Value of 1992 Danish Kroner today

kr.100 in 1992

kr.160.46 in 2018

The inflation rate in Denmark between 1992 and today has been 60.46%, which translates into a total increase of kr.60.46. This means that 100 kroner in 1992 are equivalent to 160.46 kroner in 2018. In other words, the purchasing power of kr.100 in 1992 equals kr.160.46 today. The average annual inflation rate has been 1.77%.

Inflation timeline in Denmark (1992-2018)

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 (1992-2018) 58.73%
Total Inflation* 60.46%
Annual inflation avg. (1992-2018) 1.79%
Annual inflation avg.* 1.77%
CPI 1992 63.82
CPI 2018 101.3
CPI today* 102.4
kr.1 in 1992 kr.1.59 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 26 years between 1992 and 2018 and the average inflation rate has been 1.7668%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr.100 * (1 + 0.02)26 = kr.158.73

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 1992 was 63.82 and the CPI today is 102.4. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr.100 *
101.3/63.82
= kr.158.73

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1992 kr.1.6 kroner today
kr.5 kroner in 1992 kr.8.02 kroner today
kr.10 kroner in 1992 kr.16.05 kroner today
kr.50 kroner in 1992 kr.80.23 kroner today
kr.100 kroner in 1992 kr.160.46 kroner today
kr.500 kroner in 1992 kr.802.29 kroner today
kr.1,000 kroner in 1992 kr.1,604.58 kroner today
kr.5,000 kroner in 1992 kr.8,022.91 kroner today
kr.10,000 kroner in 1992 kr.16,045.83 kroner today
kr.50,000 kroner in 1992 kr.80,229.14 kroner today
kr.100,000 kroner in 1992 kr.160,458.29 kroner today
kr.500,000 kroner in 1992 kr.802,291.44 kroner today
kr.1,000,000 kroner in 1992 kr.1,604,582.89 kroner today

Value of Krone in time (by year)

Period Value
1992 100
1993 101.47
1994 103
1995 105.34
1996 107.25
1997 109.75
1998 112.04
1999 113.95
2000 117.6
2001 120.43
2002 123.01
2003 126.14
2004 127.86
2005 129.43
2006 132.41
2007 134.76
2008 137.89
2009 141.18
2010 143.22
2011 147.3
2012 150.9
2013 154.03
2014 155.13
2015 155.76
2016 156.38
2017 157.17
2018 158.73
Today 160.46