kr.

Value of 1980 Danish Kroner today

kr.100 in 1980
kr.332.74 in 2022

The inflation rate in Denmark between 1980 and today has been 232.74%, which translates into a total increase of kr.232.74. This means that 100 kroner in 1980 are equivalent to 332.74 kroner in 2022. In other words, the purchasing power of kr.100 in 1980 equals kr.332.74 today. The average annual inflation rate between these periods has been 2.9%.

Inflation timeline in Denmark (1980 - 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 1980-2021 203.01%
Cumulative inflation 1980-today 232.74%
Avg. Annual inflation 1980-2021 2.74%
CPI 1980 34.77
CPI 2021 105.35
CPI 2022-08 (latest official data) 114.9
CPI today 115.69

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 1980 and 2021, use the corresponding CPI values:

Value2021
=Value1980 ×
CPI2021/CPI1980
=kr. 100 ×
105.35/34.77
kr.303.01

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 115.69:

Valuetoday
=Value1980 ×
CPItoday/CPI1980
=kr. 100 ×
115.69/34.77
kr.332.74

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 41 years between 1980 and 2021 and the average inflation rate was 2.7408%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr.100 × (1 + 0.027408)41
kr.303.01

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1980 kr.3.03 kroner in 2021
kr.5 kroner in 1980 kr.15.15 kroner in 2021
kr.10 kroner in 1980 kr.30.3 kroner in 2021
kr.50 kroner in 1980 kr.151.51 kroner in 2021
kr.100 kroner in 1980 kr.303.01 kroner in 2021
kr.500 kroner in 1980 kr.1,515.07 kroner in 2021
kr.1,000 kroner in 1980 kr.3,030.14 kroner in 2021
kr.5,000 kroner in 1980 kr.15,150.72 kroner in 2021
kr.10,000 kroner in 1980 kr.30,301.44 kroner in 2021
kr.50,000 kroner in 1980 kr.151,507.18 kroner in 2021
kr.100,000 kroner in 1980 kr.303,014.35 kroner in 2021
kr.500,000 kroner in 1980 kr.1,515,071.76 kroner in 2021
kr.1,000,000 kroner in 1980 kr.3,030,143.53 kroner in 2021
Cumulative inflation From 1980 232.74%
Avg. annual inflation From 1980 2.9%
CPI 1980 34.77
CPI today 115.69

Value of Krone over time (by year)

Period Value
1980 100
1981 111.77
1982 123.08
1983 131.58
1984 139.86
1985 146.4
1986 151.79
1987 157.89
1988 165.05
1989 172.93
1990 177.5
1991 181.75
1992 185.56
1993 187.89
1994 191.63
1995 195.63
1996 199.79
1997 204.15
1998 207.91
1999 213.11
2000 219.29
2001 224.42
2002 229.86
2003 234.63
2004 237.34
2005 241.65
2006 246.3
2007 250.47
2008 259.03
2009 262.41
2010 268.48
2011 275.88
2012 282.5
2013 284.73
2014 286.33
2015 287.63
2016 288.35
2017 291.65
2018 294.03
2019 296.26
2020 297.5
2021 303.01
2022-08 330.48
Today 332.74

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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