When using the CPI/RPI, the (average) value in 2020 of £21500000 from 1997 is $57483958.00. The range of values is from $49777631.69 to $70478261.99. 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 £21500000 from 1997 is $51850803.71. The range of values is from $42733462.19 to $64292043.73. This answer is better if the subject is a capital investment or government expenditure
| Value in 2020 of £21500000 from 1997 | |||
|---|---|---|---|
| Converted in | Converted using | Average dollar price per pound that year | |
| CPI / RPI | GDP Deflator | ||
| 1997 | $56788418.52 | $53537302.60 | 1.638 |
| 1998 | $58505175.12 | $54247500.75 | 1.657 |
| 1999 | $56720054.22 | $52924280.41 | 1.617 |
| 2000 | $52955722.67 | $49053587.96 | 1.516 |
| 2001 | $49777631.69 | $46230490.74 | 1.440 |
| 2002 | $51990156.79 | $48539465.96 | 1.502 |
| 2003 | $56910713.93 | $53023272.79 | 1.635 |
| 2004 | $64001176.67 | $59411364.41 | 1.833 |
| 2005 | $63222966.76 | $58904674.07 | 1.820 |
| 2006 | $63996638.80 | $59462245.45 | 1.843 |
| 2007 | $70478261.99 | $64292043.73 | 2.002 |
| 2008 | $65370568.68 | $60446118.29 | 1.855 |
| 2009 | $55116928.37 | $51667639.95 | 1.566 |
| 2010 | $55970235.00 | $51173327.29 | 1.545 |
| 2011 | $59268364.49 | $53196295.34 | 1.604 |
| 2012 | $59214308.57 | $52403729.55 | 1.586 |
| 2013 | $59329865.26 | $51896216.20 | 1.564 |
| 2014 | $62982065.13 | $54463223.86 | 1.649 |
| 2015 | $58900730.67 | $50396154.71 | 1.529 |
| 2016 | $52284679.21 | $44962317.49 | 1.350 |
| 2017 | $50539818.05 | $42868807.58 | 1.287 |
| 2018 | $52845989.77 | $44277432.12 | 1.334 |
| 2019 | $51157684.28 | $42733462.19 | 1.282 |
| 2020 | $51286837.36 | $44308335.59 | 1.282 |
| Average | $57483958.00 | $51850803.71 | |
| 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. |
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 © 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.