kr.

Value of 1969 Danish Kroner today

kr.100 in 1969
kr.906.32 in 2022

The inflation rate in Denmark between 1969 and today has been 806.32%, which translates into a total increase of kr.806.32. This means that 100 kroner in 1969 are equivalent to 906.32 kroner in 2022. In other words, the purchasing power of kr.100 in 1969 equals kr.906.32 today. The average annual inflation rate between these periods has been 4.25%.

Inflation timeline in Denmark (1969 - 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 1969-2021 724.95%
Cumulative inflation 1969-today 806.32%
Avg. Annual inflation 1969-2021 4.14%
CPI 1969 12.77
CPI 2021 105.35
CPI 2022-08 (latest official data) 114.9
CPI today 115.74

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 1969 and 2021, use the corresponding CPI values:

Value2021
=Value1969 ×
CPI2021/CPI1969
=kr. 100 ×
105.35/12.77
kr.824.95

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 115.74:

Valuetoday
=Value1969 ×
CPItoday/CPI1969
=kr. 100 ×
115.74/12.77
kr.906.32

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 52 years between 1969 and 2021 and the average inflation rate was 4.1414%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr.100 × (1 + 0.041414)52
kr.824.95

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1969 kr.8.25 kroner in 2021
kr.5 kroner in 1969 kr.41.25 kroner in 2021
kr.10 kroner in 1969 kr.82.5 kroner in 2021
kr.50 kroner in 1969 kr.412.48 kroner in 2021
kr.100 kroner in 1969 kr.824.95 kroner in 2021
kr.500 kroner in 1969 kr.4,124.75 kroner in 2021
kr.1,000 kroner in 1969 kr.8,249.51 kroner in 2021
kr.5,000 kroner in 1969 kr.41,247.54 kroner in 2021
kr.10,000 kroner in 1969 kr.82,495.07 kroner in 2021
kr.50,000 kroner in 1969 kr.412,475.35 kroner in 2021
kr.100,000 kroner in 1969 kr.824,950.71 kroner in 2021
kr.500,000 kroner in 1969 kr.4,124,753.53 kroner in 2021
kr.1,000,000 kroner in 1969 kr.8,249,507.07 kroner in 2021
Cumulative inflation From 1969 806.32%
Avg. annual inflation From 1969 4.25%
CPI 1969 12.77
CPI today 115.74

Value of Krone over time (by year)

Period Value
1969 100
1970 106.51
1971 112.77
1972 120.17
1973 131.35
1974 151.41
1975 165.95
1976 180.91
1977 200.67
1978 221.16
1979 242.42
1980 272.25
1981 304.28
1982 335.08
1983 358.23
1984 380.76
1985 398.58
1986 413.24
1987 429.85
1988 449.35
1989 470.79
1990 483.23
1991 494.8
1992 505.17
1993 511.53
1994 521.72
1995 532.59
1996 543.91
1997 555.78
1998 566.04
1999 580.18
2000 597.02
2001 610.98
2002 625.79
2003 638.78
2004 646.15
2005 657.9
2006 670.56
2007 681.91
2008 705.21
2009 714.41
2010 730.92
2011 751.08
2012 769.09
2013 775.16
2014 779.53
2015 783.06
2016 785.01
2017 794.02
2018 800.48
2019 806.55
2020 809.94
2021 824.95
2022-08 899.73
Today 906.32

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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