Value of 1980 Swedish Kronor today

kr100 in 1980

kr359.87 today

The inflation rate in Sweden between 1980 and today has been 259.87%, which translates into a total increase of kr259.87. This means that 100 kronor in 1980 are equivalent to 359.87 kronor in 2018. In other words, the purchasing power of kr100 in 1980 equals kr359.87 today. The average annual inflation rate has been 3.34%.

Inflation timeline in Sweden (1980-2019)

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 (1980-2018) 252.66%
Total Inflation* 259.87%
Annual inflation avg. (1980-2018) 3.37%
Annual inflation avg.* 3.34%
CPI 1980 29.43
CPI 2018 103.79
CPI today* 105.91
kr1 in 1980 kr3.53 in 2018

* 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 38 years between 1980 and 2018 and the average inflation rate has been 3.338%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.03)38 = kr352.66

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 1980 was 29.43 and the CPI today is 105.91. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
103.79/29.43
= kr352.66

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1980 kr3.6 kronor today
kr5 kronor in 1980 kr17.99 kronor today
kr10 kronor in 1980 kr35.99 kronor today
kr50 kronor in 1980 kr179.93 kronor today
kr100 kronor in 1980 kr359.87 kronor today
kr500 kronor in 1980 kr1,799.33 kronor today
kr1,000 kronor in 1980 kr3,598.65 kronor today
kr5,000 kronor in 1980 kr17,993.25 kronor today
kr10,000 kronor in 1980 kr35,986.5 kronor today
kr50,000 kronor in 1980 kr179,932.51 kronor today
kr100,000 kronor in 1980 kr359,865.01 kronor today
kr500,000 kronor in 1980 kr1,799,325.07 kronor today
kr1,000,000 kronor in 1980 kr3,598,650.14 kronor today

Value of Krona in time (by year)

Period Value
1980 100
1981 114.13
1982 124.55
1983 136.56
1984 149.13
1985 161.3
1986 170.37
1987 176.03
1988 185.05
1989 196.13
1990 209.11
1991 231.9
1992 250.26
1993 254.91
1994 265.3
1995 271.85
1996 277.58
1997 277.06
1998 281.63
1999 278.21
2000 281.86
2001 284.62
2002 292.19
2003 298.27
2004 302.07
2005 302.91
2006 305.59
2007 310.59
2008 321.31
2009 324.21
2010 326.07
2011 333.7
2012 341.33
2013 341.15
2014 341.61
2015 340.54
2016 340.71
2017 346.64
2018 352.66
Today 359.87