Value of 1972 Swedish Kronor today

kr100 in 1972

kr727.73 in 2019

The inflation rate in Sweden between 1972 and today has been 627.73%, which translates into a total increase of kr627.73. This means that 100 kronor in 1972 are equivalent to 727.73 kronor in 2019. In other words, the purchasing power of kr100 in 1972 equals kr727.73 today. The average annual inflation rate has been 4.22%.

Inflation timeline in Sweden (1972-2019)

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 (1972-2019) 626.98%
Total Inflation* 627.73%
Annual inflation avg. (1972-2019) 4.31%
Annual inflation avg.* 4.22%
CPI 1972 14.57
CPI 2019 105.91
CPI today* 106.02
kr1 in 1972 kr7.27 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 47 years between 1972 and 2019 and the average inflation rate has been 4.2216%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.04)47 = kr726.98

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 1972 was 14.57 and the CPI today is 106.02. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
105.91/14.57
= kr726.98

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1972 kr7.28 kronor today
kr5 kronor in 1972 kr36.39 kronor today
kr10 kronor in 1972 kr72.77 kronor today
kr50 kronor in 1972 kr363.86 kronor today
kr100 kronor in 1972 kr727.73 kronor today
kr500 kronor in 1972 kr3,638.63 kronor today
kr1,000 kronor in 1972 kr7,277.27 kronor today
kr5,000 kronor in 1972 kr36,386.34 kronor today
kr10,000 kronor in 1972 kr72,772.67 kronor today
kr50,000 kronor in 1972 kr363,863.36 kronor today
kr100,000 kronor in 1972 kr727,726.72 kronor today
kr500,000 kronor in 1972 kr3,638,633.59 kronor today
kr1,000,000 kronor in 1972 kr7,277,267.19 kronor today

Value of Krona in time (by year)

Period Value
1972 100
1973 106.25
1974 114.24
1975 127.46
1976 138.78
1977 151.64
1978 171.42
1979 184.06
1980 202.02
1981 230.56
1982 251.61
1983 275.88
1984 301.27
1985 325.85
1986 344.18
1987 355.62
1988 373.84
1989 396.21
1990 422.43
1991 468.48
1992 505.56
1993 514.96
1994 535.95
1995 549.18
1996 560.76
1997 559.71
1998 568.94
1999 562.03
2000 569.42
2001 574.98
2002 590.27
2003 602.56
2004 610.23
2005 611.94
2006 617.35
2007 627.45
2008 649.11
2009 654.96
2010 658.73
2011 674.13
2012 689.55
2013 689.18
2014 690.12
2015 687.95
2016 688.3
2017 700.28
2018 712.44
2019 726.98
Today 727.73