When Nobel Prize was first awarded in 1901, the amount given with the prize was 1,50,782 Swedish kronor. The amount given in the years 1960 and 1990 was 2,25,987 Swedish kronor and 40,00,000 Swedish kronor, respectively. The Nobel Prize amount for 2024 is set at 11 million Swedish kronor (over ₹8.9 crore) per full Nobel Prize.