£100 in 1865 is equivalent in purchasing power to about £100 in 1863, an increase of £0.00 over 2 years. The pound had an average inflation rate of 0.00% per year between 1863 and 1865, producing a cumulative price increase of 0.00%.
The inflation rate in 1863 was -3.23%. The inflation rate in 1865 was 1.12%. The 1865 inflation rate is lower compared to the average inflation rate of 3.23% per year between 1865 and 2024.
Average inflation rate | 0.00% |
Converted amount £100 base | £100 |
Price difference £100 base | £0.00 |
CPI in 1865 | 9.000 |
CPI in 1863 | 9.000 |
Inflation in 1863 | -3.23% |
Inflation in 1865 | 1.12% |
£100 in 1865 | £100 in 1863 |
This chart shows a calculation of buying power equivalence for £100 in 1863 (price index tracking began in 1750).
For example, if you started with £100, you would need to end with £100 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When £100 is equivalent to £100 over time, that means that the "real value" of a single U.K. pound decreases over time. In other words, a pound will pay for fewer items at the store.
This effect explains how inflation erodes the value of a pound over time. By calculating the value in 1863 dollars, the chart below shows how £100 is worth less over 2 years.
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:
This conversion table shows various other 1863 amounts in 1865 pounds, based on the 0.00% change in prices:
Initial value | Equivalent value |
---|---|
£1 pound in 1863 | £1.00 pounds in 1865 |
£5 pounds in 1863 | £5.00 pounds in 1865 |
£10 pounds in 1863 | £10.00 pounds in 1865 |
£50 pounds in 1863 | £50.00 pounds in 1865 |
£100 pounds in 1863 | £100.00 pounds in 1865 |
£500 pounds in 1863 | £500.00 pounds in 1865 |
£1,000 pounds in 1863 | £1,000.00 pounds in 1865 |
£5,000 pounds in 1863 | £5,000.00 pounds in 1865 |
£10,000 pounds in 1863 | £10,000.00 pounds in 1865 |
£50,000 pounds in 1863 | £50,000.00 pounds in 1865 |
£100,000 pounds in 1863 | £100,000.00 pounds in 1865 |
£500,000 pounds in 1863 | £500,000.00 pounds in 1865 |
£1,000,000 pounds in 1863 | £1,000,000.00 pounds in 1865 |
Our calculations use the following inflation rate formula to calculate the change in value between 1863 and 1865:
Then plug in historical CPI values. The U.K. CPI was 9 in the year 1865 and 9 in 1863:
£100 in 1865 has the same "purchasing power" or "buying power" as £100 in 1863.
To get the total inflation rate for the 2 years between 1863 and 1865, we use the following formula:
Plugging in the values to this equation, we get:
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 the current year, which is based on The Bank of England's forecast.
You may use the following MLA citation for this page: “£100 in 1865 → 1863 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 29 Mar. 2024, https://www.officialdata.org/1865-GBP-in-1863?amount=100.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Average inflation rate | 0.00% |
Converted amount £100 base | £100 |
Price difference £100 base | £0.00 |
CPI in 1865 | 9.000 |
CPI in 1863 | 9.000 |
Inflation in 1863 | -3.23% |
Inflation in 1865 | 1.12% |
£100 in 1865 | £100 in 1863 |