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DKK Value Calculator: Denmark

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According to World Bank CPI data (FP.CPI.TOTL), kr1,000 in Denmark in 1960 had the same purchasing power as kr15,437.40 in 2024 — a cumulative inflation of 1,443.7% (4.37%/year average).

kr1,000 in 1960
is equivalent to in 2024
kr15,437.40
📉 Purchasing Power Lost: -93.5%
Period
1960 → 2024
(64 years)
Total Inflation
+1,443.7%
Annual Rate
4.37%
average per year

Value Over Time

Year-by-Year Historical Data

Year-by-year CPI and inflation-adjusted value for 1,000 DKK in Denmark, 1960–2024
Year CPI Equivalent Value Annual Change
1960 8.25 kr1,000.00 -
1961 8.53 kr1,034.52 +3.5%
1962 9.16 kr1,110.84 +7.4%
1963 9.72 kr1,178.66 +6.1%
1964 10.02 kr1,215.11 +3.1%
1965 10.57 kr1,281.34 +5.4%
1966 11.31 kr1,371.86 +7.1%
1967 12.24 kr1,484.46 +8.2%
1968 13.22 kr1,603.30 +8.0%
1969 13.68 kr1,659.22 +3.5%
1970 14.57 kr1,767.31 +6.5%
1971 15.43 kr1,871.05 +5.9%
1972 16.44 kr1,993.84 +6.6%
1973 17.97 kr2,179.33 +9.3%
1974 20.72 kr2,512.23 +15.3%
1975 22.70 kr2,753.54 +9.6%
1976 24.75 kr3,001.65 +9.0%
1977 27.45 kr3,329.49 +10.9%
1978 30.26 kr3,669.55 +10.2%
1979 33.17 kr4,022.24 +9.6%
1980 37.25 kr4,517.19 +12.3%
1981 41.63 kr5,048.74 +11.8%
1982 45.84 kr5,559.72 +10.1%
1983 49.01 kr5,943.79 +6.9%
1984 52.09 kr6,317.71 +6.3%
1985 54.53 kr6,613.30 +4.7%
1986 56.54 kr6,856.54 +3.7%
1987 58.81 kr7,132.18 +4.0%
1988 61.48 kr7,455.63 +4.5%
1989 64.41 kr7,811.47 +4.8%
1990 66.11 kr8,017.82 +2.6%
1991 67.70 kr8,209.85 +2.4%
1992 69.11 kr8,381.94 +2.1%
1993 69.98 kr8,487.37 +1.3%
1994 71.38 kr8,656.44 +2.0%
1995 72.87 kr8,836.81 +2.1%
1996 74.42 kr9,024.70 +2.1%
1997 76.04 kr9,221.64 +2.2%
1998 77.44 kr9,391.84 +1.8%
1999 79.38 kr9,626.42 +2.5%
2000 81.68 kr9,905.91 +2.9%
2001 83.59 kr10,137.49 +2.3%
2002 85.62 kr10,383.27 +2.4%
2003 87.39 kr10,598.73 +2.1%
2004 88.40 kr10,721.08 +1.2%
2005 90.01 kr10,915.97 +1.8%
2006 91.74 kr11,126.02 +1.9%
2007 93.30 kr11,314.41 +1.7%
2008 96.48 kr11,700.94 +3.4%
2009 97.74 kr11,853.60 +1.3%
2010 100.00 kr12,127.53 +2.3%
2011 102.76 kr12,462.09 +2.8%
2012 105.22 kr12,760.92 +2.4%
2013 106.05 kr12,861.61 +0.8%
2014 106.65 kr12,934.16 +0.6%
2015 107.13 kr12,992.62 +0.5%
2016 107.40 kr13,025.10 +0.2%
2017 108.63 kr13,174.52 +1.1%
2018 109.52 kr13,281.71 +0.8%
2019 110.35 kr13,382.40 +0.8%
2020 110.81 kr13,438.70 +0.4%
2021 112.86 kr13,687.73 +1.9%
2022 121.55 kr14,741.21 +7.7%
2023 125.57 kr15,228.44 +3.3%
2024 127.29 kr15,437.40 +1.4%

Quick Reference Values

What 1960 amounts are worth in 2024 in Denmark:

Quick Reference Values
1960 2024
kr1 kr15.44
kr10 kr154.37
kr100 kr1,543.74
kr1,000 kr15,437.40
kr10,000 kr154,374.00

Inflation by Decade in Denmark

Inflation by Decade in Denmark
Decade Cumulative Inflation Annual Rate
1960–1969 +65.9% 5.79%
1970–1979 +127.6% 9.57%
1980–1989 +72.9% 6.27%
1990–1999 +20.1% 2.05%
2000–2009 +19.7% 2.01%
2010–2019 +10.4% 1.10%
2020–2024 +14.9% 3.53%

The steepest single-year rise in this period was 15.3% in 1974; the calmest was 0.3% in 2016.

This equals a compound annual rate of 4.37% — about 16 years to double prices at that pace.

  • In 1960, kr1,000 in Denmark had the same buying power as kr15,437.40 in 2024.
  • In 1970, kr1,000 in Denmark had the same buying power as kr8,734.96 in 2024.
  • In 1980, kr1,000 in Denmark had the same buying power as kr3,417.48 in 2024.
  • In 1990, kr1,000 in Denmark had the same buying power as kr1,925.39 in 2024.
  • In 2000, kr1,000 in Denmark had the same buying power as kr1,558.40 in 2024.
  • In 2010, kr1,000 in Denmark had the same buying power as kr1,272.92 in 2024.
  • In 2020, kr1,000 in Denmark had the same buying power as kr1,148.73 in 2024.

Frequently Asked Questions

How much is 1,000 DKK from 1960 worth in 2024?

kr1,000 from 1960 is worth about kr15,437.40 in 2024 in Denmark, after 1443.74% cumulative inflation.

What was the average annual inflation rate in Denmark between 1960 and 2024?

The average annual (compound) inflation rate was 4.37% over 64 years.

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