£1 in 1823 → £1.27 in 1825

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£1 in 1823 → £1.27 in 1825

UK Inflation Rate, £1 in 1823 to 1825

According to the Office for National Statistics composite price index, prices in 1825 are 27.37% higher than average prices throughout 1823. The pound experienced an average inflation rate of 12.86% per year during this period, meaning the real value of a dollar decreased.

In other words, £1 in 1823 is equivalent in purchasing power to about £1.27 in 1825, a difference of £0.27 over 2 years.

The 1823 inflation rate was 6.74%. The inflation rate in 1825 was 17.48%. The 1825 inflation rate is higher compared to the average inflation rate of 2.36% per year between 1825 and 2019.


Inflation from 1823 to 1825
Cumulative price change 27.37%
Average inflation rate 12.86%
Converted amount (£1 base) £1.27
Price difference (£1 base) £0.27
CPI in 1823 9.500
CPI in 1825 12.100
Inflation in 1823 6.74%
Inflation in 1825 17.48%

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


Buying power of £1 in 1823

This chart shows calculation of buying power equivalence, often referred to as "the value of a pound" over time for £1 in 1823 (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
1823 £1.00 6.74%
1824 £1.08 8.42%
1825 £1.27 17.48%
1826 £1.20 -5.79%
1827 £1.13 -6.14%
1828 £1.09 -2.80%
1829 £1.08 -0.96%
1830 £1.04 -3.88%
1831 £1.15 10.10%
1832 £1.06 -7.34%
1833 £1.00 -5.94%
1834 £0.92 -8.42%
1835 £0.94 2.30%
1836 £1.04 11.24%
1837 £1.06 2.02%
1838 £1.07 0.99%
1839 £1.15 6.86%
1840 £1.17 1.83%
1841 £1.15 -1.80%
1842 £1.05 -8.26%
1843 £0.94 -11.00%
1844 £0.94 0.00%
1845 £0.98 4.49%
1846 £1.02 4.30%
1847 £1.15 12.37%
1848 £1.00 -12.84%
1849 £0.94 -6.32%
1850 £0.88 -5.62%
1851 £0.85 -3.57%
1852 £0.85 0.00%
1853 £0.94 9.88%
1854 £1.07 14.61%
1855 £1.11 2.94%
1856 £1.11 0.00%
1857 £1.05 -4.76%
1858 £0.96 -9.00%
1859 £0.95 -1.10%
1860 £0.98 3.33%
1861 £1.00 2.15%
1862 £0.98 -2.11%
1863 £0.95 -3.23%
1864 £0.94 -1.11%
1865 £0.95 1.12%
1866 £1.00 5.56%
1867 £1.06 6.32%
1868 £1.05 -0.99%
1869 £1.00 -5.00%
1870 £1.00 0.00%
1871 £1.01 1.05%
1872 £1.05 4.17%
1873 £1.09 4.00%
1874 £1.05 -3.85%
1875 £1.03 -2.00%
1876 £1.03 0.00%
1877 £1.02 -1.02%
1878 £1.00 -2.06%
1879 £0.96 -4.21%
1880 £0.99 3.30%
1881 £0.98 -1.06%
1882 £0.99 1.08%
1883 £0.98 -1.06%
1884 £0.96 -2.15%
1885 £0.93 -3.30%
1886 £0.92 -1.14%
1887 £0.91 -1.15%
1888 £0.92 1.16%
1889 £0.93 1.15%
1890 £0.93 0.00%
1891 £0.94 1.14%
1892 £0.94 0.00%
1893 £0.93 -1.12%
1894 £0.92 -1.14%
1895 £0.91 -1.15%
1896 £0.89 -1.16%
1897 £0.92 2.35%
1898 £0.92 0.00%
1899 £0.93 1.15%
1900 £0.97 4.55%
1901 £0.97 0.00%
1902 £0.97 0.00%
1903 £0.98 1.09%
1904 £0.98 0.00%
1905 £0.98 0.00%
1906 £0.98 0.00%
1907 £0.99 1.08%
1908 £0.99 0.00%
1909 £1.00 1.06%
1910 £1.01 1.05%
1911 £1.01 0.00%
1912 £1.04 3.13%
1913 £1.03 -1.01%
1914 £1.03 0.00%
1915 £1.16 12.24%
1916 £1.37 18.18%
1917 £1.72 25.38%
1918 £2.09 22.09%
1919 £2.31 10.05%
1920 £2.66 15.53%
1921 £2.43 -8.70%
1922 £2.09 -13.85%
1923 £1.97 -6.03%
1924 £1.96 -0.53%
1925 £1.96 0.00%
1926 £1.95 -0.54%
1927 £1.89 -2.70%
1928 £1.89 0.00%
1929 £1.87 -1.11%
1930 £1.82 -2.81%
1931 £1.75 -4.05%
1932 £1.71 -2.41%
1933 £1.66 -2.47%
1934 £1.66 0.00%
1935 £1.67 0.63%
1936 £1.68 0.63%
1937 £1.75 3.75%
1938 £1.77 1.20%
1939 £1.82 2.98%
1940 £2.13 16.76%
1941 £2.36 10.89%
1942 £2.53 7.14%
1943 £2.61 3.33%
1944 £2.68 2.82%
1945 £2.76 2.75%
1946 £2.84 3.05%
1947 £3.04 7.04%
1948 £3.27 7.61%
1949 £3.37 2.89%
1950 £3.47 3.13%
1951 £3.79 9.09%
1952 £4.14 9.17%
1953 £4.26 3.05%
1954 £4.35 1.98%
1955 £4.54 4.36%
1956 £4.77 5.10%
1957 £4.94 3.53%
1958 £5.09 3.20%
1959 £5.12 0.41%
1960 £5.17 1.03%
1961 £5.35 3.46%
1962 £5.58 4.33%
1963 £5.68 1.89%
1964 £5.87 3.33%
1965 £6.15 4.66%
1966 £6.39 3.94%
1967 £6.56 2.64%
1968 £6.86 4.65%
1969 £7.23 5.37%
1970 £7.69 6.40%
1971 £8.42 9.44%
1972 £9.02 7.13%
1973 £9.84 9.10%
1974 £11.42 16.04%
1975 £14.19 24.24%
1976 £16.54 16.54%
1977 £19.16 15.85%
1978 £20.75 8.30%
1979 £23.53 13.39%
1980 £27.76 17.99%
1981 £31.05 11.87%
1982 £33.73 8.61%
1983 £35.27 4.59%
1984 £37.03 4.98%
1985 £39.28 6.08%
1986 £40.62 3.40%
1987 £42.32 4.17%
1988 £44.39 4.90%
1989 £47.84 7.78%
1990 £52.37 9.46%
1991 £55.44 5.87%
1992 £57.52 3.74%
1993 £58.43 1.59%
1994 £59.84 2.41%
1995 £61.92 3.47%
1996 £63.41 2.41%
1997 £65.40 3.14%
1998 £67.64 3.43%
1999 £68.68 1.54%
2000 £70.72 2.96%
2001 £71.97 1.77%
2002 £73.17 1.67%
2003 £75.28 2.89%
2004 £77.53 2.98%
2005 £79.72 2.82%
2006 £82.26 3.20%
2007 £85.79 4.29%
2008 £89.21 3.99%
2009 £88.74 -0.53%
2010 £92.83 4.61%
2011 £97.66 5.20%
2012 £100.80 3.21%
2013 £103.86 3.04%
2014 £106.32 2.36%
2015 £107.37 0.99%
2016 £109.23 1.74%
2017 £113.15 3.58%
2018 £115.96 2.48%
2019 £118.04 1.80%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

How to Calculate Inflation Rate for £1, 1823 to 1825

This inflation calculator uses the following inflation rate formula:

CPI in 1825CPI in 1823
×
1823 GBP value
=
1825 GBP value

Then plug in historical CPI values. The UK CPI was 9.5 in the year 1823 and 12.1 in 1825:

12.19.5
×
£1
=
£1.27

£1 in 1823 has the same "purchasing power" or "buying power" as £1.27 in 1825.

To get the total inflation rate for the 2 years between 1823 and 1825, we use the following formula:

CPI in 1825 - CPI in 1823CPI in 1823
×
100
=
Cumulative inflation rate (2 years)

Plugging in the values to this equation, we get:

12.1 - 9.59.5
×
100
=
27%

News headlines from 1823

Politics and news often influence economic performance. Here's what was happening at the time:

  • Defeat of the Portuguese crown loyalists marks the end of Portuguese rule in Brazil
  • James Monroe declares the Monroe Doctrine, defining US foreign policy towards Latin America.
  • Slavery is abolished in Chile

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 1823 → 1825 | UK Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 Nov. 2019, https://www.officialdata.org/1823-GBP-in-1825?amount=1.

Special thanks to QuickChart for providing downloadable chart images.

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


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 1823 to 1825
Cumulative price change 27.37%
Average inflation rate 12.86%
Converted amount (£1 base) £1.27
Price difference (£1 base) £0.27
CPI in 1823 9.500
CPI in 1825 12.100
Inflation in 1823 6.74%
Inflation in 1825 17.48%
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