### Computing 'Real Value' Over Time With a Conversion Between U.K. Pounds and U.S. Dollars, 1774 to Present

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When using the CPI/RPI, the (average) value in 2011 of £6 from 1864 is \$669.54. The range of values is from \$450.50 to \$923.53. 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 2011 of £6 from 1864 is \$587.85. The range of values is from \$397.79 to \$999.46. This answer is better if the subject is a capital investment or government expenditure

Value in 2011 of £6 from 1864
Converted inConverted usingAverage dollar price
per pound that year
CPI / RPIGDP Deflator
1864\$883.86\$715.849.974
1865\$676.12\$524.447.692
1866\$640.08\$500.396.877
1867\$705.55\$529.026.751
1868\$730.80\$553.896.828
1869\$705.02\$560.906.483
1870\$612.65\$500.135.588
1871\$657.22\$531.585.460
1872\$683.50\$554.475.445
1873\$716.16\$601.935.547
1874\$701.72\$591.805.420
1875\$740.06\$610.855.590
1876\$736.31\$600.615.423
1877\$705.11\$559.495.077
1878\$691.39\$554.864.890
1879\$655.13\$539.904.854
1880\$651.74\$527.094.845
1881\$641.15\$521.584.830
1882\$647.47\$532.524.870
1883\$657.96\$529.664.849
1884\$649.77\$534.084.854
1885\$640.11\$539.294.856
1886\$649.30\$561.404.861
1887\$628.00\$556.884.852
1888\$629.23\$560.404.870
1889\$655.35\$588.824.869
1890\$664.54\$598.584.861
1891\$669.67\$574.824.861
1892\$674.19\$570.544.873
1893\$667.38\$574.994.864
1894\$681.50\$604.764.877
1895\$689.87\$606.004.888
1896\$686.23\$592.054.871
1897\$707.40\$597.454.863
1898\$718.32\$596.074.848
1899\$713.18\$604.474.864
1900\$733.02\$611.074.865
1901\$722.87\$589.654.873
1902\$714.05\$568.114.872
1903\$704.53\$541.564.863
1904\$694.74\$517.754.868
1905\$704.82\$518.744.865
1906\$686.32\$504.294.851
1907\$668.93\$484.154.858
1908\$693.34\$481.264.866
1909\$703.35\$478.534.873
1910\$686.53\$474.584.864
1911\$687.89\$481.174.862
1912\$693.83\$471.864.866
1913\$683.99\$468.784.869
1914\$703.51\$465.934.930
1915\$808.78\$496.684.757
1916\$876.68\$506.614.766
1917\$879.99\$510.344.764
1918\$861.91\$508.604.765
1919\$738.77\$538.614.426
1920\$604.03\$454.483.664
1921\$643.18\$509.103.849
1922\$641.81\$535.164.429
1923\$623.58\$497.814.575
1924\$600.99\$476.904.417
1925\$640.93\$512.254.829
1926\$627.51\$510.274.858
1927\$622.15\$512.314.861
1928\$625.64\$506.344.866
1929\$618.91\$498.844.857
1930\$611.09\$515.544.862
1931\$581.55\$524.654.535
1932\$490.64\$449.503.506
1933\$611.10\$551.744.237
1934\$703.43\$615.315.039
1935\$682.51\$589.474.902
1936\$700.47\$597.574.971
1937\$708.04\$589.584.944
1938\$721.13\$612.964.889
1939\$683.41\$579.234.435
1940\$663.40\$545.803.830
1941\$733.48\$595.874.032
1942\$704.83\$594.804.035
1943\$688.23\$595.874.035
1944\$690.74\$614.734.035
1945\$688.45\$609.104.030
1946\$660.30\$556.864.033
1947\$611.69\$549.174.029
1948\$610.91\$554.234.031
1949\$580.64\$522.603.687
1950\$450.50\$397.792.801
1951\$455.33\$402.452.800
1952\$485.17\$421.992.793
1953\$499.79\$425.912.813
1954\$506.51\$426.372.809
1955\$527.14\$435.962.791
1956\$546.93\$451.652.796
1957\$546.11\$453.972.793
1958\$551.90\$463.762.810
1959\$549.46\$460.712.809
1960\$546.32\$458.652.808
1961\$558.30\$469.082.802
1962\$577.22\$480.602.808
1963\$579.50\$480.582.800
1964\$589.21\$488.512.792
1965\$607.19\$508.902.796
1966\$612.97\$519.732.793
1967\$601.97\$512.382.750
1968\$526.39\$444.882.394
1969\$525.49\$450.952.390
1970\$529.23\$470.002.396
1971\$566.41\$493.992.444
1972\$601.08\$521.592.501
1973\$605.06\$527.292.451
1974\$604.02\$536.372.340
1975\$652.89\$587.512.222
1976\$584.47\$522.721.805
1977\$614.94\$541.431.745
1978\$680.24\$621.541.918
1979\$766.98\$727.052.122
1980\$873.80\$878.362.326
1981\$770.64\$784.782.024
1982\$681.13\$688.341.748
1983\$598.60\$606.031.516
1984\$531.29\$542.621.337
1985\$527.95\$538.781.297
1986\$606.61\$624.261.468
1987\$681.09\$716.091.640
1988\$745.07\$795.421.781
1989\$704.60\$758.381.638
1990\$796.95\$860.001.784
1991\$801.94\$877.981.767
1992\$807.16\$883.521.766
1993\$677.17\$752.731.502
1994\$689.70\$760.571.532
1995\$715.22\$786.251.579
1996\$703.37\$794.451.561
1997\$744.15\$835.701.638
1998\$766.64\$846.261.657
1999\$743.25\$820.421.617
2000\$694.10\$767.261.516
2001\$652.42\$719.091.440
2002\$681.09\$754.951.502
2003\$745.84\$825.101.635
2004\$838.73\$922.191.833
2005\$828.42\$910.861.820
2006\$837.09\$919.611.840
2007\$923.53\$999.462.002
2008\$856.61\$933.671.855
2009\$722.24\$794.531.566
2010\$733.42\$786.381.545
2011\$776.95\$816.351.605
Average\$669.54\$587.85

Another Computation?

##### Citation

Lawrence H. Officer and Samuel H. Williamson, "Computing 'Real Value' Over Time With a Conversion Between U.K. Pounds and U.S. Dollars, 1774 to Present", MeasuringWorth, URL http://www.measuringworth.com/exchange/