£1 in 1755 → £1.30 in 1766

UK Inflation Calculator

£

£1 in 1755 → £1.30 in 1766

UK Inflation Rate, £1 in 1755 to 1766

According to the Office for National Statistics composite price index, prices in 1766 are 30.00% higher than average prices throughout 1755. The pound experienced an average inflation rate of 2.41% per year during this period, meaning the real value of a dollar decreased.

In other words, £1 in 1755 is equivalent in purchasing power to about £1.30 in 1766, a difference of £0.30 over 11 years.

The 1755 inflation rate was -5.66%. The inflation rate in 1766 was 1.56%. The 1766 inflation rate is lower compared to the average inflation rate of 2.06% per year between 1766 and 2019.


Inflation from 1755 to 1766
Cumulative price change 30.00%
Average inflation rate 2.41%
Converted amount (£1 base) £1.30
Price difference (£1 base) £0.30
CPI in 1755 5.000
CPI in 1766 6.500
Inflation in 1755 -5.66%
Inflation in 1766 1.56%

UK inflation chart from 1988 to 2017. Based on the UK Consumer Price Index.


Buying power of £1 in 1755

This chart shows calculation of buying power equivalence, often referred to as "the value of a pound" over time for £1 in 1755 (price index tracking began in 1750).

According to the Office for National Statistics, each of these GBP amounts below is equal in terms of what it could buy at the time:

