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Inflation calculator - Swedish Krona

kr100 in 2012
kr118.37 in 2022

The inflation rate in Sweden between 2012 and 2022 was 18.37%, which translates into a total increase of kr18.37. This means that 100 kronor in 2012 are equivalent to 118.37 kronor in 2022. In other words, the purchasing power of kr100 in 2012 equals kr118.37 in 2022. The average annual inflation rate between these periods was 1.7%.

Inflation timeline in Sweden (2012 - 2022)

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.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation from 2012 to 2022 18.37%
Avg. Annual inflation from 2012 to 2022 1.7%
CPI 2012 100.27
CPI 2022 118.69

How to calculate the time value of money with inflation data?

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 2012 and 2022, use the corresponding CPI values:

Value2022
=Value2012 ×
CPI2022/CPI2012
=kr 100 ×
118.69/100.27
kr118.37

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 10 years between 2012 and 2022 and the average inflation rate was 1.7007%. Therefore, we can resolve the formula like this:

Value2022
=PV × (1 + i)n
=kr100 × (1 + 0.017007)10
kr118.37

Sweden inflation - Conversion table

Initial Value Equivalent value
kr1 krona in 2012 kr1.18 kronor in 2022
kr5 kronor in 2012 kr5.92 kronor in 2022
kr10 kronor in 2012 kr11.84 kronor in 2022
kr50 kronor in 2012 kr59.18 kronor in 2022
kr100 kronor in 2012 kr118.37 kronor in 2022
kr500 kronor in 2012 kr591.85 kronor in 2022
kr1,000 kronor in 2012 kr1,183.69 kronor in 2022
kr5,000 kronor in 2012 kr5,918.47 kronor in 2022
kr10,000 kronor in 2012 kr11,836.94 kronor in 2022
kr50,000 kronor in 2012 kr59,184.68 kronor in 2022
kr100,000 kronor in 2012 kr118,369.36 kronor in 2022
kr500,000 kronor in 2012 kr591,846.82 kronor in 2022
kr1,000,000 kronor in 2012 kr1,183,693.64 kronor in 2022
Cumulative inflation 2012-2022 18.37%
Avg. annual inflation 2012-2022 1.7%
CPI 2012 100.27
CPI 2022 118.69

Value of Krona over time (by year)

Period Value
2012 100
2013 99.96
2014 99.78
2015 99.73
2016 100.71
2017 102.52
2018 104.52
2019 106.39
2020 106.91
2021 109.23
2022 118.37

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 |

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