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 £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 $52807771.74. The range of values is from $43409156.66 to $66036349.41. This answer is better if the subject is a capital investment or government expenditure


Value in 2020 of £21500000 from 1997
Converted inConverted usingAverage dollar price
per pound that year
CPI / RPIGDP Deflator
1997$56788418.52$53795602.931.638
1998$58505175.12$54674252.161.657
1999$56720054.22$53319041.201.617
2000$52955722.67$49694820.471.516
2001$49777631.69$47019112.861.440
2002$51990156.79$49311869.171.502
2003$56910713.93$54059218.511.635
2004$64001176.67$60541177.031.833
2005$63222966.76$60132801.511.820
2006$63996638.80$60746225.141.843
2007$70478261.99$66036349.412.002
2008$65370568.68$61960213.581.855
2009$55116928.37$52883353.581.566
2010$55970235.00$52265600.361.545
2011$59268364.49$54260889.561.604
2012$59214308.57$53488519.231.586
2013$59329865.26$53021725.261.564
2014$62982065.13$55726649.791.649
2015$58900730.67$51421592.811.529
2016$52284679.21$45827025.801.350
2017$50539818.05$43646332.981.287
2018$52845989.77$45069380.291.334
2019$51157684.28$43409156.661.282
2020$51286837.36$45075611.581.282
Average$57483958.00$52807771.74 

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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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