kr.

Value of 1991 Danish Kroner today

kr.100 in 1991
kr.183.12 in 2022

The inflation rate in Denmark between 1991 and today has been 83.12%, which translates into a total increase of kr.83.12. This means that 100 kroner in 1991 are equivalent to 183.12 kroner in 2022. In other words, the purchasing power of kr.100 in 1991 equals kr.183.12 today. The average annual inflation rate between these periods has been 1.97%.

Inflation timeline in Denmark (1991 - 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 1991-2021 66.72%
Cumulative inflation 1991-today 83.12%
Avg. Annual inflation 1991-2021 1.72%
CPI 1991 63.19
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 1991 and 2021, use the corresponding CPI values:

Value2021
=Value1991 ×
CPI2021/CPI1991
=kr. 100 ×
105.35/63.19
kr.166.72

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

Valuetoday
=Value1991 ×
CPItoday/CPI1991
=kr. 100 ×
115.71/63.19
kr.183.12

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 30 years between 1991 and 2021 and the average inflation rate was 1.7185%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr.100 × (1 + 0.017185)30
kr.166.72

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1991 kr.1.67 kroner in 2021
kr.5 kroner in 1991 kr.8.34 kroner in 2021
kr.10 kroner in 1991 kr.16.67 kroner in 2021
kr.50 kroner in 1991 kr.83.36 kroner in 2021
kr.100 kroner in 1991 kr.166.72 kroner in 2021
kr.500 kroner in 1991 kr.833.62 kroner in 2021
kr.1,000 kroner in 1991 kr.1,667.23 kroner in 2021
kr.5,000 kroner in 1991 kr.8,336.16 kroner in 2021
kr.10,000 kroner in 1991 kr.16,672.31 kroner in 2021
kr.50,000 kroner in 1991 kr.83,361.57 kroner in 2021
kr.100,000 kroner in 1991 kr.166,723.14 kroner in 2021
kr.500,000 kroner in 1991 kr.833,615.69 kroner in 2021
kr.1,000,000 kroner in 1991 kr.1,667,231.38 kroner in 2021
Cumulative inflation From 1991 83.12%
Avg. annual inflation From 1991 1.97%
CPI 1991 63.19
CPI today 115.71

Value of Krone over time (by year)

Period Value
1991 100
1992 102.1
1993 103.38
1994 105.44
1995 107.64
1996 109.93
1997 112.32
1998 114.4
1999 117.25
2000 120.66
2001 123.48
2002 126.47
2003 129.1
2004 130.59
2005 132.96
2006 135.52
2007 137.81
2008 142.52
2009 144.38
2010 147.72
2011 151.79
2012 155.43
2013 156.66
2014 157.54
2015 158.26
2016 158.65
2017 160.47
2018 161.78
2019 163
2020 163.69
2021 166.72
2022-08 181.84
Today 183.12

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: