Value of 2016 Polish Zloty today

zł100 in 2016
zł155.07 in 2024

The inflation rate in Poland between 2016 and today has been 55.07%, which translates into a total increase of zł55.07. This means that 100 zloty in 2016 are equivalent to 155.07 zloty in 2024. In other words, the purchasing power of zł100 in 2016 equals zł155.07 today. The average annual inflation rate between these periods has been 5.64%.

Inflation timeline in Poland (2016 - 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 2016-2023 47.25%
Cumulative inflation 2016-today 55.07%
Avg. Annual inflation 2016-2023 5.68%
CPI 2016 99.34
CPI 2023 146.27
CPI 2024-08 (latest official data) 153.28
CPI today 154.03

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 2016 and 2023, use the corresponding CPI values:

Value2023
=Value2016 ×
CPI2023/CPI2016
=zł 100 ×
146.27/99.34
zł147.25

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 154.03:

Valuetoday
=Value2016 ×
CPItoday/CPI2016
=zł 100 ×
154.03/99.34
zł155.07

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 7 years between 2016 and 2023 and the average inflation rate was 5.6835%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=zł100 × (1 + 0.056835)7
zł147.25

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 2016 zł1.47 zloty in 2023
zł5 zloty in 2016 zł7.36 zloty in 2023
zł10 zloty in 2016 zł14.72 zloty in 2023
zł50 zloty in 2016 zł73.62 zloty in 2023
zł100 zloty in 2016 zł147.25 zloty in 2023
zł500 zloty in 2016 zł736.24 zloty in 2023
zł1,000 zloty in 2016 zł1,472.48 zloty in 2023
zł5,000 zloty in 2016 zł7,362.4 zloty in 2023
zł10,000 zloty in 2016 zł14,724.8 zloty in 2023
zł50,000 zloty in 2016 zł73,624.02 zloty in 2023
zł100,000 zloty in 2016 zł147,248.05 zloty in 2023
zł500,000 zloty in 2016 zł736,240.23 zloty in 2023
zł1,000,000 zloty in 2016 zł1,472,480.46 zloty in 2023
Cumulative inflation From 2016 55.07%
Avg. annual inflation From 2016 5.64%
CPI 2016 99.34
CPI today 154.03

Value of Zloty over time (by year)

Period Value
2016 100
2017 102.08
2018 103.93
2019 106.24
2020 109.83
2021 115.38
2022 132.03
2023 147.25
2024-08 154.3
Today 155.07

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 |

Other currencies: