Value of 1967 Swedish Kronor today

kr100 in 1967

kr923.22 in 2019

The inflation rate in Sweden between 1967 and today has been 823.22%, which translates into a total increase of kr823.22. This means that 100 kronor in 1967 are equivalent to 923.22 kronor in 2019. In other words, the purchasing power of kr100 in 1967 equals kr923.22 today. The average annual inflation rate has been 4.28%.

Inflation timeline in Sweden (1967-2019)

The following chart depicts the equivalence of kr100 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 (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 (1967-2019) 822.23%
Total Inflation* 823.22%
Annual inflation avg. (1967-2019) 4.36%
Annual inflation avg.* 4.28%
CPI 1967 11.48
CPI 2019 105.91
CPI today* 106.03
kr1 in 1967 kr9.22 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 kr100 worth today. There are 52 years between 1967 and 2019 and the average inflation rate has been 4.2829%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.04)52 = kr922.23

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 1967 was 11.48 and the CPI today is 106.03. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
105.91/11.48
= kr922.23

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1967 kr9.23 kronor today
kr5 kronor in 1967 kr46.16 kronor today
kr10 kronor in 1967 kr92.32 kronor today
kr50 kronor in 1967 kr461.61 kronor today
kr100 kronor in 1967 kr923.22 kronor today
kr500 kronor in 1967 kr4,616.1 kronor today
kr1,000 kronor in 1967 kr9,232.2 kronor today
kr5,000 kronor in 1967 kr46,161 kronor today
kr10,000 kronor in 1967 kr92,322 kronor today
kr50,000 kronor in 1967 kr461,610.01 kronor today
kr100,000 kronor in 1967 kr923,220.03 kronor today
kr500,000 kronor in 1967 kr4,616,100.14 kronor today
kr1,000,000 kronor in 1967 kr9,232,200.28 kronor today

Value of Krona in time (by year)

Period Value
1967 100
1968 103.4
1969 105.47
1970 109.55
1971 118.44
1972 126.86
1973 134.78
1974 144.91
1975 161.69
1976 176.05
1977 192.36
1978 217.46
1979 233.49
1980 256.27
1981 292.48
1982 319.18
1983 349.97
1984 382.18
1985 413.36
1986 436.62
1987 451.12
1988 474.24
1989 502.62
1990 535.88
1991 594.29
1992 641.34
1993 653.26
1994 679.88
1995 696.67
1996 711.37
1997 710.03
1998 721.73
1999 712.98
2000 722.34
2001 729.4
2002 748.8
2003 764.39
2004 774.11
2005 776.28
2006 783.14
2007 795.95
2008 823.44
2009 830.86
2010 835.64
2011 855.17
2012 874.74
2013 874.26
2014 875.46
2015 872.71
2016 873.15
2017 888.35
2018 903.78
2019 922.23
Today 923.22