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 $51827795.72. The range of values is from $42726726.41 to $64263986.45. 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$53513938.731.638
1998$58505175.12$54223826.941.657
1999$56720054.22$52901184.061.617
2000$52955722.67$49032180.791.516
2001$49777631.69$46210315.591.440
2002$51990156.79$48518283.161.502
2003$56910713.93$53000133.241.635
2004$64001176.67$59385437.071.833
2005$63222966.76$58878967.861.820
2006$63996638.80$59436295.911.843
2007$70478261.99$64263986.452.002
2008$65370568.68$60419739.391.855
2009$55116928.37$51645092.011.566
2010$55970235.00$51143005.581.545
2011$59268364.49$53164361.581.604
2012$59214308.57$52375801.321.586
2013$59329865.26$51881778.851.564
2014$62982065.13$54447924.931.649
2015$58900730.67$50353973.891.529
2016$52284679.21$44927599.131.350
2017$50539818.05$42850099.481.287
2018$52845989.77$44258109.291.334
2019$51157684.28$42726726.411.282
2020$51286837.36$44308335.591.282
Average$57483958.00$51827795.72 

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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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