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Value of 1980 Swedish Kronor today

kr100 in 1980
kr367.95 in 2022

The inflation rate in Sweden between 1980 and today has been 267.95%, which translates into a total increase of kr267.95. This means that 100 kronor in 1980 are equivalent to 367.95 kronor in 2022. In other words, the purchasing power of kr100 in 1980 equals kr367.95 today. The average annual inflation rate between these periods has been 3.15%.

Inflation timeline in Sweden (1980 - 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 1980-2021 243.21%
Cumulative inflation 1980-today 267.95%
Avg. Annual inflation 1980-2021 3.05%
CPI 1980 31.91
CPI 2021 109.52
CPI 2022-05 (latest official data) 116.75
CPI today 117.42

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 1980 and 2021, use the corresponding CPI values:

Value2021
=Value1980 ×
CPI2021/CPI1980
=kr 100 ×
109.52/31.91
kr343.21

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 117.42:

Valuetoday
=Value1980 ×
CPItoday/CPI1980
=kr 100 ×
117.42/31.91
kr367.95

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 41 years between 1980 and 2021 and the average inflation rate was 3.0534%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=kr100 × (1 + 0.030534)41
kr343.21

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1980 kr3.43 kronor in 2021
kr5 kronor in 1980 kr17.16 kronor in 2021
kr10 kronor in 1980 kr34.32 kronor in 2021
kr50 kronor in 1980 kr171.6 kronor in 2021
kr100 kronor in 1980 kr343.21 kronor in 2021
kr500 kronor in 1980 kr1,716.03 kronor in 2021
kr1,000 kronor in 1980 kr3,432.06 kronor in 2021
kr5,000 kronor in 1980 kr17,160.32 kronor in 2021
kr10,000 kronor in 1980 kr34,320.63 kronor in 2021
kr50,000 kronor in 1980 kr171,603.15 kronor in 2021
kr100,000 kronor in 1980 kr343,206.31 kronor in 2021
kr500,000 kronor in 1980 kr1,716,031.54 kronor in 2021
kr1,000,000 kronor in 1980 kr3,432,063.08 kronor in 2021
Cumulative inflation From 1980 267.95%
Avg. annual inflation From 1980 3.15%
CPI 1980 31.91
CPI today 117.42

Value of Krona over time (by year)

Period Value
1980 100
1981 112.1
1982 121.73
1983 132.53
1984 143.2
1985 153.75
1986 160.27
1987 166.98
1988 176.7
1989 188.09
1990 207.59
1991 227.19
1992 232.59
1993 243.59
1994 248.84
1995 254.95
1996 256.31
1997 258
1998 257.31
1999 258.5
2000 260.82
2001 267.1
2002 272.86
2003 278.12
2004 279.16
2005 280.42
2006 284.24
2007 290.53
2008 300.51
2009 299.02
2010 302.49
2011 311.44
2012 314.21
2013 314.07
2014 313.51
2015 313.36
2016 316.45
2017 322.12
2018 328.42
2019 334.28
2020 335.94
2021 343.21
2022-05 365.84
Today 367.95

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 |

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