Denmark Inflation Calculator

kr

Result: kr100 in 1995 → kr173.21 in 2024


Value of kr100 from 1995 to 2024

Updated: April 10, 2024

kr100 in 1995 is equivalent in purchasing power to about kr173.21 today, an increase of kr73.21 over 29 years. The krone had an average inflation rate of 1.91% per year between 1995 and today, producing a cumulative price increase of 73.21%.

This means that today's prices are 1.73 times as high as average prices since 1995, according to the OECD and the World Bank consumer price index for Denmark. A krone today only buys 57.733% of what it could buy back then.

The inflation rate in 1995 was 2.08%. The current inflation rate compared to the end of last year is now 1.56%. If this number holds, kr100 today will be equivalent in buying power to kr101.56 next year.


Inflation from 1995 to 2024
Cumulative price change73.21%
Average inflation rate1.91%
Converted amount
kr100 base
kr173.21
Price difference
kr100 base
kr73.21
CPI in 199568.014
CPI in 2024117.806
Inflation in 19952.08%
Inflation in 20241.56%
kr100 in 1995kr173.21 in 2024

DKK inflation since 1995
Annual Rate, the OECD and the World Bank CPI
Download

Buying power of kr100 in 1995

This chart shows a calculation of buying power equivalence for kr100 in 1995 (price index tracking began in 1959).

For example, if you started with kr100, you would need to end with kr173.21 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When kr100 is equivalent to kr173.21 over time, that means that the "real value" of a single Danish krone decreases over time. In other words, a krone will pay for fewer items at the store.

This effect explains how inflation erodes the value of a krone over time. By calculating the value in 1995 dollars, the chart below shows how kr100 is worth less over 29 years.

According to the OECD and the World Bank, each of these DKK amounts below is equal in terms of what it could buy at the time:

Krone inflation: 1995-2024
YearKrone ValueInflation Rate
1995kr100.002.08%
1996kr102.132.13%
1997kr104.352.18%
1998kr106.281.85%
1999kr108.942.50%
2000kr112.102.90%
2001kr114.722.34%
2002kr117.502.42%
2003kr119.942.08%
2004kr121.321.15%
2005kr123.531.82%
2006kr125.911.92%
2007kr128.041.69%
2008kr132.413.42%
2009kr134.141.30%
2010kr137.242.31%
2011kr141.022.76%
2012kr144.412.40%
2013kr145.550.79%
2014kr146.370.56%
2015kr147.030.45%
2016kr147.400.25%
2017kr149.091.15%
2018kr150.300.81%
2019kr151.440.76%
2020kr152.080.42%
2021kr154.891.85%
2022kr166.827.70%
2023kr173.303.89%
2024kr173.21-0.05%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 23 more rows

This conversion table shows various other 1995 amounts in today's kroner, based on the 73.21% change in prices:

Conversion: 1995 kroner today
Initial valueEquivalent value
kr1 krone in 1995kr1.73 kroner today
kr5 kroner in 1995kr8.66 kroner today
kr10 kroner in 1995kr17.32 kroner today
kr50 kroner in 1995kr86.60 kroner today
kr100 kroner in 1995kr173.21 kroner today
kr500 kroner in 1995kr866.04 kroner today
kr1,000 kroner in 1995kr1,732.08 kroner today
kr5,000 kroner in 1995kr8,660.42 kroner today
kr10,000 kroner in 1995kr17,320.85 kroner today
kr50,000 kroner in 1995kr86,604.23 kroner today
kr100,000 kroner in 1995kr173,208.46 kroner today
kr500,000 kroner in 1995kr866,042.32 kroner today
kr1,000,000 kroner in 1995kr1,732,084.65 kroner today

How to calculate inflation rate for kr100 since 1995

Our calculations use the following inflation rate formula to calculate the change in value between 1995 and today:

CPI today CPI in 1995
×
1995 DKK value
=
Today's value

Then plug in historical CPI values. The Danish CPI was 68.01402 in the year 1995 and 117.80603968938739 in 2024:

117.8060396893873968.01402
×
kr100
=
kr173.21

kr100 in 1995 has the same "purchasing power" or "buying power" as kr173.21 in 2024.

To get the total inflation rate for the 29 years between 1995 and 2024, we use the following formula:

CPI in 2024 - CPI in 1995CPI in 1995
×
100
=
Cumulative inflation rate (29 years)

Plugging in the values to this equation, we get:

117.80603968938739 - 68.0140268.01402
×
100
=
73%

Data source & citation

You may use the following MLA citation for this page: “kr100 in 1995 → 2024 | Denmark Inflation Calculator.” Official Inflation Data, Alioth Finance, 25 Apr. 2024, https://www.officialdata.org/denmark/inflation/1995?amount=100.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

Email · LinkedIn · Twitter


» Read more about inflation and investment.

Inflation from 1995 to 2024
Cumulative price change73.21%
Average inflation rate1.91%
Converted amount
kr100 base
kr173.21
Price difference
kr100 base
kr73.21
CPI in 199568.014
CPI in 2024117.806
Inflation in 19952.08%
Inflation in 20241.56%
kr100 in 1995kr173.21 in 2024