Computing 'Real Value' Over Time With a Conversion Between U.K. Pounds and U.S. Dollars, 1791 to Present

When using the CPI/RPI, the (average) value in 2020 of £65 from 1970 is $1391.70. The range of values is from $1035.25 to $1810.96. 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 2020 of £65 from 1970 is $1342.15. The range of values is from $813.24 to $1871.49. This answer is better if the subject is a capital investment or government expenditure


Value in 2020 of £65 from 1970
Converted inConverted usingAverage dollar price
per pound that year
CPI / RPIGDP Deflator
1970$1037.78$813.242.396
1971$1110.68$855.332.444
1972$1178.66$902.502.501
1973$1186.46$912.272.451
1974$1184.43$928.462.340
1975$1280.26$1016.822.222
1976$1146.08$904.501.805
1977$1205.85$937.961.745
1978$1333.89$1078.621.918
1979$1503.97$1263.502.122
1980$1713.43$1527.682.326
1981$1511.15$1368.742.024
1982$1335.63$1205.631.748
1983$1173.80$1065.121.516
1984$1041.80$956.991.337
1985$1035.25$951.611.297
1986$1189.51$1108.791.468
1987$1335.56$1278.631.640
1988$1461.02$1426.631.781
1989$1381.65$1367.201.638
1990$1562.73$1556.441.784
1991$1572.52$1596.661.767
1992$1582.77$1614.991.766
1993$1327.85$1384.211.502
1994$1352.43$1407.251.532
1995$1402.48$1461.541.579
1996$1379.24$1487.421.561
1997$1459.20$1536.571.638
1998$1503.31$1561.151.657
1999$1457.44$1523.871.617
2000$1360.71$1414.801.516
2001$1279.05$1337.511.440
2002$1335.90$1405.721.502
2003$1462.34$1537.241.635
2004$1644.53$1723.291.833
2005$1624.53$1709.821.820
2006$1644.41$1729.371.843
2007$1810.96$1871.492.002
2008$1679.72$1758.141.855
2009$1416.25$1503.201.566
2010$1438.17$1486.611.545
2011$1522.92$1544.371.604
2012$1521.53$1520.431.586
2013$1524.50$1506.451.564
2014$1618.34$1580.391.649
2015$1513.47$1463.131.529
2016$1343.47$1304.181.350
2017$1298.64$1242.761.287
2018$1357.89$1281.191.334
2019$1314.51$1236.521.282
2020$1317.83$1292.461.282
Average$1391.70$1342.15 

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Citation

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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