# Czechia Inflation Calculator

Result: Kč100 in 1992 → Kč443.85 in 2024

## The Czech Koruna has lost 77% its value since 1992

Updated: July 11, 2024

Kč100 in 1992 is equivalent in purchasing power to about Kč443.85 today, an increase of Kč343.85 over 32 years. The koruna had an average inflation rate of 4.77% per year between 1992 and today, producing a cumulative price increase of 343.85%.

This means that today's prices are 4.44 times as high as average prices since 1992, according to the OECD and the World Bank consumer price index for Czechia. A koruna today only buys 22.530% of what it could buy back then.

The inflation rate in 1992 was 11.09%. The current inflation rate compared to the end of last year is now 7.53%. If this number holds, Kč100 today will be equivalent in buying power to Kč107.53 next year.

 Cumulative price change 343.85% Average inflation rate 4.77% Converted amountKč100 base Kč443.85 Price differenceKč100 base Kč343.85 CPI in 1992 36.049 CPI in 2024 160.004 Inflation in 1992 11.09% Inflation in 2024 7.53% Kč100 in 1992 Kč443.85 in 2024

CZK inflation since 1992
Annual Rate, the OECD and the World Bank CPI

## Buying power of Kč100 in 1992

This chart shows a calculation of buying power equivalence for Kč100 in 1992 (price index tracking began in 1991).

For example, if you started with Kč100, you would need to end with Kč443.85 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When Kč100 is equivalent to Kč443.85 over time, that means that the "real value" of a single Czech koruna decreases over time. In other words, a koruna will pay for fewer items at the store.

This effect explains how inflation erodes the value of a koruna over time. By calculating the value in 1992 dollars, the chart below shows how Kč100 is worth less over 32 years.

According to the OECD and the World Bank, each of these CZK amounts below is equal in terms of what it could buy at the time:

Koruna inflation: 1992-2024
YearKoruna ValueInflation Rate
1992Kč100.0011.09%
1993Kč120.8120.81%
1994Kč132.9410.04%
1995Kč144.898.99%
1996Kč157.598.76%
1997Kč171.138.60%
1998Kč189.4410.70%
1999Kč193.492.14%
2000Kč200.793.78%
2001Kč210.154.66%
2002Kč214.151.90%
2003Kč214.410.12%
2004Kč220.322.76%
2005Kč224.411.86%
2006Kč230.102.53%
2007Kč236.672.85%
2008Kč251.726.36%
2009Kč254.281.02%
2010Kč258.031.47%
2011Kč262.971.92%
2012Kč271.623.29%
2013Kč275.531.44%
2014Kč276.470.34%
2015Kč277.330.31%
2016Kč279.220.68%
2017Kč286.072.45%
2018Kč292.222.15%
2019Kč300.542.85%
2020Kč310.043.16%
2021Kč321.943.84%
2022Kč370.5615.10%
2023Kč412.3111.27%
2024Kč443.857.65%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 26 more rows

This conversion table shows various other 1992 amounts in today's korunas, based on the 343.85% change in prices:

Conversion: 1992 korunas today
Initial valueEquivalent value
Kč1 koruna in 1992Kč4.44 korunas today
Kč5 korunas in 1992Kč22.19 korunas today
Kč10 korunas in 1992Kč44.38 korunas today
Kč50 korunas in 1992Kč221.92 korunas today
Kč100 korunas in 1992Kč443.85 korunas today
Kč500 korunas in 1992Kč2,219.25 korunas today
Kč1,000 korunas in 1992Kč4,438.49 korunas today
Kč5,000 korunas in 1992Kč22,192.45 korunas today
Kč10,000 korunas in 1992Kč44,384.91 korunas today
Kč50,000 korunas in 1992Kč221,924.54 korunas today
Kč100,000 korunas in 1992Kč443,849.09 korunas today
Kč500,000 korunas in 1992Kč2,219,245.44 korunas today
Kč1,000,000 korunas in 1992Kč4,438,490.89 korunas today

## How to calculate inflation rate for Kč100 since 1992

Our calculations use the following inflation rate formula to calculate the change in value between 1992 and today:

CPI today CPI in 1992
×
1992 CZK value
=
Today's value

Then plug in historical CPI values. The Czech CPI was 36.0493 in the year 1992 and 160.00448950036204 in 2024:

160.0044895003620436.0493
×
Kč100
=
Kč443.85

Kč100 in 1992 has the same "purchasing power" or "buying power" as Kč443.85 in 2024.

To get the total inflation rate for the 32 years between 1992 and 2024, we use the following formula:

CPI in 2024 - CPI in 1992CPI in 1992
×
100
=
Cumulative inflation rate (32 years)

Plugging in the values to this equation, we get:

160.00448950036204 - 36.049336.0493
×
100
=
344%

## Data source & citation

You may use the following MLA citation for this page: “Czechia Inflation Calculator: World Bank data, 1992-2024 (CZK).” Official Inflation Data, Alioth Finance, 19 Jul. 2024, https://www.officialdata.org/czechia/inflation.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.