kr

Value of 1982 Swedish Kronor today

kr100 in 1982
kr340.62 in 2024

The inflation rate in Sweden between 1982 and today has been 240.62%, which translates into a total increase of kr240.62. This means that 100 kronor in 1982 are equivalent to 340.62 kronor in 2024. In other words, the purchasing power of kr100 in 1982 equals kr340.62 today. The average annual inflation rate between these periods has been 2.96%.

Inflation timeline in Sweden (1982 - 2024)

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 1982-2023 231.65%
Cumulative inflation 1982-today 240.62%
Avg. Annual inflation 1982-2023 2.97%
CPI 1982 38.85
CPI 2023 128.84
CPI 2024-08 (latest official data) 132.05
CPI today 132.32

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 1982 and 2023, use the corresponding CPI values:

Value2023
=Value1982 ×
CPI2023/CPI1982
=kr 100 ×
128.84/38.85
kr331.65

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 132.32:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=kr 100 ×
132.32/38.85
kr340.62

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 1982 and 2023 and the average inflation rate was 2.9673%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=kr100 × (1 + 0.029673)41
kr331.65

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1982 kr3.32 kronor in 2023
kr5 kronor in 1982 kr16.58 kronor in 2023
kr10 kronor in 1982 kr33.16 kronor in 2023
kr50 kronor in 1982 kr165.82 kronor in 2023
kr100 kronor in 1982 kr331.65 kronor in 2023
kr500 kronor in 1982 kr1,658.24 kronor in 2023
kr1,000 kronor in 1982 kr3,316.49 kronor in 2023
kr5,000 kronor in 1982 kr16,582.44 kronor in 2023
kr10,000 kronor in 1982 kr33,164.88 kronor in 2023
kr50,000 kronor in 1982 kr165,824.4 kronor in 2023
kr100,000 kronor in 1982 kr331,648.79 kronor in 2023
kr500,000 kronor in 1982 kr1,658,243.96 kronor in 2023
kr1,000,000 kronor in 1982 kr3,316,487.93 kronor in 2023
Cumulative inflation From 1982 240.62%
Avg. annual inflation From 1982 2.96%
CPI 1982 38.85
CPI today 132.32

Value of Krona over time (by year)

Period Value
1982 100
1983 108.87
1984 117.63
1985 126.3
1986 131.65
1987 137.17
1988 145.16
1989 154.51
1990 170.53
1991 186.63
1992 191.07
1993 200.1
1994 204.42
1995 209.44
1996 210.55
1997 211.94
1998 211.37
1999 212.35
2000 214.26
2001 219.41
2002 224.15
2003 228.47
2004 229.32
2005 230.36
2006 233.49
2007 238.66
2008 246.86
2009 245.64
2010 248.48
2011 255.84
2012 258.12
2013 258
2014 257.54
2015 257.42
2016 259.95
2017 264.62
2018 269.79
2019 274.6
2020 275.96
2021 281.93
2022 305.53
2023 331.65
2024-08 339.93
Today 340.62

All available years

Today's value of swedish kronor by year:

1955 | 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 | 2022 | 2023 |

Other currencies: