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Value of 1979 Swedish Kronor today

kr100 in 1979
kr439.56 in 2022

The inflation rate in Sweden between 1979 and today has been 339.56%, which translates into a total increase of kr339.56. This means that 100 kronor in 1979 are equivalent to 439.56 kronor in 2022. In other words, the purchasing power of kr100 in 1979 equals kr439.56 today. The average annual inflation rate between these periods has been 3.5%.

Inflation timeline in Sweden (1979 - 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 1979-2021 290.25%
Cumulative inflation 1979-today 339.56%
Avg. Annual inflation 1979-2021 3.3%
CPI 1979 28.07
CPI 2021 109.52
CPI 2022-10 (latest official data) 122.56
CPI today 123.36

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 1979 and 2021, use the corresponding CPI values:

Value2021
=Value1979 ×
CPI2021/CPI1979
=kr 100 ×
109.52/28.07
kr390.25

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 123.36:

Valuetoday
=Value1979 ×
CPItoday/CPI1979
=kr 100 ×
123.36/28.07
kr439.56

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 42 years between 1979 and 2021 and the average inflation rate was 3.2951%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr100 × (1 + 0.032951)42
kr390.25

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1979 kr3.9 kronor in 2021
kr5 kronor in 1979 kr19.51 kronor in 2021
kr10 kronor in 1979 kr39.02 kronor in 2021
kr50 kronor in 1979 kr195.12 kronor in 2021
kr100 kronor in 1979 kr390.25 kronor in 2021
kr500 kronor in 1979 kr1,951.24 kronor in 2021
kr1,000 kronor in 1979 kr3,902.47 kronor in 2021
kr5,000 kronor in 1979 kr19,512.37 kronor in 2021
kr10,000 kronor in 1979 kr39,024.74 kronor in 2021
kr50,000 kronor in 1979 kr195,123.69 kronor in 2021
kr100,000 kronor in 1979 kr390,247.39 kronor in 2021
kr500,000 kronor in 1979 kr1,951,236.94 kronor in 2021
kr1,000,000 kronor in 1979 kr3,902,473.87 kronor in 2021
Cumulative inflation From 1979 339.56%
Avg. annual inflation From 1979 3.5%
CPI 1979 28.07
CPI today 123.36

Value of Krona over time (by year)

Period Value
1979 100
1980 113.71
1981 127.47
1982 138.42
1983 150.7
1984 162.82
1985 174.83
1986 182.23
1987 189.86
1988 200.92
1989 213.87
1990 236.04
1991 258.33
1992 264.47
1993 276.97
1994 282.95
1995 289.9
1996 291.44
1997 293.36
1998 292.58
1999 293.93
2000 296.57
2001 303.71
2002 310.26
2003 316.24
2004 317.42
2005 318.86
2006 323.2
2007 330.35
2008 341.7
2009 340.01
2010 343.95
2011 354.13
2012 357.28
2013 357.12
2014 356.48
2015 356.31
2016 359.82
2017 366.28
2018 373.43
2019 380.09
2020 381.98
2021 390.25
2022-10 436.7
Today 439.56

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 |

Other currencies: