kr

Value of 2000 Swedish Kronor today

kr100 in 2000
kr159.23 in 2024

The inflation rate in Sweden between 2000 and today has been 59.23%, which translates into a total increase of kr59.23. This means that 100 kronor in 2000 are equivalent to 159.23 kronor in 2024. In other words, the purchasing power of kr100 in 2000 equals kr159.23 today. The average annual inflation rate between these periods has been 1.96%.

Inflation timeline in Sweden (2000 - 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 2000-2023 54.79%
Cumulative inflation 2000-today 59.23%
Avg. Annual inflation 2000-2023 1.92%
CPI 2000 83.23
CPI 2023 128.84
CPI 2023-12 (latest official data) 131.91
CPI today 132.53

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 2000 and 2023, use the corresponding CPI values:

Value2023
=Value2000 ×
CPI2023/CPI2000
=kr 100 ×
128.84/83.23
kr154.79

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 132.53:

Valuetoday
=Value2000 ×
CPItoday/CPI2000
=kr 100 ×
132.53/83.23
kr159.23

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 23 years between 2000 and 2023 and the average inflation rate was 1.9177%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=kr100 × (1 + 0.019177)23
kr154.79

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 2000 kr1.55 kronor in 2023
kr5 kronor in 2000 kr7.74 kronor in 2023
kr10 kronor in 2000 kr15.48 kronor in 2023
kr50 kronor in 2000 kr77.39 kronor in 2023
kr100 kronor in 2000 kr154.79 kronor in 2023
kr500 kronor in 2000 kr773.94 kronor in 2023
kr1,000 kronor in 2000 kr1,547.88 kronor in 2023
kr5,000 kronor in 2000 kr7,739.42 kronor in 2023
kr10,000 kronor in 2000 kr15,478.85 kronor in 2023
kr50,000 kronor in 2000 kr77,394.23 kronor in 2023
kr100,000 kronor in 2000 kr154,788.45 kronor in 2023
kr500,000 kronor in 2000 kr773,942.27 kronor in 2023
kr1,000,000 kronor in 2000 kr1,547,884.53 kronor in 2023
Cumulative inflation From 2000 59.23%
Avg. annual inflation From 2000 1.96%
CPI 2000 83.23
CPI today 132.53

Value of Krona over time (by year)

Period Value
2000 100
2001 102.41
2002 104.62
2003 106.63
2004 107.03
2005 107.51
2006 108.98
2007 111.39
2008 115.22
2009 114.65
2010 115.97
2011 119.41
2012 120.47
2013 120.42
2014 120.2
2015 120.14
2016 121.33
2017 123.5
2018 125.92
2019 128.16
2020 128.8
2021 131.59
2022 142.6
2023 154.79
2023-12 158.48
Today 159.23

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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