£100 in 1769 → £17,686.96 in 2018

UK Inflation Calculator

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UK Inflation Rate, 1769-2018 (£100)

According to the Office for National Statistics composite price index, the pound experienced an average inflation rate of 2.10% per year. Prices in 2018 are 17587.0% higher than prices in 1769.

In other words, £100 in the year 1769 is equivalent in purchasing power to £17,686.96 in 2018, a difference of £17,586.96 over 249 years.

The current inflation rate in 2018 is 3.10%1. If this number holds, £100 today will be equivalent to £103.10 next year.

Inflation from 1769 to 2018
Cumulative price change 17586.96%
Average inflation rate 2.10%
Price difference (£100 base) £17,586.96
CPI in 1769 6.2
CPI in 2018 1096.59148


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


How to calculate the inflation rate for £100 since 1769

Start with the inflation rate formula:

CPI in 2018 / CPI in 1769 * 1769 GBP value = 2018 GBP value

Then plug in historical CPI values. The UK CPI was 6.2 in the year 1769 and 1096.59148 in 2018:

1096.59148 / 6.2 * £100 = £17,686.96

£100 in 1769 has the same "purchasing power" as £17,686.96 in 2018.


Inflation Data Source

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: “1769 pounds in 2018 | UK Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1769-GBP-in-2018.


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