Value of 1992 Swedish Kronor today

kr100 in 1992

kr143.98 in 2019

The inflation rate in Sweden between 1992 and today has been 43.98%, which translates into a total increase of kr43.98. This means that 100 kronor in 1992 are equivalent to 143.98 kronor in 2019. In other words, the purchasing power of kr100 in 1992 equals kr143.98 today. The average annual inflation rate has been 1.31%.

Inflation timeline in Sweden (1992-2019)

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 (1992-2019) 43.8%
Total Inflation* 43.98%
Annual inflation avg. (1992-2019) 1.35%
Annual inflation avg.* 1.31%
CPI 1992 73.65
CPI 2019 105.91
CPI today* 106.04
kr1 in 1992 kr1.44 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 27 years between 1992 and 2019 and the average inflation rate has been 1.3102%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.01)27 = kr143.8

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 1992 was 73.65 and the CPI today is 106.04. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
105.91/73.65
= kr143.8

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1992 kr1.44 kronor today
kr5 kronor in 1992 kr7.2 kronor today
kr10 kronor in 1992 kr14.4 kronor today
kr50 kronor in 1992 kr71.99 kronor today
kr100 kronor in 1992 kr143.98 kronor today
kr500 kronor in 1992 kr719.88 kronor today
kr1,000 kronor in 1992 kr1,439.77 kronor today
kr5,000 kronor in 1992 kr7,198.84 kronor today
kr10,000 kronor in 1992 kr14,397.68 kronor today
kr50,000 kronor in 1992 kr71,988.38 kronor today
kr100,000 kronor in 1992 kr143,976.76 kronor today
kr500,000 kronor in 1992 kr719,883.81 kronor today
kr1,000,000 kronor in 1992 kr1,439,767.62 kronor today

Value of Krona in time (by year)

Period Value
1992 100
1993 101.86
1994 106.01
1995 108.63
1996 110.92
1997 110.71
1998 112.54
1999 111.17
2000 112.63
2001 113.73
2002 116.76
2003 119.19
2004 120.7
2005 121.04
2006 122.11
2007 124.11
2008 128.39
2009 129.55
2010 130.3
2011 133.34
2012 136.39
2013 136.32
2014 136.51
2015 136.08
2016 136.15
2017 138.52
2018 140.92
2019 143.8
Today 143.98