# £1 in 1765 → £0.97 in 1769

## UK Inflation Calculator

£

### U.K. Inflation Rate, £1 from 1765 to 1769

According to the Office for National Statistics composite price index, prices in 1769 are 3.12% lower than average prices since 1765. The British pound experienced an average deflation rate of -0.79% per year during this period, meaning the real value of a pound increased.

In other words, £1 in 1765 is equivalent in purchasing power to about £0.97 in 1769, a difference of £-0.03 over 4 years.

The 1765 inflation rate was 3.23%. The inflation rate in 1769 was -7.46%. The 1769 inflation rate is lower compared to the average inflation rate of 2.10% per year between 1769 and 2020.

 Cumulative price change -3.12% Average inflation rate -0.79% Converted amount (£1 base) £0.97 Price difference (£1 base) £-0.03 CPI in 1765 6.400 CPI in 1769 6.200 Inflation in 1765 3.23% Inflation in 1769 -7.46%

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

### Buying power of £1 in 1765

This chart shows a calculation of buying power equivalence for £1 in 1765 (price index tracking began in 1750).

For example, if you started with £1, you would need to end with £0.97 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

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
1765 £1.00 3.23%
1766 £1.02 1.56%
1767 £1.06 4.62%
1768 £1.05 -1.47%
1769 £0.97 -7.46%
1770 £0.97 0.00%
1771 £1.05 8.06%
1772 £1.16 10.45%
1773 £1.16 0.00%
1774 £1.17 1.35%
1775 £1.09 -6.67%
1776 £1.08 -1.43%
1777 £1.08 0.00%
1778 £1.11 2.90%
1779 £1.02 -8.45%
1780 £0.98 -3.08%
1781 £1.03 4.76%
1782 £1.05 1.52%
1783 £1.17 11.94%
1784 £1.19 1.33%
1785 £1.13 -5.26%
1786 £1.13 0.00%
1787 £1.13 0.00%
1788 £1.17 4.17%
1789 £1.16 -1.33%
1790 £1.17 1.35%
1791 £1.17 0.00%
1792 £1.19 1.33%
1793 £1.22 2.63%
1794 £1.33 8.97%
1795 £1.47 10.59%
1796 £1.56 6.38%
1797 £1.41 -10.00%
1798 £1.38 -2.22%
1799 £1.55 12.50%
1800 £2.11 36.36%
1801 £2.36 11.85%
1802 £1.81 -23.18%
1803 £1.72 -5.17%
1804 £1.77 2.73%
1805 £2.05 15.93%
1806 £1.97 -3.82%
1807 £1.92 -2.38%
1808 £2.00 4.07%
1809 £2.19 9.37%
1810 £2.25 2.86%
1811 £2.19 -2.78%
1812 £2.48 13.57%
1813 £2.55 2.52%
1814 £2.22 -12.88%
1815 £1.98 -10.56%
1816 £1.81 -8.66%
1817 £2.06 13.79%
1818 £2.06 0.00%
1819 £2.02 -2.27%
1820 £1.83 -9.30%
1821 £1.61 -11.97%
1822 £1.39 -13.59%
1823 £1.48 6.74%
1824 £1.61 8.42%
1825 £1.89 17.48%
1826 £1.78 -5.79%
1827 £1.67 -6.14%
1828 £1.63 -2.80%
1829 £1.61 -0.96%
1830 £1.55 -3.88%
1831 £1.70 10.10%
1832 £1.58 -7.34%
1833 £1.48 -5.94%
1834 £1.36 -8.42%
1835 £1.39 2.30%
1836 £1.55 11.24%
1837 £1.58 2.02%
1838 £1.59 0.99%
1839 £1.70 6.86%
1840 £1.73 1.83%
1841 £1.70 -1.80%
1842 £1.56 -8.26%
1843 £1.39 -11.00%
1844 £1.39 0.00%
1845 £1.45 4.49%
1846 £1.52 4.30%
1847 £1.70 12.37%
1848 £1.48 -12.84%
1849 £1.39 -6.32%
1850 £1.31 -5.62%
1851 £1.27 -3.57%
1852 £1.27 0.00%
1853 £1.39 9.88%
1854 £1.59 14.61%
1855 £1.64 2.94%
1856 £1.64 0.00%
1857 £1.56 -4.76%
1858 £1.42 -9.00%
1859 £1.41 -1.10%
1860 £1.45 3.33%
1861 £1.48 2.15%
1862 £1.45 -2.11%
1863 £1.41 -3.23%
1864 £1.39 -1.11%
1865 £1.41 1.12%
1866 £1.48 5.56%
1867 £1.58 6.32%
1868 £1.56 -0.99%
1869 £1.48 -5.00%
1870 £1.48 0.00%
1871 £1.50 1.05%
1872 £1.56 4.17%
1873 £1.63 4.00%
1874 £1.56 -3.85%
1875 £1.53 -2.00%
1876 £1.53 0.00%
1877 £1.52 -1.02%
1878 £1.48 -2.06%
1879 £1.42 -4.21%
1880 £1.47 3.30%
1881 £1.45 -1.06%
1882 £1.47 1.08%
1883 £1.45 -1.06%
1884 £1.42 -2.15%
1885 £1.38 -3.30%
1886 £1.36 -1.14%
1887 £1.34 -1.15%
1888 £1.36 1.16%
1889 £1.38 1.15%
1890 £1.38 0.00%
1891 £1.39 1.14%
1892 £1.39 0.00%
1893 £1.38 -1.12%
1894 £1.36 -1.14%
1895 £1.34 -1.15%
1896 £1.33 -1.16%
1897 £1.36 2.35%
1898 £1.36 0.00%
1899 £1.38 1.15%
1900 £1.44 4.55%
1901 £1.44 0.00%
1902 £1.44 0.00%
1903 £1.45 1.09%
1904 £1.45 0.00%
1905 £1.45 0.00%
1906 £1.45 0.00%
1907 £1.47 1.08%
1908 £1.47 0.00%
1909 £1.48 1.06%
1910 £1.50 1.05%
1911 £1.50 0.00%
1912 £1.55 3.13%
1913 £1.53 -1.01%
1914 £1.53 0.00%
1915 £1.72 12.24%
1916 £2.03 18.18%
1917 £2.55 25.38%
1918 £3.11 22.09%
1919 £3.42 10.05%
1920 £3.95 15.53%
1921 £3.61 -8.70%
1922 £3.11 -13.85%
1923 £2.92 -6.03%
1924 £2.91 -0.53%
1925 £2.91 0.00%
1926 £2.89 -0.54%
1927 £2.81 -2.70%
1928 £2.81 0.00%
1929 £2.78 -1.11%
1930 £2.70 -2.81%
1931 £2.59 -4.05%
1932 £2.53 -2.41%
1933 £2.47 -2.47%
1934 £2.47 0.00%
1935 £2.48 0.63%
1936 £2.50 0.63%
1937 £2.59 3.75%
1938 £2.63 1.20%
1939 £2.70 2.98%
1940 £3.16 16.76%
1941 £3.50 10.89%
1942 £3.75 7.14%
1943 £3.88 3.33%
1944 £3.98 2.82%
1945 £4.09 2.75%
1946 £4.22 3.05%
1947 £4.52 7.04%
1948 £4.86 7.61%
1949 £5.00 2.89%
1950 £5.16 3.13%
1951 £5.63 9.09%
1952 £6.14 9.17%
1953 £6.33 3.05%
1954 £6.45 1.98%
1955 £6.73 4.36%
1956 £7.08 5.10%
1957 £7.33 3.53%
1958 £7.56 3.20%
1959 £7.59 0.41%
1960 £7.67 1.03%
1961 £7.94 3.46%
1962 £8.28 4.33%
1963 £8.44 1.89%
1964 £8.72 3.33%
1965 £9.13 4.66%
1966 £9.48 3.94%
1967 £9.73 2.64%
1968 £10.19 4.65%
1969 £10.73 5.37%
1970 £11.42 6.40%
1971 £12.50 9.44%
1972 £13.39 7.13%
1973 £14.61 9.10%
1974 £16.95 16.04%
1975 £21.06 24.24%
1976 £24.55 16.54%
1977 £28.44 15.85%
1978 £30.80 8.30%
1979 £34.92 13.39%
1980 £41.20 17.99%
1981 £46.09 11.87%
1982 £50.06 8.61%
1983 £52.36 4.59%
1984 £54.97 4.98%
1985 £58.31 6.08%
1986 £60.30 3.40%
1987 £62.81 4.17%
1988 £65.89 4.90%
1989 £71.02 7.78%
1990 £77.73 9.46%
1991 £82.30 5.87%
1992 £85.37 3.74%
1993 £86.73 1.59%
1994 £88.83 2.41%
1995 £91.91 3.47%
1996 £94.12 2.41%
1997 £97.08 3.14%
1998 £100.41 3.43%
1999 £101.95 1.54%
2000 £104.97 2.96%
2001 £106.83 1.77%
2002 £108.61 1.67%
2003 £111.75 2.89%
2004 £115.08 2.98%
2005 £118.33 2.82%
2006 £122.11 3.20%
2007 £127.34 4.29%
2008 £132.42 3.99%
2009 £131.72 -0.53%
2010 £137.80 4.61%
2011 £144.97 5.20%
2012 £149.63 3.21%
2013 £154.17 3.04%
2014 £157.81 2.36%
2015 £159.38 0.99%
2016 £162.14 1.74%
2017 £167.95 3.58%
2018 £172.12 2.48%
2019 £175.22 1.80%
2020 £177.85 1.50%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

### How to Calculate Inflation Rate for £1, 1765 to 1769

This inflation calculator uses the following inflation rate formula:

CPI in 1769CPI in 1765
×
1765 GBP value
=
1769 GBP value

Then plug in historical CPI values. The U.K. CPI was 6.4 in the year 1765 and 6.2 in 1769:

6.26.4
×
£1
=
£0.97

£1 in 1765 has the same "purchasing power" or "buying power" as £0.97 in 1769.

To get the total inflation rate for the 4 years between 1765 and 1769, we use the following formula:

CPI in 1769 - CPI in 1765CPI in 1765
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

6.2 - 6.46.4
×
100
=
-3%

### 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 1765 → 1769 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 20 Feb. 2020, https://www.officialdata.org/uk/inflation/1765?amount=1&endYear=1769.

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.

 Cumulative price change -3.12% Average inflation rate -0.79% Converted amount (£1 base) £0.97 Price difference (£1 base) £-0.03 CPI in 1765 6.400 CPI in 1769 6.200 Inflation in 1765 3.23% Inflation in 1769 -7.46%