Value of 1982 Danish Kroner today

kr.100 in 1982

kr.251.66 in 2018

The inflation rate in Denmark between 1982 and today has been 151.66%, which translates into a total increase of kr.151.66. This means that 100 kroner in 1982 are equivalent to 251.66 kroner in 2018. In other words, the purchasing power of kr.100 in 1982 equals kr.251.66 today. The average annual inflation rate has been 2.53%.

Inflation timeline in Denmark (1982-2018)

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 (1982-2018) 148.95%
Total Inflation* 151.66%
Annual inflation avg. (1982-2018) 2.57%
Annual inflation avg.* 2.53%
CPI 1982 40.69
CPI 2018 101.3
CPI today* 102.4
kr.1 in 1982 kr.2.49 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 36 years between 1982 and 2018 and the average inflation rate has been 2.5257%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr.100 * (1 + 0.03)36 = kr.248.95

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 1982 was 40.69 and the CPI today is 102.4. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr.100 *
101.3/40.69
= kr.248.95

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1982 kr.2.52 kroner today
kr.5 kroner in 1982 kr.12.58 kroner today
kr.10 kroner in 1982 kr.25.17 kroner today
kr.50 kroner in 1982 kr.125.83 kroner today
kr.100 kroner in 1982 kr.251.66 kroner today
kr.500 kroner in 1982 kr.1,258.29 kroner today
kr.1,000 kroner in 1982 kr.2,516.59 kroner today
kr.5,000 kroner in 1982 kr.12,582.94 kroner today
kr.10,000 kroner in 1982 kr.25,165.87 kroner today
kr.50,000 kroner in 1982 kr.125,829.36 kroner today
kr.100,000 kroner in 1982 kr.251,658.72 kroner today
kr.500,000 kroner in 1982 kr.1,258,293.61 kroner today
kr.1,000,000 kroner in 1982 kr.2,516,587.22 kroner today

Value of Krone in time (by year)

Period Value
1982 100
1983 108.97
1984 115.56
1985 122.05
1986 126.41
1987 131.88
1988 137.26
1989 143.5
1990 150.43
1991 153.25
1992 156.84
1993 159.15
1994 161.54
1995 165.21
1996 168.21
1997 172.14
1998 175.73
1999 178.72
2000 184.44
2001 188.87
2002 192.92
2003 197.84
2004 200.54
2005 203
2006 207.67
2007 211.35
2008 216.27
2009 221.43
2010 224.62
2011 231.01
2012 236.67
2013 241.58
2014 243.3
2015 244.29
2016 245.27
2017 246.5
2018 248.95
Today 251.66