kr

Value of 1992 Swedish Kronor today

kr100 in 1992
kr178.49 in 2024

The inflation rate in Sweden between 1992 and today has been 78.49%, which translates into a total increase of kr78.49. This means that 100 kronor in 1992 are equivalent to 178.49 kronor in 2024. In other words, the purchasing power of kr100 in 1992 equals kr178.49 today. The average annual inflation rate between these periods has been 1.83%.

Inflation timeline in Sweden (1992 - 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 1992-2023 73.58%
Cumulative inflation 1992-today 78.49%
Avg. Annual inflation 1992-2023 1.79%
CPI 1992 74.22
CPI 2023 128.84
CPI 2024-03 (latest official data) 132.21
CPI today 132.49

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 1992 and 2023, use the corresponding CPI values:

Value2023
=Value1992 ×
CPI2023/CPI1992
=kr 100 ×
128.84/74.22
kr173.58

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 132.49:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=kr 100 ×
132.49/74.22
kr178.49

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 31 years between 1992 and 2023 and the average inflation rate was 1.7948%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=kr100 × (1 + 0.017948)31
kr173.58

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1992 kr1.74 kronor in 2023
kr5 kronor in 1992 kr8.68 kronor in 2023
kr10 kronor in 1992 kr17.36 kronor in 2023
kr50 kronor in 1992 kr86.79 kronor in 2023
kr100 kronor in 1992 kr173.58 kronor in 2023
kr500 kronor in 1992 kr867.89 kronor in 2023
kr1,000 kronor in 1992 kr1,735.79 kronor in 2023
kr5,000 kronor in 1992 kr8,678.94 kronor in 2023
kr10,000 kronor in 1992 kr17,357.87 kronor in 2023
kr50,000 kronor in 1992 kr86,789.36 kronor in 2023
kr100,000 kronor in 1992 kr173,578.73 kronor in 2023
kr500,000 kronor in 1992 kr867,893.63 kronor in 2023
kr1,000,000 kronor in 1992 kr1,735,787.26 kronor in 2023
Cumulative inflation From 1992 78.49%
Avg. annual inflation From 1992 1.83%
CPI 1992 74.22
CPI today 132.49

Value of Krona over time (by year)

Period Value
1992 100
1993 104.73
1994 106.99
1995 109.62
1996 110.2
1997 110.93
1998 110.63
1999 111.14
2000 112.14
2001 114.84
2002 117.32
2003 119.58
2004 120.02
2005 120.57
2006 122.21
2007 124.91
2008 129.2
2009 128.56
2010 130.05
2011 133.9
2012 135.09
2013 135.03
2014 134.79
2015 134.73
2016 136.05
2017 138.5
2018 141.2
2019 143.72
2020 144.43
2021 147.56
2022 159.91
2023 173.58
2024-03 178.12
Today 178.49

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 | 2023 |

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