**Result:**
zł100
in 1971 →
zł548,395.82
in 2020

According to the World Bank consumer price index for Poland, today's prices in 2020 are 548,295.82% higher than average prices since 1971. The Polish Zloty experienced an average inflation rate of 19.21% per year during this period, meaning the real value of a zloty decreased.

In other words, zł100 in 1971 is equivalent in purchasing power to about zł548,395.82 in 2020, a difference of zł548,295.82 over 49 years. This inflation data is collected by the World Bank and is specific to Poland.

The 1971 inflation rate was 1.10%. The current inflation rate (2019 to 2020) is now 2.23%^{1}. If this number holds, zł100 today will be equivalent in buying power to zł102.23 next year.

⌃

Cumulative price change | 548,295.82% |

Average inflation rate | 19.21% |

Converted amount (zł100 base) | zł548,395.82 |

Price difference (zł100 base) | zł548,295.82 |

CPI in 1971 | 0.021 |

CPI in 2020 | 116.654 |

Inflation in 1971 | 1.10% |

Inflation in 2020 | 2.23% |

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 zł548,395.82 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When zł100 is equivalent to zł548,395.82 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 buys less over the past 49 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 inflation calculator uses the following inflation rate formula:

CPI in 2020CPI in 1971

×

1971 PLN value

=

2020 PLN value

Then plug in historical CPI values. The Polish CPI was 0.0212717878 in the year 1971 and 116.65359507972131 in 2020:

116.653595079721310.0212717878

×

zł100

=

zł100 in 1971 has the same "purchasing power" or "buying power" as zł548,395.82 in 2020.

To get the total inflation rate for the 49 years between 1971 and 2020, we use the following formula:

CPI in 2020 - CPI in 1971CPI in 1971

×

100

=

Plugging in the values to this equation, we get:

116.65359507972131 - 0.02127178780.0212717878

×

100

=

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.

You may use the following MLA citation for this page: “Poland Inflation Calculator: World Bank data, 1971-2020 (PLN).” Official Inflation Data, Alioth Finance, 6 Apr. 2020, https://www.officialdata.org/poland/inflation.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Cumulative price change | 548,295.82% |

Average inflation rate | 19.21% |

Converted amount (zł100 base) | zł548,395.82 |

Price difference (zł100 base) | zł548,295.82 |

CPI in 1971 | 0.021 |

CPI in 2020 | 116.654 |

Inflation in 1971 | 1.10% |

Inflation in 2020 | 2.23% |