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 $1288.56. The range of values is from $813.24 to $1754.98. 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$854.872.444
1972$1178.66$901.662.501
1973$1186.46$912.282.451
1974$1184.43$928.122.340
1975$1280.26$1016.732.222
1976$1146.08$904.531.805
1977$1205.85$937.331.745
1978$1333.89$1076.331.918
1979$1503.97$1258.692.122
1980$1713.43$1519.442.326
1981$1511.15$1357.912.024
1982$1335.63$1192.671.748
1983$1173.80$1050.671.516
1984$1041.80$941.061.337
1985$1035.25$932.741.297
1986$1189.51$1081.101.468
1987$1335.56$1243.611.640
1988$1461.02$1384.751.781
1989$1381.65$1323.681.638
1990$1562.73$1508.151.784
1991$1572.52$1542.251.767
1992$1582.77$1556.591.766
1993$1327.85$1331.951.502
1994$1352.43$1354.761.532
1995$1402.48$1403.561.579
1996$1379.24$1419.011.561
1997$1459.20$1461.411.638
1998$1503.31$1480.791.657
1999$1457.44$1444.671.617
2000$1360.71$1339.021.516
2001$1279.05$1261.951.440
2002$1335.90$1324.981.502
2003$1462.34$1447.381.635
2004$1644.53$1621.751.833
2005$1624.53$1607.921.820
2006$1644.41$1623.141.843
2007$1810.96$1754.982.002
2008$1679.72$1650.001.855
2009$1416.25$1410.371.566
2010$1438.17$1396.881.545
2011$1522.92$1452.101.604
2012$1521.53$1430.461.586
2013$1524.50$1416.611.564
2014$1618.34$1486.681.649
2015$1513.47$1375.661.529
2016$1343.47$1227.341.350
2017$1298.64$1170.191.287
2018$1357.89$1208.641.334
2019$1314.51$1166.501.282
2020$1317.83$1209.481.282
Average$1391.70$1288.56 

Another Computation?

Send us feedback

We would be happy to receive your feedback on this comparator. The link above will take you to a form where you can tell us the context of your question, what answer you are going to use and for what purpose. Please do not ask us what the best answer is as that is for you to choose based on what is the context of your question.


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/

Please read our Note on Data Revisions.

Copyright Notice

Copyright © MeasuringWorth. All rights reserved. This work may be copied for non-profit educational uses if proper credit is given. For other permission, please contact admin@measuringworth.com.