Value of 1969 Swedish Kronor today

kr100 in 1969

kr875.2 in 2019

The inflation rate in Sweden between 1969 and today has been 775.2%, which translates into a total increase of kr775.2. This means that 100 kronor in 1969 are equivalent to 875.2 kronor in 2019. In other words, the purchasing power of kr100 in 1969 equals kr875.2 today. The average annual inflation rate has been 4.35%.

Inflation timeline in Sweden (1969-2019)

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 (1969-2019) 774.36%
Total Inflation* 775.2%
Annual inflation avg. (1969-2019) 4.43%
Annual inflation avg.* 4.35%
CPI 1969 12.11
CPI 2019 105.91
CPI today* 106.01
kr1 in 1969 kr8.74 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 50 years between 1969 and 2019 and the average inflation rate has been 4.3453%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.04)50 = kr874.36

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 1969 was 12.11 and the CPI today is 106.01. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
105.91/12.11
= kr874.36

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1969 kr8.75 kronor today
kr5 kronor in 1969 kr43.76 kronor today
kr10 kronor in 1969 kr87.52 kronor today
kr50 kronor in 1969 kr437.6 kronor today
kr100 kronor in 1969 kr875.2 kronor today
kr500 kronor in 1969 kr4,376.02 kronor today
kr1,000 kronor in 1969 kr8,752.03 kronor today
kr5,000 kronor in 1969 kr43,760.16 kronor today
kr10,000 kronor in 1969 kr87,520.32 kronor today
kr50,000 kronor in 1969 kr437,601.62 kronor today
kr100,000 kronor in 1969 kr875,203.25 kronor today
kr500,000 kronor in 1969 kr4,376,016.23 kronor today
kr1,000,000 kronor in 1969 kr8,752,032.46 kronor today

Value of Krona in time (by year)

Period Value
1969 100
1970 103.86
1971 112.29
1972 120.27
1973 127.79
1974 137.39
1975 153.3
1976 166.92
1977 182.38
1978 206.17
1979 221.37
1980 242.97
1981 277.3
1982 302.62
1983 331.81
1984 362.34
1985 391.9
1986 413.96
1987 427.71
1988 449.63
1989 476.53
1990 508.07
1991 563.45
1992 608.05
1993 619.35
1994 644.59
1995 660.51
1996 674.44
1997 673.18
1998 684.27
1999 675.97
2000 684.85
2001 691.54
2002 709.93
2003 724.71
2004 733.93
2005 735.99
2006 742.5
2007 754.64
2008 780.7
2009 787.73
2010 792.26
2011 810.79
2012 829.33
2013 828.89
2014 830.02
2015 827.41
2016 827.83
2017 842.24
2018 856.87
2019 874.36
Today 875.2