kr.

Value of 1995 Danish Kroner today

kr.100 in 1995
kr.171.63 in 2023

The inflation rate in Denmark between 1995 and today has been 71.63%, which translates into a total increase of kr.71.63. This means that 100 kroner in 1995 are equivalent to 171.63 kroner in 2023. In other words, the purchasing power of kr.100 in 1995 equals kr.171.63 today. The average annual inflation rate between these periods has been 1.95%.

Inflation timeline in Denmark (1995 - 2023)

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 1995-2022 66.82%
Cumulative inflation 1995-today 71.63%
Avg. Annual inflation 1995-2022 1.91%
CPI 1995 68.01
CPI 2022 113.46
CPI 2022-12 (latest official data) 115.9
CPI today 116.73

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 1995 and 2022, use the corresponding CPI values:

Value2022
=Value1995 ×
CPI2022/CPI1995
=kr. 100 ×
113.46/68.01
kr.166.82

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 116.73:

Valuetoday
=Value1995 ×
CPItoday/CPI1995
=kr. 100 ×
116.73/68.01
kr.171.63

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 27 years between 1995 and 2022 and the average inflation rate was 1.9133%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=kr.100 × (1 + 0.019133)27
kr.166.82

Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 1995 kr.1.67 kroner in 2022
kr.5 kroner in 1995 kr.8.34 kroner in 2022
kr.10 kroner in 1995 kr.16.68 kroner in 2022
kr.50 kroner in 1995 kr.83.41 kroner in 2022
kr.100 kroner in 1995 kr.166.82 kroner in 2022
kr.500 kroner in 1995 kr.834.08 kroner in 2022
kr.1,000 kroner in 1995 kr.1,668.16 kroner in 2022
kr.5,000 kroner in 1995 kr.8,340.8 kroner in 2022
kr.10,000 kroner in 1995 kr.16,681.6 kroner in 2022
kr.50,000 kroner in 1995 kr.83,408.02 kroner in 2022
kr.100,000 kroner in 1995 kr.166,816.05 kroner in 2022
kr.500,000 kroner in 1995 kr.834,080.24 kroner in 2022
kr.1,000,000 kroner in 1995 kr.1,668,160.48 kroner in 2022
Cumulative inflation From 1995 71.63%
Avg. annual inflation From 1995 1.95%
CPI 1995 68.01
CPI today 116.73

Value of Krone over time (by year)

Period Value
1995 100
1996 102.13
1997 104.35
1998 106.28
1999 108.94
2000 112.1
2001 114.72
2002 117.5
2003 119.94
2004 121.32
2005 123.53
2006 125.91
2007 128.04
2008 132.41
2009 134.14
2010 137.24
2011 141.02
2012 144.41
2013 145.55
2014 146.37
2015 147.03
2016 147.4
2017 149.09
2018 150.3
2019 151.44
2020 152.08
2021 154.89
2022 166.82
2022-12 170.41
Today 171.63

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 |

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