kr

Value of 1969 Swedish Kronor today

kr100 in 1969
kr984.17 in 2022

The inflation rate in Sweden between 1969 and today has been 884.17%, which translates into a total increase of kr884.17. This means that 100 kronor in 1969 are equivalent to 984.17 kronor in 2022. In other words, the purchasing power of kr100 in 1969 equals kr984.17 today. The average annual inflation rate between these periods has been 4.41%.

Inflation timeline in Sweden (1969 - 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 1969-2021 787.05%
Cumulative inflation 1969-today 884.17%
Avg. Annual inflation 1969-2021 4.29%
CPI 1969 12.35
CPI 2021 109.52
CPI 2022-08 (latest official data) 120.57
CPI today 121.51

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 1969 and 2021, use the corresponding CPI values:

Value2021
=Value1969 ×
CPI2021/CPI1969
=kr 100 ×
109.52/12.35
kr887.05

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 121.51:

Valuetoday
=Value1969 ×
CPItoday/CPI1969
=kr 100 ×
121.51/12.35
kr984.17

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 52 years between 1969 and 2021 and the average inflation rate was 4.2869%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr100 × (1 + 0.042869)52
kr887.05

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1969 kr8.87 kronor in 2021
kr5 kronor in 1969 kr44.35 kronor in 2021
kr10 kronor in 1969 kr88.71 kronor in 2021
kr50 kronor in 1969 kr443.53 kronor in 2021
kr100 kronor in 1969 kr887.05 kronor in 2021
kr500 kronor in 1969 kr4,435.26 kronor in 2021
kr1,000 kronor in 1969 kr8,870.52 kronor in 2021
kr5,000 kronor in 1969 kr44,352.59 kronor in 2021
kr10,000 kronor in 1969 kr88,705.17 kronor in 2021
kr50,000 kronor in 1969 kr443,525.87 kronor in 2021
kr100,000 kronor in 1969 kr887,051.73 kronor in 2021
kr500,000 kronor in 1969 kr4,435,258.66 kronor in 2021
kr1,000,000 kronor in 1969 kr8,870,517.32 kronor in 2021
Cumulative inflation From 1969 884.17%
Avg. annual inflation From 1969 4.41%
CPI 1969 12.35
CPI today 121.51

Value of Krona over time (by year)

Period Value
1969 100
1970 107.02
1971 114.93
1972 121.84
1973 130.02
1974 142.91
1975 156.88
1976 172.96
1977 192.75
1978 212.02
1979 227.3
1980 258.46
1981 289.74
1982 314.63
1983 342.55
1984 370.1
1985 397.39
1986 414.22
1987 431.57
1988 456.71
1989 486.14
1990 536.53
1991 587.21
1992 601.15
1993 629.57
1994 643.16
1995 658.95
1996 662.46
1997 666.83
1998 665.04
1999 668.12
2000 674.13
2001 690.35
2002 705.25
2003 718.83
2004 721.51
2005 724.78
2006 734.64
2007 750.89
2008 776.7
2009 772.86
2010 781.81
2011 804.96
2012 812.11
2013 811.75
2014 810.29
2015 809.91
2016 817.89
2017 832.56
2018 848.83
2019 863.97
2020 868.27
2021 887.05
2022-08 976.54
Today 984.17

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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