Value of 1975 Swedish Kronor today

kr100 in 1975

kr571.2 in 2019

The inflation rate in Sweden between 1975 and today has been 471.2%, which translates into a total increase of kr471.2. This means that 100 kronor in 1975 are equivalent to 571.2 kronor in 2019. In other words, the purchasing power of kr100 in 1975 equals kr571.2 today. The average annual inflation rate has been 3.95%.

Inflation timeline in Sweden (1975-2019)

The following chart ilustrates the equivalence of kr100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing 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 (1975-2019) 470.35%
Total Inflation* 471.2%
Annual inflation avg. (1975-2019) 4.04%
Annual inflation avg.* 3.95%
CPI 1975 18.57
CPI 2019 105.91
CPI today* 106.07
kr1 in 1975 kr5.7 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 44 years between 1975 and 2019 and the average inflation rate has been 3.9483%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.04)44 = kr570.35

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 1975 was 18.57 and the CPI today is 106.07. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
105.91/18.57
= kr570.35

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1975 kr5.71 kronor today
kr5 kronor in 1975 kr28.56 kronor today
kr10 kronor in 1975 kr57.12 kronor today
kr50 kronor in 1975 kr285.6 kronor today
kr100 kronor in 1975 kr571.2 kronor today
kr500 kronor in 1975 kr2,855.98 kronor today
kr1,000 kronor in 1975 kr5,711.96 kronor today
kr5,000 kronor in 1975 kr28,559.79 kronor today
kr10,000 kronor in 1975 kr57,119.58 kronor today
kr50,000 kronor in 1975 kr285,597.91 kronor today
kr100,000 kronor in 1975 kr571,195.81 kronor today
kr500,000 kronor in 1975 kr2,855,979.05 kronor today
kr1,000,000 kronor in 1975 kr5,711,958.1 kronor today

Value of Krona in time (by year)

Period Value
1975 100
1976 108.88
1977 118.97
1978 134.49
1979 144.4
1980 158.49
1981 180.88
1982 197.4
1983 216.44
1984 236.36
1985 255.64
1986 270.03
1987 279
1988 293.3
1989 310.84
1990 331.42
1991 367.54
1992 396.64
1993 404.01
1994 420.48
1995 430.86
1996 439.95
1997 439.12
1998 446.36
1999 440.94
2000 446.74
2001 451.1
2002 463.1
2003 472.74
2004 478.75
2005 480.09
2006 484.34
2007 492.26
2008 509.26
2009 513.85
2010 516.8
2011 528.88
2012 540.98
2013 540.69
2014 541.43
2015 539.73
2016 540
2017 549.41
2018 558.94
2019 570.35
Today 571.2