kr.

Value of 1992 Danish Kroner today

kr.100 in 1992
kr.179.28 in 2022

The inflation rate in Denmark between 1992 and today has been 79.28%, which translates into a total increase of kr.79.28. This means that 100 kroner in 1992 are equivalent to 179.28 kroner in 2022. In other words, the purchasing power of kr.100 in 1992 equals kr.179.28 today. The average annual inflation rate between these periods has been 1.96%.

Inflation timeline in Denmark (1992 - 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 1992-2021 63.3%
Cumulative inflation 1992-today 79.28%
Avg. Annual inflation 1992-2021 1.71%
CPI 1992 64.51
CPI 2021 105.35
CPI 2022-08 (latest official data) 114.9
CPI today 115.66

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 1992 and 2021, use the corresponding CPI values:

Value2021
=Value1992 ×
CPI2021/CPI1992
=kr. 100 ×
105.35/64.51
kr.163.3

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 115.66:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=kr. 100 ×
115.66/64.51
kr.179.28

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 29 years between 1992 and 2021 and the average inflation rate was 1.7055%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr.100 × (1 + 0.017055)29
kr.163.3

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1992 kr.1.63 kroner in 2021
kr.5 kroner in 1992 kr.8.17 kroner in 2021
kr.10 kroner in 1992 kr.16.33 kroner in 2021
kr.50 kroner in 1992 kr.81.65 kroner in 2021
kr.100 kroner in 1992 kr.163.3 kroner in 2021
kr.500 kroner in 1992 kr.816.5 kroner in 2021
kr.1,000 kroner in 1992 kr.1,633 kroner in 2021
kr.5,000 kroner in 1992 kr.8,165.01 kroner in 2021
kr.10,000 kroner in 1992 kr.16,330.03 kroner in 2021
kr.50,000 kroner in 1992 kr.81,650.15 kroner in 2021
kr.100,000 kroner in 1992 kr.163,300.29 kroner in 2021
kr.500,000 kroner in 1992 kr.816,501.47 kroner in 2021
kr.1,000,000 kroner in 1992 kr.1,633,002.94 kroner in 2021
Cumulative inflation From 1992 79.28%
Avg. annual inflation From 1992 1.96%
CPI 1992 64.51
CPI today 115.66

Value of Krone over time (by year)

Period Value
1992 100
1993 101.26
1994 103.27
1995 105.43
1996 107.67
1997 110.02
1998 112.05
1999 114.85
2000 118.18
2001 120.94
2002 123.88
2003 126.45
2004 127.91
2005 130.23
2006 132.74
2007 134.99
2008 139.6
2009 141.42
2010 144.69
2011 148.68
2012 152.24
2013 153.44
2014 154.31
2015 155.01
2016 155.39
2017 157.18
2018 158.46
2019 159.66
2020 160.33
2021 163.3
2022-08 178.1
Today 179.28

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: