kr

Value of 1965 Swedish Kronor today

kr100 in 1965
kr1,104.79 in 2022

The inflation rate in Sweden between 1965 and today has been 1,004.79%, which translates into a total increase of kr1,004.79. This means that 100 kronor in 1965 are equivalent to 1,104.79 kronor in 2022. In other words, the purchasing power of kr100 in 1965 equals kr1,104.79 today. The average annual inflation rate between these periods has been 4.3%.

Inflation timeline in Sweden (1965 - 2022)

The following chart depicts the equivalence of kr100 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 (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 extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1965-2021 930.49%
Cumulative inflation 1965-today 1,004.79%
Avg. Annual inflation 1965-2021 4.25%
CPI 1965 10.63
CPI 2021 109.52
CPI 2022-05 (latest official data) 116.75
CPI today 117.42

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 1965 and 2021, use the corresponding CPI values:

Value2021
=Value1965 ×
CPI2021/CPI1965
=kr 100 ×
109.52/10.63
kr1,030.49

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 117.42:

Valuetoday
=Value1965 ×
CPItoday/CPI1965
=kr 100 ×
117.42/10.63
kr1,104.79

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 kr100 worth today. There are 56 years between 1965 and 2021 and the average inflation rate was 4.2534%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr100 × (1 + 0.042534)56
kr1,030.49

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1965 kr10.3 kronor in 2021
kr5 kronor in 1965 kr51.52 kronor in 2021
kr10 kronor in 1965 kr103.05 kronor in 2021
kr50 kronor in 1965 kr515.25 kronor in 2021
kr100 kronor in 1965 kr1,030.49 kronor in 2021
kr500 kronor in 1965 kr5,152.46 kronor in 2021
kr1,000 kronor in 1965 kr10,304.92 kronor in 2021
kr5,000 kronor in 1965 kr51,524.6 kronor in 2021
kr10,000 kronor in 1965 kr103,049.21 kronor in 2021
kr50,000 kronor in 1965 kr515,246.05 kronor in 2021
kr100,000 kronor in 1965 kr1,030,492.09 kronor in 2021
kr500,000 kronor in 1965 kr5,152,460.45 kronor in 2021
kr1,000,000 kronor in 1965 kr10,304,920.9 kronor in 2021
Cumulative inflation From 1965 1,004.79%
Avg. annual inflation From 1965 4.3%
CPI 1965 10.63
CPI today 117.42

Value of Krona over time (by year)

Period Value
1965 100
1966 106.4
1967 110.97
1968 113.13
1969 116.17
1970 124.32
1971 133.52
1972 141.54
1973 151.04
1974 166.02
1975 182.25
1976 200.93
1977 223.92
1978 246.3
1979 264.06
1980 300.25
1981 336.6
1982 365.51
1983 397.94
1984 429.95
1985 461.65
1986 481.2
1987 501.36
1988 530.56
1989 564.75
1990 623.29
1991 682.16
1992 698.36
1993 731.38
1994 747.16
1995 765.51
1996 769.59
1997 774.66
1998 772.59
1999 776.16
2000 783.14
2001 801.98
2002 819.29
2003 835.06
2004 838.18
2005 841.98
2006 853.44
2007 872.32
2008 902.3
2009 897.84
2010 908.23
2011 935.13
2012 943.43
2013 943.02
2014 941.32
2015 940.88
2016 950.14
2017 967.19
2018 986.09
2019 1,003.68
2020 1,008.67
2021 1,030.49
2022-05 1,098.45
Today 1,104.79

All available years

Today's value of swedish kronor by year:

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 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 |

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