kr

Value of 1986 Swedish Kronor today

kr100 in 1986
kr249.5 in 2023

The inflation rate in Sweden between 1986 and today has been 149.5%, which translates into a total increase of kr149.5. This means that 100 kronor in 1986 are equivalent to 249.5 kronor in 2023. In other words, the purchasing power of kr100 in 1986 equals kr249.5 today. The average annual inflation rate between these periods has been 2.5%.

Inflation timeline in Sweden (1986 - 2023)

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 1986-2022 132.07%
Cumulative inflation 1986-today 149.5%
Avg. Annual inflation 1986-2022 2.37%
CPI 1986 51.14
CPI 2022 118.69
CPI 2022-12 (latest official data) 126.37
CPI today 127.6

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 1986 and 2022, use the corresponding CPI values:

Value2022
=Value1986 ×
CPI2022/CPI1986
=kr 100 ×
118.69/51.14
kr232.07

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 127.6:

Valuetoday
=Value1986 ×
CPItoday/CPI1986
=kr 100 ×
127.6/51.14
kr249.5

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 36 years between 1986 and 2022 and the average inflation rate was 2.3661%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=kr100 × (1 + 0.023661)36
kr232.07

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1986 kr2.32 kronor in 2022
kr5 kronor in 1986 kr11.6 kronor in 2022
kr10 kronor in 1986 kr23.21 kronor in 2022
kr50 kronor in 1986 kr116.04 kronor in 2022
kr100 kronor in 1986 kr232.07 kronor in 2022
kr500 kronor in 1986 kr1,160.36 kronor in 2022
kr1,000 kronor in 1986 kr2,320.71 kronor in 2022
kr5,000 kronor in 1986 kr11,603.57 kronor in 2022
kr10,000 kronor in 1986 kr23,207.13 kronor in 2022
kr50,000 kronor in 1986 kr116,035.67 kronor in 2022
kr100,000 kronor in 1986 kr232,071.35 kronor in 2022
kr500,000 kronor in 1986 kr1,160,356.73 kronor in 2022
kr1,000,000 kronor in 1986 kr2,320,713.47 kronor in 2022
Cumulative inflation From 1986 149.5%
Avg. annual inflation From 1986 2.5%
CPI 1986 51.14
CPI today 127.6

Value of Krona over time (by year)

Period Value
1986 100
1987 104.19
1988 110.26
1989 117.36
1990 129.53
1991 141.76
1992 145.13
1993 151.99
1994 155.27
1995 159.08
1996 159.93
1997 160.98
1998 160.55
1999 161.29
2000 162.74
2001 166.66
2002 170.26
2003 173.54
2004 174.18
2005 174.97
2006 177.35
2007 181.28
2008 187.51
2009 186.58
2010 188.74
2011 194.33
2012 196.06
2013 195.97
2014 195.62
2015 195.53
2016 197.45
2017 200.99
2018 204.92
2019 208.58
2020 209.61
2021 214.15
2022 232.07
2022-12 247.08
Today 249.5

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 | 2022 |

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