kr.

Value of 1982 Danish Kroner today

kr.100 in 1982
kr.270.41 in 2022

The inflation rate in Denmark between 1982 and today has been 170.41%, which translates into a total increase of kr.170.41. This means that 100 kroner in 1982 are equivalent to 270.41 kroner in 2022. In other words, the purchasing power of kr.100 in 1982 equals kr.270.41 today. The average annual inflation rate between these periods has been 2.52%.

Inflation timeline in Denmark (1982 - 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 1982-2021 146.19%
Cumulative inflation 1982-today 170.41%
Avg. Annual inflation 1982-2021 2.34%
CPI 1982 42.79
CPI 2021 105.35
CPI 2022-08 (latest official data) 114.9
CPI today 115.71

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 1982 and 2021, use the corresponding CPI values:

Value2021
=Value1982 ×
CPI2021/CPI1982
=kr. 100 ×
105.35/42.79
kr.246.19

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 115.71:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=kr. 100 ×
115.71/42.79
kr.270.41

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 39 years between 1982 and 2021 and the average inflation rate was 2.337%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr.100 × (1 + 0.02337)39
kr.246.19

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1982 kr.2.46 kroner in 2021
kr.5 kroner in 1982 kr.12.31 kroner in 2021
kr.10 kroner in 1982 kr.24.62 kroner in 2021
kr.50 kroner in 1982 kr.123.1 kroner in 2021
kr.100 kroner in 1982 kr.246.19 kroner in 2021
kr.500 kroner in 1982 kr.1,230.97 kroner in 2021
kr.1,000 kroner in 1982 kr.2,461.95 kroner in 2021
kr.5,000 kroner in 1982 kr.12,309.73 kroner in 2021
kr.10,000 kroner in 1982 kr.24,619.47 kroner in 2021
kr.50,000 kroner in 1982 kr.123,097.34 kroner in 2021
kr.100,000 kroner in 1982 kr.246,194.67 kroner in 2021
kr.500,000 kroner in 1982 kr.1,230,973.37 kroner in 2021
kr.1,000,000 kroner in 1982 kr.2,461,946.74 kroner in 2021
Cumulative inflation From 1982 170.41%
Avg. annual inflation From 1982 2.52%
CPI 1982 42.79
CPI today 115.71

Value of Krone over time (by year)

Period Value
1982 100
1983 106.91
1984 113.63
1985 118.95
1986 123.33
1987 128.28
1988 134.1
1989 140.5
1990 144.21
1991 147.67
1992 150.76
1993 152.66
1994 155.7
1995 158.94
1996 162.32
1997 165.87
1998 168.93
1999 173.15
2000 178.17
2001 182.34
2002 186.76
2003 190.63
2004 192.83
2005 196.34
2006 200.12
2007 203.51
2008 210.46
2009 213.21
2010 218.13
2011 224.15
2012 229.52
2013 231.34
2014 232.64
2015 233.69
2016 234.28
2017 236.96
2018 238.89
2019 240.7
2020 241.72
2021 246.19
2022-08 268.51
Today 270.41

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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