Result: zł100 in 1971 → zł747,259.72 in 2023
The Polish Zloty has lost 99.987% of its value since 1971
Updated: September 13, 2023zł100 in 1971 is equivalent in purchasing power to about zł747,259.72 today, an increase of zł747,159.72 over 52 years. The zloty had an average inflation rate of 18.71% per year between 1971 and today, producing a cumulative price increase of 747,159.72%.
This means that today's prices are 7,472.60 times as high as average prices since 1971, according to the OECD and the World Bank consumer price index for Poland. A zloty today only buys 0.013% of what it could buy back then.
The inflation rate in 1971 was 1.10%. The current inflation rate compared to last year is now 10.82%. If this number holds, zł100 today will be equivalent in buying power to zł110.82 next year.
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| Cumulative price change | 747,159.72% |
| Average inflation rate | 18.71% |
| Converted amount zł100 base | zł747,259.72 |
| Price difference zł100 base | zł747,159.72 |
| CPI in 1971 | 0.020 |
| CPI in 2023 | 147.009 |
| Inflation in 1971 | 1.10% |
| Inflation in 2023 | 10.82% |
| zł100 in 1971 | zł747,259.72 in 2023 |
Buying power of zł100 in 1971
This chart shows a calculation of buying power equivalence for zł100 in 1971 (price index tracking began in 1970).
For example, if you started with zł100, you would need to end with zł747,259.72 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When zł100 is equivalent to zł747,259.72 over time, that means that the "real value" of a single Polish zloty decreases over time. In other words, a zloty will pay for fewer items at the store.
This effect explains how inflation erodes the value of a zloty over time. By calculating the value in 1971 dollars, the chart below shows how zł100 is worth less over 52 years.
According to the OECD and the World Bank, each of these PLN amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1971 amounts in today's zloty, based on the 747,159.72% change in prices:
| Initial value | Equivalent value |
|---|---|
| zł1 zloty in 1971 | zł7,472.60 zloty today |
| zł5 zloty in 1971 | zł37,362.99 zloty today |
| zł10 zloty in 1971 | zł74,725.97 zloty today |
| zł50 zloty in 1971 | zł373,629.86 zloty today |
| zł100 zloty in 1971 | zł747,259.72 zloty today |
| zł500 zloty in 1971 | zł3,736,298.60 zloty today |
| zł1,000 zloty in 1971 | zł7,472,597.20 zloty today |
| zł5,000 zloty in 1971 | zł37,362,986.00 zloty today |
| zł10,000 zloty in 1971 | zł74,725,972.01 zloty today |
| zł50,000 zloty in 1971 | zł373,629,860.04 zloty today |
| zł100,000 zloty in 1971 | zł747,259,720.08 zloty today |
| zł500,000 zloty in 1971 | zł3,736,298,600.39 zloty today |
| zł1,000,000 zloty in 1971 | zł7,472,597,200.79 zloty today |
How to calculate inflation rate for zł100 since 1971
Our calculations use the following inflation rate formula to calculate the change in value between 1971 and today:
CPI today CPI in 1971
×
1971 PLN value
=
Today's value
Then plug in historical CPI values. The Polish CPI was 0.019673012749106104 in the year 1971 and 147.0085 in 2023:
147.00850.019673012749106104
×
zł100
=
zł747,259.72
zł100 in 1971 has the same "purchasing power" or "buying power" as zł747,259.72 in 2023.
To get the total inflation rate for the 52 years between 1971 and 2023, we use the following formula:
CPI in 2023 - CPI in 1971CPI in 1971
×
100
=
Cumulative inflation rate (52 years)
Plugging in the values to this equation, we get:
147.0085 - 0.0196730127491061040.019673012749106104
×
100
=
747,160%
Data source & citation
You may use the following MLA citation for this page: “Poland Inflation Calculator: World Bank data, 1971-2023 (PLN).” Official Inflation Data, Alioth Finance, 20 Sep. 2023, https://www.officialdata.org/poland/inflation.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 747,159.72% |
| Average inflation rate | 18.71% |
| Converted amount zł100 base | zł747,259.72 |
| Price difference zł100 base | zł747,159.72 |
| CPI in 1971 | 0.020 |
| CPI in 2023 | 147.009 |
| Inflation in 1971 | 1.10% |
| Inflation in 2023 | 10.82% |
| zł100 in 1971 | zł747,259.72 in 2023 |