Five Ways to Compute the Relative Value of a U.K. Pound Amount, 1270 to Present
In 2008, the relative worth of £500 0s 0d from 1851 is:
|£41,000.00||using the retail price index|
|£54,900.00||using the GDP deflator|
|£343,000.00||using the average earnings|
|£532,000.00||using the per capita GDP|
|£1,190,000.00||using the share of GDP|
If you need help determining which result is most appropriate for you, see Choosing the Best Indicator to Measure Relative Worth.
Lawrence H. Officer and Samuel H. Williamson,
"Five Ways to Compute the Relative Value of a UK Pound Amount, 1270 to Present," MeasuringWorth, .
Please let us know if and how this discussion has assisted you in using our calculators.