Value of 1989 Swedish Kronor today

kr100 in 1989

kr183.76 in 2019

The inflation rate in Sweden between 1989 and today has been 83.76%, which translates into a total increase of kr83.76. This means that 100 kronor in 1989 are equivalent to 183.76 kronor in 2019. In other words, the purchasing power of kr100 in 1989 equals kr183.76 today. The average annual inflation rate has been 1.98%.

Inflation timeline in Sweden (1989-2019)

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 (1989-2019) 83.49%
Total Inflation* 83.76%
Annual inflation avg. (1989-2019) 2.04%
Annual inflation avg.* 1.98%
CPI 1989 57.72
CPI 2019 105.91
CPI today* 106.07
kr1 in 1989 kr1.83 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 30 years between 1989 and 2019 and the average inflation rate has been 1.9821%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.02)30 = kr183.49

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 1989 was 57.72 and the CPI today is 106.07. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
105.91/57.72
= kr183.49

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1989 kr1.84 kronor today
kr5 kronor in 1989 kr9.19 kronor today
kr10 kronor in 1989 kr18.38 kronor today
kr50 kronor in 1989 kr91.88 kronor today
kr100 kronor in 1989 kr183.76 kronor today
kr500 kronor in 1989 kr918.78 kronor today
kr1,000 kronor in 1989 kr1,837.56 kronor today
kr5,000 kronor in 1989 kr9,187.79 kronor today
kr10,000 kronor in 1989 kr18,375.59 kronor today
kr50,000 kronor in 1989 kr91,877.94 kronor today
kr100,000 kronor in 1989 kr183,755.88 kronor today
kr500,000 kronor in 1989 kr918,779.4 kronor today
kr1,000,000 kronor in 1989 kr1,837,558.8 kronor today

Value of Krona in time (by year)

Period Value
1989 100
1990 106.62
1991 118.24
1992 127.6
1993 129.97
1994 135.27
1995 138.61
1996 141.53
1997 141.27
1998 143.59
1999 141.85
2000 143.72
2001 145.12
2002 148.98
2003 152.08
2004 154.02
2005 154.45
2006 155.81
2007 158.36
2008 163.83
2009 165.31
2010 166.26
2011 170.14
2012 174.04
2013 173.94
2014 174.18
2015 173.63
2016 173.72
2017 176.75
2018 179.81
2019 183.49
Today 183.76