The inflation rate in Poland between November 2019 and February 2024 was 39.89%, which translates into a total increase of zł485.49. This means that 1,217 zloty in November 2019 are equivalent to 1,702.49 zloty in February 2024. In other words, the purchasing power of zł1,217 in Nov 2019 equals zł1,702.49 in Feb 2024. The average annual inflation rate between these periods was 0.66%.
The following chart depicts the equivalence of zł1,217 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.
The following table contains relevant indicators:
| Indicator | Value |
|---|---|
| Cumulative inflation from 2019-11 to 2024-02 | 39.89% |
| Avg. Monthly inflation from 2019-11 to 2024-02 | 0.66% |
| CPI 2019-11 | 106.31 |
| CPI 2024-02 | 148.72 |
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.
When we have both the start and end months, we can use the following formula:
To obtain the values equivalent in buying power between November 2019 and February 2024, use the corresponding CPI values:
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:
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 zł1,217 worth today. There are 51 months between November 2019 and February 2024 and the average inflation rate was 0.6604%. Therefore, we can resolve the formula like this:
| Initial Value | Equivalent value | |
|---|---|---|
| zł1 zloty in 2019-11 | → | zł1.4 zloty in 2024-02 |
| zł5 zloty in 2019-11 | → | zł6.99 zloty in 2024-02 |
| zł10 zloty in 2019-11 | → | zł13.99 zloty in 2024-02 |
| zł50 zloty in 2019-11 | → | zł69.95 zloty in 2024-02 |
| zł100 zloty in 2019-11 | → | zł139.89 zloty in 2024-02 |
| zł500 zloty in 2019-11 | → | zł699.46 zloty in 2024-02 |
| zł1,000 zloty in 2019-11 | → | zł1,398.93 zloty in 2024-02 |
| zł5,000 zloty in 2019-11 | → | zł6,994.64 zloty in 2024-02 |
| zł10,000 zloty in 2019-11 | → | zł13,989.28 zloty in 2024-02 |
| zł50,000 zloty in 2019-11 | → | zł69,946.38 zloty in 2024-02 |
| zł100,000 zloty in 2019-11 | → | zł139,892.76 zloty in 2024-02 |
| zł500,000 zloty in 2019-11 | → | zł699,463.82 zloty in 2024-02 |
| zł1,000,000 zloty in 2019-11 | → | zł1,398,927.65 zloty in 2024-02 |
| Cumulative inflation Nov 2019-Feb 2024 | 39.89% |
| Avg. monthly inflation Nov 2019-Feb 2024 | 0.66% |
| CPI 2019-11 | 106.31 |
| CPI 2024-02 | 148.72 |
| Period | Value |
|---|---|
| 2019-11 | 1,217 |
| 2019-12 | 1,226.32 |
| 2020-01 | 1,237.5 |
| 2020-02 | 1,245.89 |
| 2020-03 | 1,248.68 |
| 2020-04 | 1,247.75 |
| 2020-05 | 1,244.96 |
| 2020-06 | 1,252.41 |
| 2020-07 | 1,249.61 |
| 2020-08 | 1,248.68 |
| 2020-09 | 1,251.48 |
| 2020-10 | 1,252.41 |
| 2020-11 | 1,253.34 |
| 2020-12 | 1,254.27 |
| 2021-01 | 1,270.12 |
| 2021-02 | 1,276.64 |
| 2021-03 | 1,289.68 |
| 2021-04 | 1,299.93 |
| 2021-05 | 1,303.66 |
| 2021-06 | 1,304.59 |
| 2021-07 | 1,310.19 |
| 2021-08 | 1,313.91 |
| 2021-09 | 1,323.23 |
| 2021-10 | 1,338.14 |
| 2021-11 | 1,351.19 |
| 2021-12 | 1,363.3 |
| 2022-01 | 1,389.39 |
| 2022-02 | 1,385.67 |
| 2022-03 | 1,431.33 |
| 2022-04 | 1,460.21 |
| 2022-05 | 1,485.37 |
| 2022-06 | 1,507.74 |
| 2022-07 | 1,515.19 |
| 2022-08 | 1,527.31 |
| 2022-09 | 1,551.53 |
| 2022-10 | 1,579.49 |
| 2022-11 | 1,590.67 |
| 2022-12 | 1,592.54 |
| 2023-01 | 1,632.61 |
| 2023-02 | 1,652.17 |
| 2023-03 | 1,670.81 |
| 2023-04 | 1,682.93 |
| 2023-05 | 1,682.93 |
| 2023-06 | 1,682.93 |
| 2023-07 | 1,679.2 |
| 2023-08 | 1,679.2 |
| 2023-09 | 1,672.68 |
| 2023-10 | 1,677.33 |
| 2023-11 | 1,689.45 |
| 2023-12 | 1,691.31 |
| 2024-01 | 1,697.84 |
| 2024-02 | 1,702.49 |
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:
