£100 in 1760 is worth £15,133.93 in 2008

Value of £100 from 1760 to 2008

According to the Office for National Statistics composite price index, prices in 2008 are 15,033.93% higher than average prices since 1760. The British pound experienced an average inflation rate of 2.04% per year during this period, causing the real value of a pound to decrease.

In other words, £100 in 1760 is equivalent in purchasing power to about £15,133.93 in 2008, a difference of £15,033.93 over 248 years.

The 1760 inflation rate was -3.45%. The inflation rate in 2008 was 3.99%. The 2008 inflation rate is higher compared to the average inflation rate of 2.49% per year between 2008 and 2020.


Inflation from 1760 to 2008
Cumulative price change 15,033.93%
Average inflation rate 2.04%
Converted amount (£100 base) £15,133.93
Price difference (£100 base) £15,033.93
CPI in 1760 5.600
CPI in 2008 847.500
Inflation in 1760 -3.45%
Inflation in 2008 3.99%

GBP Inflation since 1750
Annual Rate, the Office for National Statistics CPI
Download

Buying power of £100 in 1760

This chart shows a calculation of buying power equivalence for £100 in 1760 (price index tracking began in 1750).

For example, if you started with £100, you would need to end with £15,133.93 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When £100 is equivalent to £15,133.93 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 1760 dollars, the chart below shows how £100 is worth less over 248 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:

Pound inflation: 1760-2008
Year Pound Value Inflation Rate
1760 £100.00 -3.45%
1761 £94.64 -5.36%
1762 £98.21 3.77%
1763 £101.79 3.64%
1764 £110.71 8.77%
1765 £114.29 3.23%
1766 £116.07 1.56%
1767 £121.43 4.62%
1768 £119.64 -1.47%
1769 £110.71 -7.46%
1770 £110.71 0.00%
1771 £119.64 8.06%
1772 £132.14 10.45%
1773 £132.14 0.00%
1774 £133.93 1.35%
1775 £125.00 -6.67%
1776 £123.21 -1.43%
1777 £123.21 0.00%
1778 £126.79 2.90%
1779 £116.07 -8.45%
1780 £112.50 -3.08%
1781 £117.86 4.76%
1782 £119.64 1.52%
1783 £133.93 11.94%
1784 £135.71 1.33%
1785 £128.57 -5.26%
1786 £128.57 0.00%
1787 £128.57 0.00%
1788 £133.93 4.17%
1789 £132.14 -1.33%
1790 £133.93 1.35%
1791 £133.93 0.00%
1792 £135.71 1.33%
1793 £139.29 2.63%
1794 £151.79 8.97%
1795 £167.86 10.59%
1796 £178.57 6.38%
1797 £160.71 -10.00%
1798 £157.14 -2.22%
1799 £176.79 12.50%
1800 £241.07 36.36%
1801 £269.64 11.85%
1802 £207.14 -23.18%
1803 £196.43 -5.17%
1804 £201.79 2.73%
1805 £233.93 15.93%
1806 £225.00 -3.82%
1807 £219.64 -2.38%
1808 £228.57 4.07%
1809 £250.00 9.37%
1810 £257.14 2.86%
1811 £250.00 -2.78%
1812 £283.93 13.57%
1813 £291.07 2.52%
1814 £253.57 -12.88%
1815 £226.79 -10.56%
1816 £207.14 -8.66%
1817 £235.71 13.79%
1818 £235.71 0.00%
1819 £230.36 -2.27%
1820 £208.93 -9.30%
1821 £183.93 -11.97%
1822 £158.93 -13.59%
1823 £169.64 6.74%
1824 £183.93 8.42%
1825 £216.07 17.48%
1826 £203.57 -5.79%
1827 £191.07 -6.14%
1828 £185.71 -2.80%
1829 £183.93 -0.96%
1830 £176.79 -3.88%
1831 £194.64 10.10%
1832 £180.36 -7.34%
1833 £169.64 -5.94%
1834 £155.36 -8.42%
1835 £158.93 2.30%
1836 £176.79 11.24%
1837 £180.36 2.02%
1838 £182.14 0.99%
1839 £194.64 6.86%
1840 £198.21 1.83%
1841 £194.64 -1.80%
1842 £178.57 -8.26%
1843 £158.93 -11.00%
1844 £158.93 0.00%
1845 £166.07 4.49%
1846 £173.21 4.30%
1847 £194.64 12.37%
1848 £169.64 -12.84%
1849 £158.93 -6.32%
1850 £150.00 -5.62%
1851 £144.64 -3.57%
1852 £144.64 0.00%
1853 £158.93 9.88%
1854 £182.14 14.61%
1855 £187.50 2.94%
1856 £187.50 0.00%
1857 £178.57 -4.76%
1858 £162.50 -9.00%
1859 £160.71 -1.10%
1860 £166.07 3.33%
1861 £169.64 2.15%
1862 £166.07 -2.11%
1863 £160.71 -3.23%
1864 £158.93 -1.11%
1865 £160.71 1.12%
1866 £169.64 5.56%
1867 £180.36 6.32%
1868 £178.57 -0.99%
1869 £169.64 -5.00%
1870 £169.64 0.00%
1871 £171.43 1.05%
1872 £178.57 4.17%
1873 £185.71 4.00%
1874 £178.57 -3.85%
1875 £175.00 -2.00%
1876 £175.00 0.00%
1877 £173.21 -1.02%
1878 £169.64 -2.06%
1879 £162.50 -4.21%
1880 £167.86 3.30%
1881 £166.07 -1.06%
1882 £167.86 1.08%
1883 £166.07 -1.06%
1884 £162.50 -2.15%
1885 £157.14 -3.30%
1886 £155.36 -1.14%
1887 £153.57 -1.15%
1888 £155.36 1.16%
1889 £157.14 1.15%
1890 £157.14 0.00%
1891 £158.93 1.14%
1892 £158.93 0.00%
1893 £157.14 -1.12%
1894 £155.36 -1.14%
1895 £153.57 -1.15%
1896 £151.79 -1.16%
1897 £155.36 2.35%
1898 £155.36 0.00%
1899 £157.14 1.15%
1900 £164.29 4.55%
1901 £164.29 0.00%
1902 £164.29 0.00%
1903 £166.07 1.09%
1904 £166.07 0.00%
1905 £166.07 0.00%
1906 £166.07 0.00%
1907 £167.86 1.08%
1908 £167.86 0.00%
1909 £169.64 1.06%
1910 £171.43 1.05%
1911 £171.43 0.00%
1912 £176.79 3.13%
1913 £175.00 -1.01%
1914 £175.00 0.00%
1915 £196.43 12.24%
1916 £232.14 18.18%
1917 £291.07 25.38%
1918 £355.36 22.09%
1919 £391.07 10.05%
1920 £451.79 15.53%
1921 £412.50 -8.70%
1922 £355.36 -13.85%
1923 £333.93 -6.03%
1924 £332.14 -0.53%
1925 £332.14 0.00%
1926 £330.36 -0.54%
1927 £321.43 -2.70%
1928 £321.43 0.00%
1929 £317.86 -1.11%
1930 £308.93 -2.81%
1931 £296.43 -4.05%
1932 £289.29 -2.41%
1933 £282.14 -2.47%
1934 £282.14 0.00%
1935 £283.93 0.63%
1936 £285.71 0.63%
1937 £296.43 3.75%
1938 £300.00 1.20%
1939 £308.93 2.98%
1940 £360.71 16.76%
1941 £400.00 10.89%
1942 £428.57 7.14%
1943 £442.86 3.33%
1944 £455.36 2.82%
1945 £467.86 2.75%
1946 £482.14 3.05%
1947 £516.07 7.04%
1948 £555.36 7.61%
1949 £571.43 2.89%
1950 £589.29 3.13%
1951 £642.86 9.09%
1952 £701.79 9.17%
1953 £723.21 3.05%
1954 £737.50 1.98%
1955 £769.64 4.36%
1956 £808.93 5.10%
1957 £837.50 3.53%
1958 £864.29 3.20%
1959 £867.86 0.41%
1960 £876.79 1.03%
1961 £907.14 3.46%
1962 £946.43 4.33%
1963 £964.29 1.89%
1964 £996.43 3.33%
1965 £1,042.86 4.66%
1966 £1,083.93 3.94%
1967 £1,112.50 2.64%
1968 £1,164.29 4.65%
1969 £1,226.79 5.37%
1970 £1,305.36 6.40%
1971 £1,428.57 9.44%
1972 £1,530.36 7.13%
1973 £1,669.64 9.10%
1974 £1,937.50 16.04%
1975 £2,407.14 24.24%
1976 £2,805.36 16.54%
1977 £3,250.00 15.85%
1978 £3,519.64 8.30%
1979 £3,991.07 13.39%
1980 £4,708.93 17.99%
1981 £5,267.86 11.87%
1982 £5,721.43 8.61%
1983 £5,983.93 4.59%
1984 £6,282.14 4.98%
1985 £6,664.29 6.08%
1986 £6,891.07 3.40%
1987 £7,178.57 4.17%
1988 £7,530.36 4.90%
1989 £8,116.07 7.78%
1990 £8,883.93 9.46%
1991 £9,405.36 5.87%
1992 £9,757.14 3.74%
1993 £9,912.50 1.59%
1994 £10,151.79 2.41%
1995 £10,503.57 3.47%
1996 £10,757.14 2.41%
1997 £11,094.64 3.14%
1998 £11,475.00 3.43%
1999 £11,651.79 1.54%
2000 £11,996.43 2.96%
2001 £12,208.93 1.77%
2002 £12,412.50 1.67%
2003 £12,771.43 2.89%
2004 £13,151.79 2.98%
2005 £13,523.21 2.82%
2006 £13,955.36 3.20%
2007 £14,553.57 4.29%
2008 £15,133.93 3.99%
2009 £15,053.57 -0.53%
2010 £15,748.21 4.61%
2011 £16,567.86 5.20%
2012 £17,100.00 3.21%
2013 £17,619.64 3.04%
2014 £18,035.71 2.36%
2015 £18,214.29 0.99%
2016 £18,530.36 1.74%
2017 £19,194.64 3.58%
2018 £19,671.31 2.48%
2019 £20,025.39 1.80%
2020 £20,325.77 1.50%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 242 more rows

This conversion table shows various other 1760 amounts in 2008 pounds, based on the 15,033.93% change in prices:

Conversion Table: Value of a pound in 2008
Initial value Equivalent value
£1 pound in 1760 £151.34 pounds in 2008
£5 pounds in 1760 £756.70 pounds in 2008
£10 pounds in 1760 £1,513.39 pounds in 2008
£50 pounds in 1760 £7,566.96 pounds in 2008
£100 pounds in 1760 £15,133.93 pounds in 2008
£500 pounds in 1760 £75,669.64 pounds in 2008
£1,000 pounds in 1760 £151,339.29 pounds in 2008
£5,000 pounds in 1760 £756,696.43 pounds in 2008
£10,000 pounds in 1760 £1,513,392.86 pounds in 2008
£50,000 pounds in 1760 £7,566,964.29 pounds in 2008
£100,000 pounds in 1760 £15,133,928.57 pounds in 2008
£500,000 pounds in 1760 £75,669,642.86 pounds in 2008
£1,000,000 pounds in 1760 £151,339,285.71 pounds in 2008

How to Calculate Inflation Rate for £100, 1760 to 2008

Our calculations use the following inflation rate formula to calculate the change in value between 1760 and 2008:

CPI in 2008 CPI in 1760
×
1760 GBP value
=
2008 GBP value

Then plug in historical CPI values. The U.K. CPI was 5.6 in the year 1760 and 847.5 in 2008:

847.55.6
×
£100
=
£15,133.93

£100 in 1760 has the same "purchasing power" or "buying power" as £15,133.93 in 2008.

To get the total inflation rate for the 248 years between 1760 and 2008, we use the following formula:

CPI in 2008 - CPI in 1760CPI in 1760
×
100
=
Cumulative inflation rate (248 years)

Plugging in the values to this equation, we get:

847.5 - 5.65.6
×
100
=
15,034%

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: “1760 pounds in 2008 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 8 Aug. 2020, https://www.officialdata.org/1760-GBP-in-2008.

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.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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» Read more about inflation and investment.

Inflation from 1760 to 2008
Cumulative price change 15,033.93%
Average inflation rate 2.04%
Converted amount (£100 base) £15,133.93
Price difference (£100 base) £15,033.93
CPI in 1760 5.600
CPI in 2008 847.500
Inflation in 1760 -3.45%
Inflation in 2008 3.99%