Result: zł100 in 1971 → zł573,261.90 in 2021
Why a zloty today is worth only 0.0% of a zloty in 1971
Updated: July 13, 2021zł100 in 1971 is equivalent in purchasing power to about zł573,261.90 today, an increase of zł573,161.90 over 50 years. The zloty had an average inflation rate of 18.90% per year between 1971 and today, producing a cumulative price increase of 573,161.90%.
This means that today's prices are 5,732.62 times higher than average prices since 1971, according to the World Bank consumer price index for Poland. A zloty today only buys 0.02% of what it could buy back then.
The 1971 inflation rate was 1.10%. The current year-over-year inflation rate (2020 to 2021) is now 3.37%1. If this number holds, zł100 today will be equivalent in buying power to zł103.37 next year.
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| Cumulative price change | 573,161.90% |
| Average inflation rate | 18.90% |
| Converted amount (zł100 base) | zł573,261.90 |
| Price difference (zł100 base) | zł573,161.90 |
| CPI in 1971 | 0.021 |
| CPI in 2021 | 121.943 |
| Inflation in 1971 | 1.10% |
| Inflation in 2021 | 3.37% |
| zł100 in 1971 | zł573,261.90 in 2021 |
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 zł573,261.90 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When zł100 is equivalent to zł573,261.90 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 50 years.
According to 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 573,161.90% change in prices:
| Initial value | Equivalent value |
|---|---|
| zł1 zloty in 1971 | zł5,732.62 zloty today |
| zł5 zloty in 1971 | zł28,663.09 zloty today |
| zł10 zloty in 1971 | zł57,326.19 zloty today |
| zł50 zloty in 1971 | zł286,630.95 zloty today |
| zł100 zloty in 1971 | zł573,261.90 zloty today |
| zł500 zloty in 1971 | zł2,866,309.48 zloty today |
| zł1,000 zloty in 1971 | zł5,732,618.95 zloty today |
| zł5,000 zloty in 1971 | zł28,663,094.76 zloty today |
| zł10,000 zloty in 1971 | zł57,326,189.52 zloty today |
| zł50,000 zloty in 1971 | zł286,630,947.59 zloty today |
| zł100,000 zloty in 1971 | zł573,261,895.18 zloty today |
| zł500,000 zloty in 1971 | zł2,866,309,475.89 zloty today |
| zł1,000,000 zloty in 1971 | zł5,732,618,951.78 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 0.0212717878 in the year 1971 and 121.94305388042177 in 2021:
121.943053880421770.0212717878
×
zł100
=
zł573,261.90
zł100 in 1971 has the same "purchasing power" or "buying power" as zł573,261.90 in 2021.
To get the total inflation rate for the 50 years between 1971 and 2021, we use the following formula:
CPI in 2021 - CPI in 1971CPI in 1971
×
100
=
Cumulative inflation rate (50 years)
Plugging in the values to this equation, we get:
121.94305388042177 - 0.02127178780.0212717878
×
100
=
573,162%
News headlines from 1971
Politics and news often influence economic performance. Here's what was happening at the time:
- Idi Amin declares himself president of Uganda.
- The Nasdaq Composite stock market index debuts with fifty companies and a starting value of 100.
- Indian troops, aided by Bengali guerrillas under Mukti Bahini, are victorious over the Pakistan army, in the battle of Garibpur.
Data Source & Citation
You may use the following MLA citation for this page: “Poland Inflation Calculator: World Bank data, 1971-2021 (PLN).” Official Inflation Data, Alioth Finance, 1 Aug. 2021, https://www.officialdata.org/poland/inflation.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 573,161.90% |
| Average inflation rate | 18.90% |
| Converted amount (zł100 base) | zł573,261.90 |
| Price difference (zł100 base) | zł573,161.90 |
| CPI in 1971 | 0.021 |
| CPI in 2021 | 121.943 |
| Inflation in 1971 | 1.10% |
| Inflation in 2021 | 3.37% |
| zł100 in 1971 | zł573,261.90 in 2021 |