When using the CPI/RPI, the (average) value in 1890 of £1 from 1880 is $4.28. The range of values is from $4.15 to $4.40. This answer is better if the subject is a consumer good or something else of interest to an individual.
When using the GDP deflator, the (average) value in 1890 of £1 from 1880 is $4.41. The range of values is from $4.19 to $4.80. This answer is better if the subject is a capital investment or government expenditure
| Value in 1890 of £1 from 1880 | |||
|---|---|---|---|
| Converted in | Converted using | Average dollar price per pound that year | |
| CPI / RPI | GDP Deflator | ||
| 1880 | $4.31 | $4.24 | 4.845 |
| 1881 | $4.24 | $4.19 | 4.830 |
| 1882 | $4.28 | $4.28 | 4.870 |
| 1883 | $4.35 | $4.24 | 4.849 |
| 1884 | $4.30 | $4.31 | 4.854 |
| 1885 | $4.24 | $4.35 | 4.856 |
| 1886 | $4.30 | $4.48 | 4.861 |
| 1887 | $4.15 | $4.44 | 4.852 |
| 1888 | $4.16 | $4.47 | 4.870 |
| 1889 | $4.34 | $4.71 | 4.869 |
| 1890 | $4.40 | $4.80 | 4.861 |
| Average | $4.28 | $4.41 | |
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Lawrence H. Officer and Samuel H. Williamson, "Computing 'Real Value' Over Time With a Conversion Between U.K. Pounds and U.S. Dollars, 1791 to Present", MeasuringWorth, URL http://www.measuringworth.com/exchange/
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