Value of 1965 Swedish Kronor today

kr100 in 1965

kr1,027.59 today

The inflation rate in Sweden between 1965 and today has been 927.59%, which translates into a total increase of kr927.59. This means that 100 kronor in 1965 are equivalent to 1,027.59 kronor in 2018. In other words, the purchasing power of kr100 in 1965 equals kr1,027.59 today. The average annual inflation rate has been 4.41%.

Inflation timeline in Sweden (1965-2019)

The following chart ilustrates the equivalence of kr100 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 (SEK) 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 (1965-2018) 907.03%
Total Inflation* 927.59%
Annual inflation avg. (1965-2018) 4.45%
Annual inflation avg.* 4.41%
CPI 1965 10.31
CPI 2018 103.79
CPI today* 105.91
kr1 in 1965 kr10.07 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 kr100 worth today. There are 53 years between 1965 and 2018 and the average inflation rate has been 4.4089%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.04)53 = kr1,007.03

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 1965 was 10.31 and the CPI today is 105.91. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
103.79/10.31
= kr1,007.03

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1965 kr10.28 kronor today
kr5 kronor in 1965 kr51.38 kronor today
kr10 kronor in 1965 kr102.76 kronor today
kr50 kronor in 1965 kr513.8 kronor today
kr100 kronor in 1965 kr1,027.59 kronor today
kr500 kronor in 1965 kr5,137.97 kronor today
kr1,000 kronor in 1965 kr10,275.95 kronor today
kr5,000 kronor in 1965 kr51,379.74 kronor today
kr10,000 kronor in 1965 kr102,759.49 kronor today
kr50,000 kronor in 1965 kr513,797.45 kronor today
kr100,000 kronor in 1965 kr1,027,594.89 kronor today
kr500,000 kronor in 1965 kr5,137,974.46 kronor today
kr1,000,000 kronor in 1965 kr10,275,948.91 kronor today

Value of Krona in time (by year)

Period Value
1965 100
1966 105.98
1967 111.42
1968 115.21
1969 117.52
1970 122.06
1971 131.97
1972 141.35
1973 150.18
1974 161.47
1975 180.17
1976 196.17
1977 214.34
1978 242.3
1979 260.16
1980 285.55
1981 325.89
1982 355.65
1983 389.95
1984 425.84
1985 460.58
1986 486.5
1987 502.66
1988 528.42
1989 560.04
1990 597.1
1991 662.19
1992 714.61
1993 727.89
1994 757.55
1995 776.26
1996 792.63
1997 791.15
1998 804.18
1999 794.43
2000 804.87
2001 812.73
2002 834.34
2003 851.71
2004 862.55
2005 864.97
2006 872.61
2007 886.89
2008 917.51
2009 925.78
2010 931.1
2011 952.87
2012 974.67
2013 974.14
2014 975.47
2015 972.41
2016 972.9
2017 989.84
2018 1,007.03
Today 1,027.59