# Value of 2000 Danish Kroner today

kr.100 in 2000

kr.136.08 in 2019

The inflation rate in Denmark between 2000 and today has been 36.08%, which translates into a total increase of kr.36.08. This means that 100 kroner in 2000 are equivalent to 136.08 kroner in 2019. In other words, the purchasing power of kr.100 in 2000 equals kr.136.08 today. The average annual inflation rate has been 1.55%.

## Inflation timeline in Denmark (2000-2019)

The following chart depicts the equivalence of kr.100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (2000-2019) 36.04%
Total Inflation* 36.08%
Annual inflation avg. (2000-2019) 1.63%
Annual inflation avg.* 1.55%
CPI 2000 75.05
CPI 2019 102.1
CPI today* 102.13
kr.1 in 2000 kr.1.36 in 2019

* 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 19 years between 2000 and 2019 and the average inflation rate has been 1.5523%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr.100 * (1 + 0.02)19 = kr.136.04

#### 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 2000 was 75.05 and the CPI today is 102.13. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr.100 *
102.1/75.05
= kr.136.04

### Denmark inflation - Conversion table

Initial Value Equivalent value
kr.1 krone in 2000 kr.1.36 kroner today
kr.5 kroner in 2000 kr.6.8 kroner today
kr.10 kroner in 2000 kr.13.61 kroner today
kr.50 kroner in 2000 kr.68.04 kroner today
kr.100 kroner in 2000 kr.136.08 kroner today
kr.500 kroner in 2000 kr.680.4 kroner today
kr.1,000 kroner in 2000 kr.1,360.8 kroner today
kr.5,000 kroner in 2000 kr.6,804 kroner today
kr.10,000 kroner in 2000 kr.13,608.01 kroner today
kr.50,000 kroner in 2000 kr.68,040.03 kroner today
kr.100,000 kroner in 2000 kr.136,080.06 kroner today
kr.500,000 kroner in 2000 kr.680,400.29 kroner today
kr.1,000,000 kroner in 2000 kr.1,360,800.57 kroner today

Period Value
2000 100
2001 102.4
2002 104.6
2003 107.26
2004 108.73
2005 110.06
2006 112.59
2007 114.59
2008 117.25
2009 120.05
2010 121.78
2011 125.25
2012 128.31
2013 130.98
2014 131.91
2015 132.44
2016 132.98
2017 133.64
2018 134.98
2019 136.04
Today 136.08