kr.

Value of 1984 Danish Kroner today

kr.100 in 1984
kr.233.42 in 2022

The inflation rate in Denmark between 1984 and today has been 133.42%, which translates into a total increase of kr.133.42. This means that 100 kroner in 1984 are equivalent to 233.42 kroner in 2022. In other words, the purchasing power of kr.100 in 1984 equals kr.233.42 today. The average annual inflation rate between these periods has been 2.26%.

Inflation timeline in Denmark (1984 - 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 1984-2021 116.66%
Cumulative inflation 1984-today 133.42%
Avg. Annual inflation 1984-2021 2.11%
CPI 1984 48.63
CPI 2021 105.35
CPI 2022-05 (latest official data) 112.7
CPI today 113.5

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 1984 and 2021, use the corresponding CPI values:

Value2021
=Value1984 ×
CPI2021/CPI1984
=kr. 100 ×
105.35/48.63
kr.216.66

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 113.5:

Valuetoday
=Value1984 ×
CPItoday/CPI1984
=kr. 100 ×
113.5/48.63
kr.233.42

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 37 years between 1984 and 2021 and the average inflation rate was 2.1116%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr.100 × (1 + 0.021116)37
kr.216.66

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1984 kr.2.17 kroner in 2021
kr.5 kroner in 1984 kr.10.83 kroner in 2021
kr.10 kroner in 1984 kr.21.67 kroner in 2021
kr.50 kroner in 1984 kr.108.33 kroner in 2021
kr.100 kroner in 1984 kr.216.66 kroner in 2021
kr.500 kroner in 1984 kr.1,083.28 kroner in 2021
kr.1,000 kroner in 1984 kr.2,166.57 kroner in 2021
kr.5,000 kroner in 1984 kr.10,832.83 kroner in 2021
kr.10,000 kroner in 1984 kr.21,665.66 kroner in 2021
kr.50,000 kroner in 1984 kr.108,328.31 kroner in 2021
kr.100,000 kroner in 1984 kr.216,656.63 kroner in 2021
kr.500,000 kroner in 1984 kr.1,083,283.14 kroner in 2021
kr.1,000,000 kroner in 1984 kr.2,166,566.27 kroner in 2021
Cumulative inflation From 1984 133.42%
Avg. annual inflation From 1984 2.26%
CPI 1984 48.63
CPI today 113.5

Value of Krone over time (by year)

Period Value
1984 100
1985 104.68
1986 108.53
1987 112.89
1988 118.01
1989 123.64
1990 126.91
1991 129.95
1992 132.67
1993 134.34
1994 137.02
1995 139.87
1996 142.85
1997 145.96
1998 148.66
1999 152.37
2000 156.8
2001 160.46
2002 164.35
2003 167.76
2004 169.7
2005 172.78
2006 176.11
2007 179.09
2008 185.21
2009 187.63
2010 191.96
2011 197.26
2012 201.99
2013 203.58
2014 204.73
2015 205.65
2016 206.17
2017 208.53
2018 210.23
2019 211.82
2020 212.71
2021 216.66
2022-05 231.77
Today 233.42

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: