Value of 2020 Polish Zloty today

zł100 in 2020
zł129.2 in 2023

The inflation rate in Poland between 2020 and today has been 29.2%, which translates into a total increase of zł29.2. This means that 100 zloty in 2020 are equivalent to 129.2 zloty in 2023. In other words, the purchasing power of zł100 in 2020 equals zł129.2 today. The average annual inflation rate between these periods has been 8.91%.

Inflation timeline in Poland (2020 - 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 2020-2022 20.21%
Cumulative inflation 2020-today 29.2%
Avg. Annual inflation 2020-2022 9.64%
CPI 2020 109.1
CPI 2022 131.15
CPI 2022-12 (latest official data) 139.11
CPI today 140.95

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 2020 and 2022, use the corresponding CPI values:

Value2022
=Value2020 ×
CPI2022/CPI2020
=zł 100 ×
131.15/109.1
zł120.21

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 140.95:

Valuetoday
=Value2020 ×
CPItoday/CPI2020
=zł 100 ×
140.95/109.1
zł129.2

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 2 years between 2020 and 2022 and the average inflation rate was 9.6421%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=zł100 × (1 + 0.096421)2
zł120.21

Poland inflation - Conversion table

Initial Value Equivalent value
zł1 zloty in 2020 zł1.2 zloty in 2022
zł5 zloty in 2020 zł6.01 zloty in 2022
zł10 zloty in 2020 zł12.02 zloty in 2022
zł50 zloty in 2020 zł60.11 zloty in 2022
zł100 zloty in 2020 zł120.21 zloty in 2022
zł500 zloty in 2020 zł601.07 zloty in 2022
zł1,000 zloty in 2020 zł1,202.14 zloty in 2022
zł5,000 zloty in 2020 zł6,010.69 zloty in 2022
zł10,000 zloty in 2020 zł12,021.38 zloty in 2022
zł50,000 zloty in 2020 zł60,106.92 zloty in 2022
zł100,000 zloty in 2020 zł120,213.85 zloty in 2022
zł500,000 zloty in 2020 zł601,069.24 zloty in 2022
zł1,000,000 zloty in 2020 zł1,202,138.47 zloty in 2022
Cumulative inflation From 2020 29.2%
Avg. annual inflation From 2020 8.91%
CPI 2020 109.1
CPI today 140.95

Value of Zloty over time (by year)

Period Value
2020 100
2021 105.05
2022 120.21
2022-12 127.51
Today 129.2

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 |

Other currencies: