kr.

Value of 1981 Danish Kroner today

kr.100 in 1981
kr.291.74 in 2022

The inflation rate in Denmark between 1981 and today has been 191.74%, which translates into a total increase of kr.191.74. This means that 100 kroner in 1981 are equivalent to 291.74 kroner in 2022. In other words, the purchasing power of kr.100 in 1981 equals kr.291.74 today. The average annual inflation rate between these periods has been 2.65%.

Inflation timeline in Denmark (1981 - 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 1981-2021 171.11%
Cumulative inflation 1981-today 191.74%
Avg. Annual inflation 1981-2021 2.52%
CPI 1981 38.86
CPI 2021 105.35
CPI 2022-05 (latest official data) 112.7
CPI today 113.37

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 1981 and 2021, use the corresponding CPI values:

Value2021
=Value1981 ×
CPI2021/CPI1981
=kr. 100 ×
105.35/38.86
kr.271.11

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 113.37:

Valuetoday
=Value1981 ×
CPItoday/CPI1981
=kr. 100 ×
113.37/38.86
kr.291.74

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 40 years between 1981 and 2021 and the average inflation rate was 2.5247%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr.100 × (1 + 0.025247)40
kr.271.11

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1981 kr.2.71 kroner in 2021
kr.5 kroner in 1981 kr.13.56 kroner in 2021
kr.10 kroner in 1981 kr.27.11 kroner in 2021
kr.50 kroner in 1981 kr.135.56 kroner in 2021
kr.100 kroner in 1981 kr.271.11 kroner in 2021
kr.500 kroner in 1981 kr.1,355.56 kroner in 2021
kr.1,000 kroner in 1981 kr.2,711.12 kroner in 2021
kr.5,000 kroner in 1981 kr.13,555.58 kroner in 2021
kr.10,000 kroner in 1981 kr.27,111.16 kroner in 2021
kr.50,000 kroner in 1981 kr.135,555.82 kroner in 2021
kr.100,000 kroner in 1981 kr.271,111.65 kroner in 2021
kr.500,000 kroner in 1981 kr.1,355,558.23 kroner in 2021
kr.1,000,000 kroner in 1981 kr.2,711,116.45 kroner in 2021
Cumulative inflation From 1981 191.74%
Avg. annual inflation From 1981 2.65%
CPI 1981 38.86
CPI today 113.37

Value of Krone over time (by year)

Period Value
1981 100
1982 110.12
1983 117.73
1984 125.13
1985 130.99
1986 135.81
1987 141.27
1988 147.67
1989 154.72
1990 158.81
1991 162.61
1992 166.02
1993 168.11
1994 171.46
1995 175.03
1996 178.75
1997 182.65
1998 186.02
1999 190.67
2000 196.21
2001 200.79
2002 205.66
2003 209.93
2004 212.35
2005 216.21
2006 220.37
2007 224.1
2008 231.76
2009 234.78
2010 240.21
2011 246.84
2012 252.75
2013 254.75
2014 256.19
2015 257.34
2016 257.99
2017 260.95
2018 263.07
2019 265.06
2020 266.18
2021 271.11
2022-05 290.03
Today 291.74

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 |

Other currencies: