Value of 1969 Danish Kroner today

kr.100 in 1969

kr.819.77 in 2018

The inflation rate in Denmark between 1969 and today has been 719.77%, which translates into a total increase of kr.719.77. This means that 100 kroner in 1969 are equivalent to 819.77 kroner in 2018. In other words, the purchasing power of kr.100 in 1969 equals kr.819.77 today. The average annual inflation rate has been 4.3%.

Inflation timeline in Denmark (1969-2018)

The following chart ilustrates the equivalence of kr.100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1969-2018) 710.96%
Total Inflation* 719.77%
Annual inflation avg. (1969-2018) 4.36%
Annual inflation avg.* 4.3%
CPI 1969 12.49
CPI 2018 101.3
CPI today* 102.4
kr.1 in 1969 kr.8.11 in 2018

* Values extrapolated from the last official data to obtain today's values.

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 compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 49 years between 1969 and 2018 and the average inflation rate has been 4.2975%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr.100 * (1 + 0.04)49 = kr.810.96

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1969 was 12.49 and the CPI today is 102.4. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr.100 *
101.3/12.49
= kr.810.96

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1969 kr.8.2 kroner today
kr.5 kroner in 1969 kr.40.99 kroner today
kr.10 kroner in 1969 kr.81.98 kroner today
kr.50 kroner in 1969 kr.409.89 kroner today
kr.100 kroner in 1969 kr.819.77 kroner today
kr.500 kroner in 1969 kr.4,098.86 kroner today
kr.1,000 kroner in 1969 kr.8,197.73 kroner today
kr.5,000 kroner in 1969 kr.40,988.64 kroner today
kr.10,000 kroner in 1969 kr.81,977.28 kroner today
kr.50,000 kroner in 1969 kr.409,886.4 kroner today
kr.100,000 kroner in 1969 kr.819,772.8 kroner today
kr.500,000 kroner in 1969 kr.4,098,864.01 kroner today
kr.1,000,000 kroner in 1969 kr.8,197,728.02 kroner today

Value of Krone in time (by year)

Period Value
1969 100
1970 104.87
1971 112.13
1972 118.58
1973 126.97
1974 142.92
1975 165.02
1976 172.13
1977 194.61
1978 218.36
1979 233.97
1980 261.62
1981 290.12
1982 325.75
1983 354.98
1984 376.42
1985 397.58
1986 411.78
1987 429.6
1988 447.14
1989 467.46
1990 490.01
1991 499.2
1992 510.9
1993 518.41
1994 526.21
1995 538.18
1996 547.92
1997 560.73
1998 572.43
1999 582.17
2000 600.82
2001 615.25
2002 628.44
2003 644.45
2004 653.25
2005 661.26
2006 676.47
2007 688.48
2008 704.49
2009 721.3
2010 731.71
2011 752.52
2012 770.94
2013 786.95
2014 792.55
2015 795.75
2016 798.96
2017 802.96
2018 810.96
Today 819.77