Result: kr13,331 in 1965 → kr168,411.02 in 2024
Value of kr13,331 from 1965 to 2024
Updated: April 10, 2025kr13,331 in 1965 is equivalent in purchasing power to about kr168,411.02 today, an increase of kr155,080.02 over 59 years. The krona had an average inflation rate of 4.39% per year between 1965 and today, producing a cumulative price increase of 1,163.30%.
This means that today's prices are 12.63 times as high as average prices since 1965, according to the OECD and the World Bank consumer price index for Sweden. A krona today only buys 7.916% of what it could buy back then.
The inflation rate in 1965 was 5.01%. The current inflation rate compared to the end of last year is now 3.71%. If this number holds, kr13,331 today will be equivalent in buying power to kr13,825.68 next year.
⌃
| Cumulative price change | 1,163.30% |
| Average inflation rate | 4.39% |
| Converted amount kr13,331 base | kr168,411.02 |
| Price difference kr13,331 base | kr155,080.02 |
| CPI in 1965 | 10.628 |
| CPI in 2024 | 134.268 |
| Inflation in 1965 | 5.01% |
| Inflation in 2024 | 3.71% |
| kr13,331 in 1965 | kr168,411.02 in 2024 |
Buying power of kr13,331 in 1965
This chart shows a calculation of buying power equivalence for kr13,331 in 1965 (price index tracking began in 1955).
For example, if you started with kr13,331, you would need to end with kr168,411.02 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When kr13,331 is equivalent to kr168,411.02 over time, that means that the "real value" of a single Swedish krona decreases over time. In other words, a krona will pay for fewer items at the store.
This effect explains how inflation erodes the value of a krona over time. By calculating the value in 1965 dollars, the chart below shows how kr13,331 is worth less over 59 years.
According to the OECD and the World Bank, each of these SEK amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1965 amounts in today's kronor, based on the 1,163.30% change in prices:
| Initial value | Equivalent value |
|---|---|
| kr1 krona in 1965 | kr12.63 kronor today |
| kr5 kronor in 1965 | kr63.17 kronor today |
| kr10 kronor in 1965 | kr126.33 kronor today |
| kr50 kronor in 1965 | kr631.65 kronor today |
| kr100 kronor in 1965 | kr1,263.30 kronor today |
| kr500 kronor in 1965 | kr6,316.52 kronor today |
| kr1,000 kronor in 1965 | kr12,633.04 kronor today |
| kr5,000 kronor in 1965 | kr63,165.19 kronor today |
| kr10,000 kronor in 1965 | kr126,330.38 kronor today |
| kr50,000 kronor in 1965 | kr631,651.88 kronor today |
| kr100,000 kronor in 1965 | kr1,263,303.76 kronor today |
| kr500,000 kronor in 1965 | kr6,316,518.82 kronor today |
| kr1,000,000 kronor in 1965 | kr12,633,037.64 kronor today |
How to calculate inflation rate for kr13,331 since 1965
Our calculations use the following inflation rate formula to calculate the change in value between 1965 and today:
CPI today CPI in 1965
×
1965 SEK value
=
Today's value
Then plug in historical CPI values. The Swedish CPI was 10.62833 in the year 1965 and 134.26809289859867 in 2024:
134.2680928985986710.62833
×
kr13,331
=
kr168,411.02
kr13,331 in 1965 has the same "purchasing power" or "buying power" as kr168,411.02 in 2024.
To get the total inflation rate for the 59 years between 1965 and 2024, we use the following formula:
CPI in 2024 - CPI in 1965CPI in 1965
×
100
=
Cumulative inflation rate (59 years)
Plugging in the values to this equation, we get:
134.26809289859867 - 10.6283310.62833
×
100
=
1,163%
Data source & citation
You may use the following MLA citation for this page: “kr13,331 in 1965 → 2024 | Sweden Inflation Calculator.” Official Inflation Data, Alioth Finance, 1 Jun. 2025, https://www.officialdata.org/sweden/inflation/1965?amount=13331..
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 1,163.30% |
| Average inflation rate | 4.39% |
| Converted amount kr13,331 base | kr168,411.02 |
| Price difference kr13,331 base | kr155,080.02 |
| CPI in 1965 | 10.628 |
| CPI in 2024 | 134.268 |
| Inflation in 1965 | 5.01% |
| Inflation in 2024 | 3.71% |
| kr13,331 in 1965 | kr168,411.02 in 2024 |
