Value of 1995 Swedish Kronor today

kr100 in 1995

kr132.38 today

The inflation rate in Sweden between 1995 and today has been 32.38%, which translates into a total increase of kr32.38. This means that 100 kronor in 1995 are equivalent to 132.38 kronor in 2018. In other words, the purchasing power of kr100 in 1995 equals kr132.38 today. The average annual inflation rate has been 1.18%.

Inflation timeline in Sweden (1995-2019)

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 (1995-2018) 29.73%
Total Inflation* 32.38%
Annual inflation avg. (1995-2018) 1.14%
Annual inflation avg.* 1.18%
CPI 1995 80.01
CPI 2018 103.79
CPI today* 105.91
kr1 in 1995 kr1.3 in 2018

* 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 23 years between 1995 and 2018 and the average inflation rate has been 1.1756%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = kr100 * (1 + 0.01)23 = kr129.73

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 1995 was 80.01 and the CPI today is 105.91. Therefore,

Final value = Initial value *
CPI final/CPI initial
= kr100 *
= kr129.73

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 1995 kr1.32 kronor today
kr5 kronor in 1995 kr6.62 kronor today
kr10 kronor in 1995 kr13.24 kronor today
kr50 kronor in 1995 kr66.19 kronor today
kr100 kronor in 1995 kr132.38 kronor today
kr500 kronor in 1995 kr661.89 kronor today
kr1,000 kronor in 1995 kr1,323.79 kronor today
kr5,000 kronor in 1995 kr6,618.93 kronor today
kr10,000 kronor in 1995 kr13,237.85 kronor today
kr50,000 kronor in 1995 kr66,189.25 kronor today
kr100,000 kronor in 1995 kr132,378.5 kronor today
kr500,000 kronor in 1995 kr661,892.51 kronor today
kr1,000,000 kronor in 1995 kr1,323,785.02 kronor today

Value of Krona in time (by year)

Period Value
1995 100
1996 102.11
1997 101.92
1998 103.6
1999 102.34
2000 103.69
2001 104.7
2002 107.48
2003 109.72
2004 111.12
2005 111.43
2006 112.41
2007 114.25
2008 118.2
2009 119.26
2010 119.95
2011 122.75
2012 125.56
2013 125.49
2014 125.66
2015 125.27
2016 125.33
2017 127.52
2018 129.73
Today 132.38