kr.

# Value of 1986 Danish Kroner today

kr.100 in 1986
kr.224.66 in 2024

The inflation rate in Denmark between 1986 and today has been 124.66%, which translates into a total increase of kr.124.66. This means that 100 kroner in 1986 are equivalent to 224.66 kroner in 2024. In other words, the purchasing power of kr.100 in 1986 equals kr.224.66 today. The average annual inflation rate between these periods has been 2.15%.

## Inflation timeline in Denmark (1986 - 2024)

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 1986-2023 122.1%
Cumulative inflation 1986-today 124.66%
Avg. Annual inflation 1986-2023 2.18%
CPI 1986 52.77
CPI 2023 117.21
CPI 2024-04 (latest official data) 118.5
CPI today 118.56

## 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 1986 and 2023, use the corresponding CPI values:

Value2023
=Value1986 ×
CPI2023/CPI1986
=kr. 100 ×
117.21/52.77
kr.222.1

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.56:

Valuetoday
=Value1986 ×
CPItoday/CPI1986
=kr. 100 ×
118.56/52.77
kr.224.66

### 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 1986 and 2023 and the average inflation rate was 2.1801%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=kr.100 × (1 + 0.021801)37
kr.222.1

## Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1986 kr.2.22 kroner in 2023
kr.5 kroner in 1986 kr.11.11 kroner in 2023
kr.10 kroner in 1986 kr.22.21 kroner in 2023
kr.50 kroner in 1986 kr.111.05 kroner in 2023
kr.100 kroner in 1986 kr.222.1 kroner in 2023
kr.500 kroner in 1986 kr.1,110.5 kroner in 2023
kr.1,000 kroner in 1986 kr.2,221.01 kroner in 2023
kr.5,000 kroner in 1986 kr.11,105.03 kroner in 2023
kr.10,000 kroner in 1986 kr.22,210.07 kroner in 2023
kr.50,000 kroner in 1986 kr.111,050.34 kroner in 2023
kr.100,000 kroner in 1986 kr.222,100.67 kroner in 2023
kr.500,000 kroner in 1986 kr.1,110,503.37 kroner in 2023
kr.1,000,000 kroner in 1986 kr.2,221,006.73 kroner in 2023
 Cumulative inflation From 1986 124.66% Avg. annual inflation From 1986 2.15% CPI 1986 52.77 CPI today 118.56

### Value of Krone over time (by year)

Period Value
1986 100
1987 104.02
1988 108.74
1989 113.93
1990 116.94
1991 119.74
1992 122.25
1993 123.78
1994 126.25
1995 128.88
1996 131.62
1997 134.49
1998 136.98
1999 140.4
2000 144.47
2001 147.85
2002 151.44
2003 154.58
2004 156.36
2005 159.21
2006 162.27
2007 165.02
2008 170.65
2009 172.88
2010 176.88
2011 181.75
2012 186.11
2013 187.58
2014 188.64
2015 189.49
2016 189.97
2017 192.15
2018 193.71
2019 195.18
2020 196
2021 199.63
2022 214.99
2023 222.1
2024-04 224.55
Today 224.66

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 | 2022 | 2023 |

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