Value of 1972 Danish Kroner today

kr.100 in 1972

kr.691.34 in 2018

The inflation rate in Denmark between 1972 and today has been 591.34%, which translates into a total increase of kr.591.34. This means that 100 kroner in 1972 are equivalent to 691.34 kroner in 2018. In other words, the purchasing power of kr.100 in 1972 equals kr.691.34 today. The average annual inflation rate has been 4.2%.

Inflation timeline in Denmark (1972-2018)

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 (1972-2018) 583.91%
Total Inflation* 591.34%
Annual inflation avg. (1972-2018) 4.27%
Annual inflation avg.* 4.2%
CPI 1972 14.81
CPI 2018 101.3
CPI today* 102.4
kr.1 in 1972 kr.6.84 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 46 years between 1972 and 2018 and the average inflation rate has been 4.1995%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr.100 * (1 + 0.04)46 = kr.683.91

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 1972 was 14.81 and the CPI today is 102.4. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr.100 *
101.3/14.81
= kr.683.91

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1972 kr.6.91 kroner today
kr.5 kroner in 1972 kr.34.57 kroner today
kr.10 kroner in 1972 kr.69.13 kroner today
kr.50 kroner in 1972 kr.345.67 kroner today
kr.100 kroner in 1972 kr.691.34 kroner today
kr.500 kroner in 1972 kr.3,456.72 kroner today
kr.1,000 kroner in 1972 kr.6,913.44 kroner today
kr.5,000 kroner in 1972 kr.34,567.19 kroner today
kr.10,000 kroner in 1972 kr.69,134.37 kroner today
kr.50,000 kroner in 1972 kr.345,671.87 kroner today
kr.100,000 kroner in 1972 kr.691,343.74 kroner today
kr.500,000 kroner in 1972 kr.3,456,718.71 kroner today
kr.1,000,000 kroner in 1972 kr.6,913,437.42 kroner today

Value of Krone in time (by year)

Period Value
1972 100
1973 107.08
1974 120.53
1975 139.17
1976 145.17
1977 164.12
1978 184.15
1979 197.31
1980 220.63
1981 244.67
1982 274.71
1983 299.37
1984 317.45
1985 335.29
1986 347.27
1987 362.29
1988 377.09
1989 394.23
1990 413.25
1991 420.99
1992 430.86
1993 437.2
1994 443.77
1995 453.87
1996 462.08
1997 472.88
1998 482.75
1999 490.96
2000 506.7
2001 518.86
2002 529.98
2003 543.49
2004 550.91
2005 557.66
2006 570.49
2007 580.62
2008 594.12
2009 608.3
2010 617.08
2011 634.63
2012 650.16
2013 663.66
2014 668.39
2015 671.09
2016 673.79
2017 677.16
2018 683.91
Today 691.34