Value of 1979 Swedish Kronor today

kr100 in 1979

kr395.56 in 2019

The inflation rate in Sweden between 1979 and today has been 295.56%, which translates into a total increase of kr295.56. This means that 100 kronor in 1979 are equivalent to 395.56 kronor in 2019. In other words, the purchasing power of kr100 in 1979 equals kr395.56 today. The average annual inflation rate has been 3.41%.

Inflation timeline in Sweden (1979-2019)

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 (1979-2019) 294.98%
Total Inflation* 295.56%
Annual inflation avg. (1979-2019) 3.49%
Annual inflation avg.* 3.41%
CPI 1979 26.81
CPI 2019 105.91
CPI today* 106.07
kr1 in 1979 kr3.95 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 40 years between 1979 and 2019 and the average inflation rate has been 3.4109%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.03)40 = kr394.98

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 1979 was 26.81 and the CPI today is 106.07. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
105.91/26.81
= kr394.98

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1979 kr3.96 kronor today
kr5 kronor in 1979 kr19.78 kronor today
kr10 kronor in 1979 kr39.56 kronor today
kr50 kronor in 1979 kr197.78 kronor today
kr100 kronor in 1979 kr395.56 kronor today
kr500 kronor in 1979 kr1,977.79 kronor today
kr1,000 kronor in 1979 kr3,955.59 kronor today
kr5,000 kronor in 1979 kr19,777.94 kronor today
kr10,000 kronor in 1979 kr39,555.88 kronor today
kr50,000 kronor in 1979 kr197,779.39 kronor today
kr100,000 kronor in 1979 kr395,558.79 kronor today
kr500,000 kronor in 1979 kr1,977,793.95 kronor today
kr1,000,000 kronor in 1979 kr3,955,587.9 kronor today

Value of Krona in time (by year)

Period Value
1979 100
1980 109.76
1981 125.26
1982 136.7
1983 149.89
1984 163.68
1985 177.04
1986 187
1987 193.21
1988 203.11
1989 215.26
1990 229.51
1991 254.53
1992 274.68
1993 279.78
1994 291.18
1995 298.37
1996 304.67
1997 304.1
1998 309.11
1999 305.36
2000 309.37
2001 312.39
2002 320.7
2003 327.38
2004 331.54
2005 332.47
2006 335.41
2007 340.9
2008 352.67
2009 355.84
2010 357.89
2011 366.26
2012 374.64
2013 374.43
2014 374.95
2015 373.77
2016 373.96
2017 380.47
2018 387.07
2019 394.98
Today 395.56