Year Pound Value Inflation Rate
1755 £1.00 -5.66%
1756 £1.04 4.00%
1757 £1.26 21.15%
1758 £1.26 0.00%
1759 £1.16 -7.94%
1760 £1.12 -3.45%
1761 £1.06 -5.36%
1762 £1.10 3.77%
1763 £1.14 3.64%
1764 £1.24 8.77%
1765 £1.28 3.23%
1766 £1.30 1.56%
1767 £1.36 4.62%
1768 £1.34 -1.47%
1769 £1.24 -7.46%
1770 £1.24 0.00%
1771 £1.34 8.06%
1772 £1.48 10.45%
1773 £1.48 0.00%
1774 £1.50 1.35%
1775 £1.40 -6.67%
1776 £1.38 -1.43%
1777 £1.38 0.00%
1778 £1.42 2.90%
1779 £1.30 -8.45%
1780 £1.26 -3.08%
1781 £1.32 4.76%
1782 £1.34 1.52%
1783 £1.50 11.94%
1784 £1.52 1.33%
1785 £1.44 -5.26%
1786 £1.44 0.00%
1787 £1.44 0.00%
1788 £1.50 4.17%
1789 £1.48 -1.33%
1790 £1.50 1.35%
1791 £1.50 0.00%
1792 £1.52 1.33%
1793 £1.56 2.63%
1794 £1.70 8.97%
1795 £1.88 10.59%
1796 £2.00 6.38%
1797 £1.80 -10.00%
1798 £1.76 -2.22%
1799 £1.98 12.50%
1800 £2.70 36.36%
1801 £3.02 11.85%
1802 £2.32 -23.18%
1803 £2.20 -5.17%
1804 £2.26 2.73%
1805 £2.62 15.93%
1806 £2.52 -3.82%
1807 £2.46 -2.38%
1808 £2.56 4.07%
1809 £2.80 9.37%
1810 £2.88 2.86%
1811 £2.80 -2.78%
1812 £3.18 13.57%
1813 £3.26 2.52%
1814 £2.84 -12.88%
1815 £2.54 -10.56%
1816 £2.32 -8.66%
1817 £2.64 13.79%
1818 £2.64 0.00%
1819 £2.58 -2.27%
1820 £2.34 -9.30%
1821 £2.06 -11.97%
1822 £1.78 -13.59%
1823 £1.90 6.74%
1824 £2.06 8.42%
1825 £2.42 17.48%
1826 £2.28 -5.79%
1827 £2.14 -6.14%
1828 £2.08 -2.80%
1829 £2.06 -0.96%
1830 £1.98 -3.88%
1831 £2.18 10.10%
1832 £2.02 -7.34%
1833 £1.90 -5.94%
1834 £1.74 -8.42%
1835 £1.78 2.30%
1836 £1.98 11.24%
1837 £2.02 2.02%
1838 £2.04 0.99%
1839 £2.18 6.86%
1840 £2.22 1.83%
1841 £2.18 -1.80%
1842 £2.00 -8.26%
1843 £1.78 -11.00%
1844 £1.78 0.00%
1845 £1.86 4.49%
1846 £1.94 4.30%
1847 £2.18 12.37%
1848 £1.90 -12.84%
1849 £1.78 -6.32%
1850 £1.68 -5.62%
1851 £1.62 -3.57%
1852 £1.62 0.00%
1853 £1.78 9.88%
1854 £2.04 14.61%
1855 £2.10 2.94%
1856 £2.10 0.00%
1857 £2.00 -4.76%
1858 £1.82 -9.00%
1859 £1.80 -1.10%
1860 £1.86 3.33%
1861 £1.90 2.15%
1862 £1.86 -2.11%
1863 £1.80 -3.23%
1864 £1.78 -1.11%
1865 £1.80 1.12%
1866 £1.90 5.56%
1867 £2.02 6.32%
1868 £2.00 -0.99%
1869 £1.90 -5.00%
1870 £1.90 0.00%
1871 £1.92 1.05%
1872 £2.00 4.17%
1873 £2.08 4.00%
1874 £2.00 -3.85%
1875 £1.96 -2.00%
1876 £1.96 0.00%
1877 £1.94 -1.02%
1878 £1.90 -2.06%
1879 £1.82 -4.21%
1880 £1.88 3.30%
1881 £1.86 -1.06%
1882 £1.88 1.08%
1883 £1.86 -1.06%
1884 £1.82 -2.15%
1885 £1.76 -3.30%
1886 £1.74 -1.14%
1887 £1.72 -1.15%
1888 £1.74 1.16%
1889 £1.76 1.15%
1890 £1.76 0.00%
1891 £1.78 1.14%
1892 £1.78 0.00%
1893 £1.76 -1.12%
1894 £1.74 -1.14%
1895 £1.72 -1.15%
1896 £1.70 -1.16%
1897 £1.74 2.35%
1898 £1.74 0.00%
1899 £1.76 1.15%
1900 £1.84 4.55%
1901 £1.84 0.00%
1902 £1.84 0.00%
1903 £1.86 1.09%
1904 £1.86 0.00%
1905 £1.86 0.00%
1906 £1.86 0.00%
1907 £1.88 1.08%
1908 £1.88 0.00%
1909 £1.90 1.06%
1910 £1.92 1.05%
1911 £1.92 0.00%
1912 £1.98 3.13%
1913 £1.96 -1.01%
1914 £1.96 0.00%
1915 £2.20 12.24%
1916 £2.60 18.18%
1917 £3.26 25.38%
1918 £3.98 22.09%
1919 £4.38 10.05%
1920 £5.06 15.53%
1921 £4.62 -8.70%
1922 £3.98 -13.85%
1923 £3.74 -6.03%
1924 £3.72 -0.53%
1925 £3.72 0.00%
1926 £3.70 -0.54%
1927 £3.60 -2.70%
1928 £3.60 0.00%
1929 £3.56 -1.11%
1930 £3.46 -2.81%
1931 £3.32 -4.05%
1932 £3.24 -2.41%
1933 £3.16 -2.47%
1934 £3.16 0.00%
1935 £3.18 0.63%
1936 £3.20 0.63%
1937 £3.32 3.75%
1938 £3.36 1.20%
1939 £3.46 2.98%
1940 £4.04 16.76%
1941 £4.48 10.89%
1942 £4.80 7.14%
1943 £4.96 3.33%
1944 £5.10 2.82%
1945 £5.24 2.75%
1946 £5.40 3.05%
1947 £5.78 7.04%
1948 £6.22 7.61%
1949 £6.40 2.89%
1950 £6.60 3.13%
1951 £7.20 9.09%
1952 £7.86 9.17%
1953 £8.10 3.05%
1954 £8.26 1.98%
1955 £8.62 4.36%
1956 £9.06 5.10%
1957 £9.38 3.53%
1958 £9.68 3.20%
1959 £9.72 0.41%
1960 £9.82 1.03%
1961 £10.16 3.46%
1962 £10.60 4.33%
1963 £10.80 1.89%
1964 £11.16 3.33%
1965 £11.68 4.66%
1966 £12.14 3.94%
1967 £12.46 2.64%
1968 £13.04 4.65%
1969 £13.74 5.37%
1970 £14.62 6.40%
1971 £16.00 9.44%
1972 £17.14 7.13%
1973 £18.70 9.10%
1974 £21.70 16.04%
1975 £26.96 24.24%
1976 £31.42 16.54%
1977 £36.40 15.85%
1978 £39.42 8.30%
1979 £44.70 13.39%
1980 £52.74 17.99%
1981 £59.00 11.87%
1982 £64.08 8.61%
1983 £67.02 4.59%
1984 £70.36 4.98%
1985 £74.64 6.08%
1986 £77.18 3.40%
1987 £80.40 4.17%
1988 £84.34 4.90%
1989 £90.90 7.78%
1990 £99.50 9.46%
1991 £105.34 5.87%
1992 £109.28 3.74%
1993 £111.02 1.59%
1994 £113.70 2.41%
1995 £117.64 3.47%
1996 £120.48 2.41%
1997 £124.26 3.14%
1998 £128.52 3.43%
1999 £130.50 1.54%
2000 £134.36 2.96%
2001 £136.74 1.77%
2002 £139.02 1.67%
2003 £143.04 2.89%
2004 £147.30 2.98%
2005 £151.46 2.82%
2006 £156.30 3.20%
2007 £163.00 4.29%
2008 £169.50 3.99%
2009 £168.60 -0.53%
2010 £176.38 4.61%
2011 £185.56 5.20%
2012 £191.52 3.21%
2013 £197.34 3.04%
2014 £202.00 2.36%
2015 £204.00 0.99%
2016 £207.54 1.74%
2017 £214.98 3.58%
2018 £220.32 2.48%
2019 £224.28 1.80%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 5 more rows

How to Calculate Inflation Rate for £1, 1755 to 1766

This inflation calculator uses the following inflation rate formula:

CPI in 1766CPI in 1755
×
1755 GBP value
=
1766 GBP value

Then plug in historical CPI values. The UK CPI was 5 in the year 1755 and 6.5 in 1766:

6.55
×
£1
=
£1.30

£1 in 1755 has the same "purchasing power" or "buying power" as £1.30 in 1766.

To get the total inflation rate for the 11 years between 1755 and 1766, we use the following formula:

CPI in 1766 - CPI in 1755CPI in 1755
×
100
=
Cumulative inflation rate (11 years)

Plugging in the values to this equation, we get:

6.5 - 55
×
100
=
30%

Data Source & Citation

Raw data for these calculations comes from the composite price index published by the UK Office for National Statistics (ONS). A composite index is created by combining price data from several different published sources, both official and unofficial. The Consumer Price Index, normally used to compute inflation, has only been tracked since 1988. All inflation calculations after 1988 use the Office for National Statistics' Consumer Price Index, except for 2017, which is based on The Bank of England's forecast.

You may use the following MLA citation for this page: “£1 in 1755 → 1766 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Jul. 2019, https://www.officialdata.org/1755-GBP-in-1766?amount=1.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


» Read more about inflation and investment.

Inflation from 1755 to 1766
Cumulative price change 30.00%
Average inflation rate 2.41%
Converted amount (£1 base) £1.30
Price difference (£1 base) £0.30
CPI in 1755 5.000
CPI in 1766 6.500
Inflation in 1755 -5.66%
Inflation in 1766 1.56%
Download Image