The inflation rate in Poland between 2004 and today has been 97.33%, which translates into a total increase of zł97.33. This means that 100 zloty in 2004 are equivalent to 197.33 zloty in 2024. In other words, the purchasing power of zł100 in 2004 equals zł197.33 today. The average annual inflation rate between these periods has been 3.46%.
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 2004-2023 | 86.01% |
| Cumulative inflation 2004-today | 97.33% |
| Avg. Annual inflation 2004-2023 | 3.32% |
| CPI 2004 | 78.64 |
| CPI 2023 | 146.27 |
| CPI 2024-11 (latest official data) | 154.66 |
| CPI today | 155.18 |
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 years, we can use the following formula:
To obtain the values equivalent in buying power between 2004 and 2023, use the corresponding CPI values:
To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 155.18:
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 zł100 worth today. There are 19 years between 2004 and 2023 and the average inflation rate was 3.3203%. Therefore, we can resolve the formula like this:
| Initial Value | Equivalent value | |
|---|---|---|
| zł1 zloty in 2004 | → | zł1.86 zloty in 2023 |
| zł5 zloty in 2004 | → | zł9.3 zloty in 2023 |
| zł10 zloty in 2004 | → | zł18.6 zloty in 2023 |
| zł50 zloty in 2004 | → | zł93 zloty in 2023 |
| zł100 zloty in 2004 | → | zł186.01 zloty in 2023 |
| zł500 zloty in 2004 | → | zł930.03 zloty in 2023 |
| zł1,000 zloty in 2004 | → | zł1,860.06 zloty in 2023 |
| zł5,000 zloty in 2004 | → | zł9,300.29 zloty in 2023 |
| zł10,000 zloty in 2004 | → | zł18,600.57 zloty in 2023 |
| zł50,000 zloty in 2004 | → | zł93,002.86 zloty in 2023 |
| zł100,000 zloty in 2004 | → | zł186,005.71 zloty in 2023 |
| zł500,000 zloty in 2004 | → | zł930,028.56 zloty in 2023 |
| zł1,000,000 zloty in 2004 | → | zł1,860,057.12 zloty in 2023 |
| Cumulative inflation From 2004 | 97.33% |
| Avg. annual inflation From 2004 | 3.46% |
| CPI 2004 | 78.64 |
| CPI today | 155.18 |
| 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 | 166.78 |
| 2023 | 186.01 |
| 2024-11 | 196.68 |
| Today | 197.33 |
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: