Value of 2004 Polish Zloty today

zł100 in 2004
zł163.58 in 2022

The inflation rate in Poland between 2004 and today has been 63.58%, which translates into a total increase of zł63.58. This means that 100 zloty in 2004 are equivalent to 163.58 zloty in 2022. In other words, the purchasing power of zł100 in 2004 equals zł163.58 today. The average annual inflation rate between these periods has been 2.77%.

Inflation timeline in Poland (2004 - 2022)

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 2004-2021 45.75%
Cumulative inflation 2004-today 63.58%
Avg. Annual inflation 2004-2021 2.24%
CPI 2004 78.64
CPI 2021 114.61
CPI 2022-04 (latest official data) 127.55
CPI today 128.64

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 2004 and 2021, use the corresponding CPI values:

Value2021
=Value2004 ×
CPI2021/CPI2004
=zł 100 ×
114.61/78.64
zł145.75

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 128.64:

Valuetoday
=Value2004 ×
CPItoday/CPI2004
=zł 100 ×
128.64/78.64
zł163.58

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 17 years between 2004 and 2021 and the average inflation rate was 2.2406%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=zł100 × (1 + 0.022406)17
zł145.75

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 2004 zł1.46 zloty in 2021
zł5 zloty in 2004 zł7.29 zloty in 2021
zł10 zloty in 2004 zł14.57 zloty in 2021
zł50 zloty in 2004 zł72.87 zloty in 2021
zł100 zloty in 2004 zł145.75 zloty in 2021
zł500 zloty in 2004 zł728.74 zloty in 2021
zł1,000 zloty in 2004 zł1,457.47 zloty in 2021
zł5,000 zloty in 2004 zł7,287.37 zloty in 2021
zł10,000 zloty in 2004 zł14,574.74 zloty in 2021
zł50,000 zloty in 2004 zł72,873.7 zloty in 2021
zł100,000 zloty in 2004 zł145,747.41 zloty in 2021
zł500,000 zloty in 2004 zł728,737.03 zloty in 2021
zł1,000,000 zloty in 2004 zł1,457,474.06 zloty in 2021
Cumulative inflation From 2004 63.58%
Avg. annual inflation From 2004 2.77%
CPI 2004 78.64
CPI today 128.64

Value of Zloty over time (by year)

Period Value
2004 100
2005 102.18
2006 103.5
2007 106.04
2008 110.46
2009 114.65
2010 117.61
2011 122.59
2012 126.96
2013 128.22
2014 128.29
2015 127.17
2016 126.32
2017 128.94
2018 131.28
2019 134.21
2020 138.73
2021 145.75
2022-04 162.21
Today 163.58

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 |

Other currencies: