kr.

Value of 1968 Danish Kroner today

kr.100 in 1968
kr.937.48 in 2022

The inflation rate in Denmark between 1968 and today has been 837.48%, which translates into a total increase of kr.837.48. This means that 100 kroner in 1968 are equivalent to 937.48 kroner in 2022. In other words, the purchasing power of kr.100 in 1968 equals kr.937.48 today. The average annual inflation rate between these periods has been 4.23%.

Inflation timeline in Denmark (1968 - 2022)

The following chart depicts the equivalence of kr.100 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 (DKK) 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 1968-2021 753.72%
Cumulative inflation 1968-today 837.48%
Avg. Annual inflation 1968-2021 4.13%
CPI 1968 12.34
CPI 2021 105.35
CPI 2022-08 (latest official data) 114.9
CPI today 115.69

How to calculate today's value of money after inflation?

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.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1968 and 2021, use the corresponding CPI values:

Value2021
=Value1968 ×
CPI2021/CPI1968
=kr. 100 ×
105.35/12.34
kr.853.72

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 115.69:

Valuetoday
=Value1968 ×
CPItoday/CPI1968
=kr. 100 ×
115.69/12.34
kr.937.48

Alternative: Using the compound interest formula

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:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

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 kr.100 worth today. There are 53 years between 1968 and 2021 and the average inflation rate was 4.1291%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr.100 × (1 + 0.041291)53
kr.853.72

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1968 kr.8.54 kroner in 2021
kr.5 kroner in 1968 kr.42.69 kroner in 2021
kr.10 kroner in 1968 kr.85.37 kroner in 2021
kr.50 kroner in 1968 kr.426.86 kroner in 2021
kr.100 kroner in 1968 kr.853.72 kroner in 2021
kr.500 kroner in 1968 kr.4,268.62 kroner in 2021
kr.1,000 kroner in 1968 kr.8,537.25 kroner in 2021
kr.5,000 kroner in 1968 kr.42,686.25 kroner in 2021
kr.10,000 kroner in 1968 kr.85,372.49 kroner in 2021
kr.50,000 kroner in 1968 kr.426,862.47 kroner in 2021
kr.100,000 kroner in 1968 kr.853,724.95 kroner in 2021
kr.500,000 kroner in 1968 kr.4,268,624.74 kroner in 2021
kr.1,000,000 kroner in 1968 kr.8,537,249.47 kroner in 2021
Cumulative inflation From 1968 837.48%
Avg. annual inflation From 1968 4.23%
CPI 1968 12.34
CPI today 115.69

Value of Krone over time (by year)

Period Value
1968 100
1969 103.49
1970 110.23
1971 116.7
1972 124.36
1973 135.93
1974 156.69
1975 171.74
1976 187.22
1977 207.67
1978 228.88
1979 250.87
1980 281.74
1981 314.9
1982 346.77
1983 370.72
1984 394.05
1985 412.48
1986 427.65
1987 444.84
1988 465.02
1989 487.21
1990 500.08
1991 512.06
1992 522.79
1993 529.37
1994 539.92
1995 551.17
1996 562.88
1997 575.17
1998 585.78
1999 600.42
2000 617.85
2001 632.29
2002 647.62
2003 661.06
2004 668.69
2005 680.85
2006 693.95
2007 705.7
2008 729.81
2009 739.33
2010 756.41
2011 777.28
2012 795.92
2013 802.2
2014 806.72
2015 810.37
2016 812.4
2017 821.72
2018 828.4
2019 834.68
2020 838.19
2021 853.72
2022-08 931.12
Today 937.48

All available years

Today's value of danish kroner by year:

1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 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 |

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