kr.

Value of 1972 Danish Kroner today

kr.100 in 1972
kr.760.67 in 2023

The inflation rate in Denmark between 1972 and today has been 660.67%, which translates into a total increase of kr.660.67. This means that 100 kroner in 1972 are equivalent to 760.67 kroner in 2023. In other words, the purchasing power of kr.100 in 1972 equals kr.760.67 today. The average annual inflation rate between these periods has been 4.06%.

Inflation timeline in Denmark (1972 - 2023)

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 1972-2022 639.34%
Cumulative inflation 1972-today 660.67%
Avg. Annual inflation 1972-2022 4.08%
CPI 1972 15.35
CPI 2022 113.46
CPI 2022-12 (latest official data) 115.9
CPI today 116.73

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 1972 and 2022, use the corresponding CPI values:

Value2022
=Value1972 ×
CPI2022/CPI1972
=kr. 100 ×
113.46/15.35
kr.739.34

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 116.73:

Valuetoday
=Value1972 ×
CPItoday/CPI1972
=kr. 100 ×
116.73/15.35
kr.760.67

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 50 years between 1972 and 2022 and the average inflation rate was 4.0823%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=kr.100 × (1 + 0.040823)50
kr.739.34

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1972 kr.7.39 kroner in 2022
kr.5 kroner in 1972 kr.36.97 kroner in 2022
kr.10 kroner in 1972 kr.73.93 kroner in 2022
kr.50 kroner in 1972 kr.369.67 kroner in 2022
kr.100 kroner in 1972 kr.739.34 kroner in 2022
kr.500 kroner in 1972 kr.3,696.7 kroner in 2022
kr.1,000 kroner in 1972 kr.7,393.39 kroner in 2022
kr.5,000 kroner in 1972 kr.36,966.95 kroner in 2022
kr.10,000 kroner in 1972 kr.73,933.9 kroner in 2022
kr.50,000 kroner in 1972 kr.369,669.51 kroner in 2022
kr.100,000 kroner in 1972 kr.739,339.02 kroner in 2022
kr.500,000 kroner in 1972 kr.3,696,695.08 kroner in 2022
kr.1,000,000 kroner in 1972 kr.7,393,390.16 kroner in 2022
Cumulative inflation From 1972 660.67%
Avg. annual inflation From 1972 4.06%
CPI 1972 15.35
CPI today 116.73

Value of Krone over time (by year)

Period Value
1972 100
1973 109.3
1974 126
1975 138.1
1976 150.55
1977 166.99
1978 184.04
1979 201.73
1980 226.56
1981 253.22
1982 278.85
1983 298.11
1984 316.86
1985 331.69
1986 343.89
1987 357.71
1988 373.93
1989 391.78
1990 402.13
1991 411.76
1992 420.39
1993 425.68
1994 434.16
1995 443.21
1996 452.63
1997 462.51
1998 471.04
1999 482.81
2000 496.83
2001 508.44
2002 520.77
2003 531.57
2004 537.71
2005 547.49
2006 558.02
2007 567.47
2008 586.86
2009 594.51
2010 608.25
2011 625.03
2012 640.02
2013 645.07
2014 648.71
2015 651.64
2016 653.27
2017 660.76
2018 666.14
2019 671.19
2020 674.01
2021 686.5
2022 739.34
2022-12 755.25
Today 760.67

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 | 2022 |

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