kr 1,000 in 2005 is worth kr 2,810 today
Iceland prices rose 180.99% between 2005 and 2026 — an average of 5.04% a year over 21 years.
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kr 1,000 in 2005 is worth kr 2,810 in 2026
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Inflation analysis
Icelandic Krona amounts from 2005, in 2026 money
| In 2005 | In 2026 |
|---|---|
| kr 10 | kr 28.10 |
| kr 20 | kr 56.20 |
| kr 50 | kr 140.49 |
| kr 100 | kr 280.99 |
| kr 200 | kr 561.97 |
| kr 500 | kr 1,405 |
| kr 1,000 | kr 2,810 |
| kr 2,000 | kr 5,620 |
| kr 5,000 | kr 14,049 |
| kr 10,000 | kr 28,099 |
| kr 20,000 | kr 56,197 |
| kr 50,000 | kr 140,493 |
| kr 100,000 | kr 280,987 |
| kr 500,000 | kr 1,404,934 |
| kr 1,000,000 | kr 2,809,867 |
| kr 10,000,000 | kr 28,098,670 |
| kr 100,000,000 | kr 280,986,703 |
2005 to any later year
Between 2005 and 2024, cumulative inflation in Iceland was 157.58%, so kr 1,000 in 2005 was worth kr 2,576 by 2024. From 2005 to 2026 it is 180.99%.
| Range | kr 1,000 in 2005 becomes | Cumulative inflation | Average per year |
|---|---|---|---|
| 2005 to 2010 | kr 1,491 | 49.10% | 8.32% |
| 2005 to 2020 | kr 1,978 | 97.82% | 4.65% |
| 2005 to 2024 | kr 2,576 | 157.58% | 5.11% |
| 2005 to 2025 | kr 2,681 | 168.12% | 5.05% |
| 2005 to 2026 | kr 2,810 | 180.99% | 5.04% |
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Year by year, 2005 to 2026
How kr 1,000 from 2005 changed in value each year, alongside Iceland's annual inflation rate.
| Year | CPI index | Inflation | kr 1,000 then, in 2026 |
|---|---|---|---|
| 2026 | 159.92 | 4.80% | kr 1,000 |
| 2025 | 152.59 | 4.09% | kr 1,048 |
| 2024 | 146.59 | 5.86% | kr 1,091 |
| 2023 | 138.48 | 8.74% | kr 1,155 |
| 2022 | 127.36 | 8.31% | kr 1,256 |
| 2021 | 117.59 | 4.44% | kr 1,360 |
| 2020 | 112.58 | 2.85% | kr 1,420 |
| 2019 | 109.47 | 3.01% | kr 1,461 |
| 2018 | 106.26 | 2.68% | kr 1,505 |
| 2017 | 103.49 | 1.76% | kr 1,545 |
| 2016 | 101.70 | 1.70% | kr 1,572 |
| 2015 | 100.00 | 1.63% | kr 1,599 |
| 2014 | 98.39 | 2.04% | kr 1,625 |
| 2013 | 96.42 | 3.87% | kr 1,659 |
| 2012 | 92.83 | 5.19% | kr 1,723 |
| 2011 | 88.25 | 4.00% | kr 1,812 |
| 2010 | 84.86 | 5.40% | kr 1,885 |
| 2009 | 80.51 | 12.00% | kr 1,986 |
| 2008 | 71.88 | 12.69% | kr 2,225 |
| 2007 | 63.79 | 5.05% | kr 2,507 |
| 2006 | 60.72 | 6.69% | kr 2,634 |
| 2005 | 56.91 | — | kr 2,810 |
Questions about 2005
- How much is kr 1,000 in 2005 worth today?
- kr 1,000 in 2005 has the same purchasing power as kr 2,810 in 2026, the most recent year of Iceland CPI data. Prices rose 180.99% in total over those 21 years.
- How much is kr 100,000 from 2005 worth today?
- kr 100,000 in 2005 is worth kr 280,987 in 2026 money, after 180.99% cumulative inflation in Iceland.
- What was the inflation rate in Iceland in 2005?
- Inflation in Iceland was 3.99% in 2005, measured as the change in the annual average consumer price index from 2004.
- What is the average inflation rate since 2005?
- Iceland inflation has averaged 5.04% a year between 2005 and 2026. Compounded over 21 years that produces a total price increase of 180.99%.
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