Value of 1975 Danish Kroner today

kr.100 in 1975

kr.496.78 in 2018

The inflation rate in Denmark between 1975 and today has been 396.78%, which translates into a total increase of kr.396.78. This means that 100 kroner in 1975 are equivalent to 496.78 kroner in 2018. In other words, the purchasing power of kr.100 in 1975 equals kr.496.78 today. The average annual inflation rate has been 3.71%.

Inflation timeline in Denmark (1975-2018)

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 (1975-2018) 391.44%
Total Inflation* 396.78%
Annual inflation avg. (1975-2018) 3.77%
Annual inflation avg.* 3.71%
CPI 1975 20.61
CPI 2018 101.3
CPI today* 102.4
kr.1 in 1975 kr.4.91 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 43 years between 1975 and 2018 and the average inflation rate has been 3.7103%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr.100 * (1 + 0.04)43 = kr.491.44

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 1975 was 20.61 and the CPI today is 102.4. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr.100 *
101.3/20.61
= kr.491.44

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1975 kr.4.97 kroner today
kr.5 kroner in 1975 kr.24.84 kroner today
kr.10 kroner in 1975 kr.49.68 kroner today
kr.50 kroner in 1975 kr.248.39 kroner today
kr.100 kroner in 1975 kr.496.78 kroner today
kr.500 kroner in 1975 kr.2,483.88 kroner today
kr.1,000 kroner in 1975 kr.4,967.76 kroner today
kr.5,000 kroner in 1975 kr.24,838.79 kroner today
kr.10,000 kroner in 1975 kr.49,677.58 kroner today
kr.50,000 kroner in 1975 kr.248,387.92 kroner today
kr.100,000 kroner in 1975 kr.496,775.83 kroner today
kr.500,000 kroner in 1975 kr.2,483,879.17 kroner today
kr.1,000,000 kroner in 1975 kr.4,967,758.35 kroner today

Value of Krone in time (by year)

Period Value
1975 100
1976 104.31
1977 117.93
1978 132.32
1979 141.78
1980 158.54
1981 175.81
1982 197.4
1983 215.12
1984 228.11
1985 240.93
1986 249.53
1987 260.33
1988 270.96
1989 283.28
1990 296.94
1991 302.51
1992 309.6
1993 314.15
1994 318.88
1995 326.13
1996 332.04
1997 339.8
1998 346.88
1999 352.79
2000 364.09
2001 372.83
2002 380.83
2003 390.53
2004 395.87
2005 400.72
2006 409.94
2007 417.21
2008 426.91
2009 437.1
2010 443.41
2011 456.02
2012 467.18
2013 476.88
2014 480.28
2015 482.22
2016 484.16
2017 486.59
2018 491.44
Today 496.78