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Value of 2007 Swedish Kronor today

kr100 in 2007
kr137.73 in 2023

The inflation rate in Sweden between 2007 and today has been 37.73%, which translates into a total increase of kr37.73. This means that 100 kronor in 2007 are equivalent to 137.73 kronor in 2023. In other words, the purchasing power of kr100 in 2007 equals kr137.73 today. The average annual inflation rate between these periods has been 2.02%.

Inflation timeline in Sweden (2007 - 2023)

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 2007-2022 28.02%
Cumulative inflation 2007-today 37.73%
Avg. Annual inflation 2007-2022 1.66%
CPI 2007 92.71
CPI 2022 118.69
CPI 2022-12 (latest official data) 126.37
CPI today 127.69

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 2007 and 2022, use the corresponding CPI values:

Value2022
=Value2007 ×
CPI2022/CPI2007
=kr 100 ×
118.69/92.71
kr128.02

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 127.69:

Valuetoday
=Value2007 ×
CPItoday/CPI2007
=kr 100 ×
127.69/92.71
kr137.73

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 15 years between 2007 and 2022 and the average inflation rate was 1.6604%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=kr100 × (1 + 0.016604)15
kr128.02

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 2007 kr1.28 kronor in 2022
kr5 kronor in 2007 kr6.4 kronor in 2022
kr10 kronor in 2007 kr12.8 kronor in 2022
kr50 kronor in 2007 kr64.01 kronor in 2022
kr100 kronor in 2007 kr128.02 kronor in 2022
kr500 kronor in 2007 kr640.1 kronor in 2022
kr1,000 kronor in 2007 kr1,280.2 kronor in 2022
kr5,000 kronor in 2007 kr6,401 kronor in 2022
kr10,000 kronor in 2007 kr12,801.99 kronor in 2022
kr50,000 kronor in 2007 kr64,009.96 kronor in 2022
kr100,000 kronor in 2007 kr128,019.93 kronor in 2022
kr500,000 kronor in 2007 kr640,099.63 kronor in 2022
kr1,000,000 kronor in 2007 kr1,280,199.27 kronor in 2022
Cumulative inflation From 2007 37.73%
Avg. annual inflation From 2007 2.02%
CPI 2007 92.71
CPI today 127.69

Value of Krona over time (by year)

Period Value
2007 100
2008 103.44
2009 102.93
2010 104.12
2011 107.2
2012 108.15
2013 108.11
2014 107.91
2015 107.86
2016 108.92
2017 110.88
2018 113.04
2019 115.06
2020 115.63
2021 118.13
2022 128.02
2022-12 136.3
Today 137.73

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 |

Other currencies: