Value of 1990 Swedish Kronor today

kr100 in 1990

kr172.28 in 2019

The inflation rate in Sweden between 1990 and today has been 72.28%, which translates into a total increase of kr72.28. This means that 100 kronor in 1990 are equivalent to 172.28 kronor in 2019. In other words, the purchasing power of kr100 in 1990 equals kr172.28 today. The average annual inflation rate has been 1.83%.

Inflation timeline in Sweden (1990-2019)

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 (1990-2019) 72.1%
Total Inflation* 72.28%
Annual inflation avg. (1990-2019) 1.89%
Annual inflation avg.* 1.83%
CPI 1990 61.54
CPI 2019 105.91
CPI today* 106.03
kr1 in 1990 kr1.72 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 29 years between 1990 and 2019 and the average inflation rate has been 1.8297%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.02)29 = kr172.1

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 1990 was 61.54 and the CPI today is 106.03. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
105.91/61.54
= kr172.1

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1990 kr1.72 kronor today
kr5 kronor in 1990 kr8.61 kronor today
kr10 kronor in 1990 kr17.23 kronor today
kr50 kronor in 1990 kr86.14 kronor today
kr100 kronor in 1990 kr172.28 kronor today
kr500 kronor in 1990 kr861.41 kronor today
kr1,000 kronor in 1990 kr1,722.81 kronor today
kr5,000 kronor in 1990 kr8,614.07 kronor today
kr10,000 kronor in 1990 kr17,228.14 kronor today
kr50,000 kronor in 1990 kr86,140.72 kronor today
kr100,000 kronor in 1990 kr172,281.43 kronor today
kr500,000 kronor in 1990 kr861,407.17 kronor today
kr1,000,000 kronor in 1990 kr1,722,814.34 kronor today

Value of Krona in time (by year)

Period Value
1990 100
1991 110.9
1992 119.68
1993 121.9
1994 126.87
1995 130
1996 132.75
1997 132.5
1998 134.68
1999 133.05
2000 134.8
2001 136.11
2002 139.73
2003 142.64
2004 144.46
2005 144.86
2006 146.14
2007 148.53
2008 153.66
2009 155.05
2010 155.94
2011 159.58
2012 163.23
2013 163.15
2014 163.37
2015 162.86
2016 162.94
2017 165.77
2018 168.65
2019 172.1
Today 172.28