Value of 2002 Polish Zloty today

zł100 in 2002
zł186.65 in 2023

The inflation rate in Poland between 2002 and today has been 86.65%, which translates into a total increase of zł86.65. This means that 100 zloty in 2002 are equivalent to 186.65 zloty in 2023. In other words, the purchasing power of zł100 in 2002 equals zł186.65 today. The average annual inflation rate between these periods has been 3.02%.

Inflation timeline in Poland (2002 - 2023)

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 2002-2022 73.6%
Cumulative inflation 2002-today 86.65%
Avg. Annual inflation 2002-2022 2.8%
CPI 2002 75.55
CPI 2022 131.15
CPI 2022-12 (latest official data) 139.11
CPI today 141.01

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 2022, use the corresponding CPI values:

Value2022
=Value2002 ×
CPI2022/CPI2002
=zł 100 ×
131.15/75.55
zł173.6

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 141.01:

Valuetoday
=Value2002 ×
CPItoday/CPI2002
=zł 100 ×
141.01/75.55
zł186.65

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 20 years between 2002 and 2022 and the average inflation rate was 2.7962%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=zł100 × (1 + 0.027962)20
zł173.6

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 2002 zł1.74 zloty in 2022
zł5 zloty in 2002 zł8.68 zloty in 2022
zł10 zloty in 2002 zł17.36 zloty in 2022
zł50 zloty in 2002 zł86.8 zloty in 2022
zł100 zloty in 2002 zł173.6 zloty in 2022
zł500 zloty in 2002 zł867.98 zloty in 2022
zł1,000 zloty in 2002 zł1,735.97 zloty in 2022
zł5,000 zloty in 2002 zł8,679.83 zloty in 2022
zł10,000 zloty in 2002 zł17,359.66 zloty in 2022
zł50,000 zloty in 2002 zł86,798.31 zloty in 2022
zł100,000 zloty in 2002 zł173,596.61 zloty in 2022
zł500,000 zloty in 2002 zł867,983.07 zloty in 2022
zł1,000,000 zloty in 2002 zł1,735,966.14 zloty in 2022
Cumulative inflation From 2002 86.65%
Avg. annual inflation From 2002 3.02%
CPI 2002 75.55
CPI today 141.01

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
2022-12 184.14
Today 186.65

All available years

Today's value of polish zloty by year:

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 |

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