 2002 zł1.94 zloty in 2023
zł5 zloty in 2002 zł9.68 zloty in 2023
zł10 zloty in 2002 zł19.36 zloty in 2023
zł50 zloty in 2002 zł96.81 zloty in 2023
zł100 zloty in 2002 zł193.61 zloty in 2023
zł500 zloty in 2002 zł968.05 zloty in 2023
zł1,000 zloty in 2002 zł1,936.1 zloty in 2023
zł5,000 zloty in 2002 zł9,680.52 zloty in 2023
zł10,000 zloty in 2002 zł19,361.05 zloty in 2023
zł50,000 zloty in 2002 zł96,805.23 zloty in 2023
zł100,000 zloty in 2002 zł193,610.46 zloty in 2023
zł500,000 zloty in 2002 zł968,052.31 zloty in 2023
zł1,000,000 zloty in 2002 zł1,936,104.62 zloty in 2023
Cumulative inflation From 2002 99.8%
Avg. annual inflation From 2002 3.2%
CPI 2002 75.55
CPI today 150.95

Value of Zloty over time (by year)

Period Value
2002 100
2003 100.68
2004 104.09
2005 106.36
2006 107.73
2007 110.38
2008 114.97
2009 119.34
2010 122.42
2011 127.61
2012 132.15
2013 133.46
2014 133.53
2015 132.37
2016 131.49
2017 134.22
2018 136.65
2019 139.69
2020 144.41
2021 151.71
2022 173.6
2023 193.61
2024-04 199.44
Today 199.8

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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