kr.

Value of 1979 Danish Kroner today

kr.100 in 1979
kr.382.29 in 2022

The inflation rate in Denmark between 1979 and today has been 282.29%, which translates into a total increase of kr.282.29. This means that 100 kroner in 1979 are equivalent to 382.29 kroner in 2022. In other words, the purchasing power of kr.100 in 1979 equals kr.382.29 today. The average annual inflation rate between these periods has been 3.17%.

Inflation timeline in Denmark (1979 - 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 1979-2021 240.3%
Cumulative inflation 1979-today 282.29%
Avg. Annual inflation 1979-2021 2.96%
CPI 1979 30.96
CPI 2021 105.35
CPI 2022-10 (latest official data) 117.6
CPI today 118.35

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 1979 and 2021, use the corresponding CPI values:

Value2021
=Value1979 ×
CPI2021/CPI1979
=kr. 100 ×
105.35/30.96
kr.340.3

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.35:

Valuetoday
=Value1979 ×
CPItoday/CPI1979
=kr. 100 ×
118.35/30.96
kr.382.29

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 42 years between 1979 and 2021 and the average inflation rate was 2.9588%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr.100 × (1 + 0.029588)42
kr.340.3

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1979 kr.3.4 kroner in 2021
kr.5 kroner in 1979 kr.17.02 kroner in 2021
kr.10 kroner in 1979 kr.34.03 kroner in 2021
kr.50 kroner in 1979 kr.170.15 kroner in 2021
kr.100 kroner in 1979 kr.340.3 kroner in 2021
kr.500 kroner in 1979 kr.1,701.51 kroner in 2021
kr.1,000 kroner in 1979 kr.3,403.01 kroner in 2021
kr.5,000 kroner in 1979 kr.17,015.06 kroner in 2021
kr.10,000 kroner in 1979 kr.34,030.13 kroner in 2021
kr.50,000 kroner in 1979 kr.170,150.65 kroner in 2021
kr.100,000 kroner in 1979 kr.340,301.3 kroner in 2021
kr.500,000 kroner in 1979 kr.1,701,506.5 kroner in 2021
kr.1,000,000 kroner in 1979 kr.3,403,013 kroner in 2021
Cumulative inflation From 1979 282.29%
Avg. annual inflation From 1979 3.17%
CPI 1979 30.96
CPI today 118.35

Value of Krone over time (by year)

Period Value
1979 100
1980 112.31
1981 125.52
1982 138.22
1983 147.77
1984 157.07
1985 164.42
1986 170.47
1987 177.32
1988 185.36
1989 194.21
1990 199.34
1991 204.11
1992 208.39
1993 211.01
1994 215.21
1995 219.7
1996 224.37
1997 229.27
1998 233.5
1999 239.33
2000 246.28
2001 252.04
2002 258.15
2003 263.5
2004 266.55
2005 271.39
2006 276.61
2007 281.3
2008 290.91
2009 294.7
2010 301.51
2011 309.83
2012 317.26
2013 319.76
2014 321.57
2015 323.02
2016 323.83
2017 327.54
2018 330.21
2019 332.71
2020 334.11
2021 340.3
2022-10 379.87
Today 382.29

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 |

Other currencies: