£1 in 1795 is worth £1.05 in 1799

Value of £1 from 1795 to 1799

£1 in 1795 is equivalent in purchasing power to about £1.05 in 1799, an increase of £0.05 over 4 years. The pound had an average inflation rate of 1.30% per year between 1795 and 1799, producing a cumulative price increase of 5.32%.

This means that prices in 1799 are 1.05 times higher than average prices since 1795, according to the Office for National Statistics composite price index.

The 1795 inflation rate was 10.59%. The inflation rate in 1799 was 12.50%. The 1799 inflation rate is higher compared to the average inflation rate of 2.18% per year between 1799 and 2021.


Inflation from 1795 to 1799
Cumulative price change 5.32%
Average inflation rate 1.30%
Converted amount (£1 base) £1.05
Price difference (£1 base) £0.05
CPI in 1795 9.400
CPI in 1799 9.900
Inflation in 1795 10.59%
Inflation in 1799 12.50%
£1 in 1795 £1.05 in 1799

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

Buying power of £1 in 1795

This chart shows a calculation of buying power equivalence for £1 in 1795 (price index tracking began in 1750).

For example, if you started with £1, you would need to end with £1.05 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When £1 is equivalent to £1.05 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 1795 dollars, the chart below shows how £1 is worth less over 4 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: 1795-1799
Year Pound Value Inflation Rate
1795 £1.00 10.59%
1796 £1.06 6.38%
1797 £0.96 -10.00%
1798 £0.94 -2.22%
1799 £1.05 12.50%
1800 £1.44 36.36%
1801 £1.61 11.85%
1802 £1.23 -23.18%
1803 £1.17 -5.17%
1804 £1.20 2.73%
1805 £1.39 15.93%
1806 £1.34 -3.82%
1807 £1.31 -2.38%
1808 £1.36 4.07%
1809 £1.49 9.37%
1810 £1.53 2.86%
1811 £1.49 -2.78%
1812 £1.69 13.57%
1813 £1.73 2.52%
1814 £1.51 -12.88%
1815 £1.35 -10.56%
1816 £1.23 -8.66%
1817 £1.40 13.79%
1818 £1.40 0.00%
1819 £1.37 -2.27%
1820 £1.24 -9.30%
1821 £1.10 -11.97%
1822 £0.95 -13.59%
1823 £1.01 6.74%
1824 £1.10 8.42%
1825 £1.29 17.48%
1826 £1.21 -5.79%
1827 £1.14 -6.14%
1828 £1.11 -2.80%
1829 £1.10 -0.96%
1830 £1.05 -3.88%
1831 £1.16 10.10%
1832 £1.07 -7.34%
1833 £1.01 -5.94%
1834 £0.93 -8.42%
1835 £0.95 2.30%
1836 £1.05 11.24%
1837 £1.07 2.02%
1838 £1.09 0.99%
1839 £1.16 6.86%
1840 £1.18 1.83%
1841 £1.16 -1.80%
1842 £1.06 -8.26%
1843 £0.95 -11.00%
1844 £0.95 0.00%
1845 £0.99 4.49%
1846 £1.03 4.30%
1847 £1.16 12.37%
1848 £1.01 -12.84%
1849 £0.95 -6.32%
1850 £0.89 -5.62%
1851 £0.86 -3.57%
1852 £0.86 0.00%
1853 £0.95 9.88%
1854 £1.09 14.61%
1855 £1.12 2.94%
1856 £1.12 0.00%
1857 £1.06 -4.76%
1858 £0.97 -9.00%
1859 £0.96 -1.10%
1860 £0.99 3.33%
1861 £1.01 2.15%
1862 £0.99 -2.11%
1863 £0.96 -3.23%
1864 £0.95 -1.11%
1865 £0.96 1.12%
1866 £1.01 5.56%
1867 £1.07 6.32%
1868 £1.06 -0.99%
1869 £1.01 -5.00%
1870 £1.01 0.00%
1871 £1.02 1.05%
1872 £1.06 4.17%
1873 £1.11 4.00%
1874 £1.06 -3.85%
1875 £1.04 -2.00%
1876 £1.04 0.00%
1877 £1.03 -1.02%
1878 £1.01 -2.06%
1879 £0.97 -4.21%
1880 £1.00 3.30%
1881 £0.99 -1.06%
1882 £1.00 1.08%
1883 £0.99 -1.06%
1884 £0.97 -2.15%
1885 £0.94 -3.30%
1886 £0.93 -1.14%
1887 £0.91 -1.15%
1888 £0.93 1.16%
1889 £0.94 1.15%
1890 £0.94 0.00%
1891 £0.95 1.14%
1892 £0.95 0.00%
1893 £0.94 -1.12%
1894 £0.93 -1.14%
1895 £0.91 -1.15%
1896 £0.90 -1.16%
1897 £0.93 2.35%
1898 £0.93 0.00%
1899 £0.94 1.15%
1900 £0.98 4.55%
1901 £0.98 0.00%
1902 £0.98 0.00%
1903 £0.99 1.09%
1904 £0.99 0.00%
1905 £0.99 0.00%
1906 £0.99 0.00%
1907 £1.00 1.08%
1908 £1.00 0.00%
1909 £1.01 1.06%
1910 £1.02 1.05%
1911 £1.02 0.00%
1912 £1.05 3.13%
1913 £1.04 -1.01%
1914 £1.04 0.00%
1915 £1.17 12.24%
1916 £1.38 18.18%
1917 £1.73 25.38%
1918 £2.12 22.09%
1919 £2.33 10.05%
1920 £2.69 15.53%
1921 £2.46 -8.70%
1922 £2.12 -13.85%
1923 £1.99 -6.03%
1924 £1.98 -0.53%
1925 £1.98 0.00%
1926 £1.97 -0.54%
1927 £1.91 -2.70%
1928 £1.91 0.00%
1929 £1.89 -1.11%
1930 £1.84 -2.81%
1931 £1.77 -4.05%
1932 £1.72 -2.41%
1933 £1.68 -2.47%
1934 £1.68 0.00%
1935 £1.69 0.63%
1936 £1.70 0.63%
1937 £1.77 3.75%
1938 £1.79 1.20%
1939 £1.84 2.98%
1940 £2.15 16.76%
1941 £2.38 10.89%
1942 £2.55 7.14%
1943 £2.64 3.33%
1944 £2.71 2.82%
1945 £2.79 2.75%
1946 £2.87 3.05%
1947 £3.07 7.04%
1948 £3.31 7.61%
1949 £3.40 2.89%
1950 £3.51 3.13%
1951 £3.83 9.09%
1952 £4.18 9.17%
1953 £4.31 3.05%
1954 £4.39 1.98%
1955 £4.59 4.36%
1956 £4.82 5.10%
1957 £4.99 3.53%
1958 £5.15 3.20%
1959 £5.17 0.41%
1960 £5.22 1.03%
1961 £5.40 3.46%
1962 £5.64 4.33%
1963 £5.74 1.89%
1964 £5.94 3.33%
1965 £6.21 4.66%
1966 £6.46 3.94%
1967 £6.63 2.64%
1968 £6.94 4.65%
1969 £7.31 5.37%
1970 £7.78 6.40%
1971 £8.51 9.44%
1972 £9.12 7.13%
1973 £9.95 9.10%
1974 £11.54 16.04%
1975 £14.34 24.24%
1976 £16.71 16.54%
1977 £19.36 15.85%
1978 £20.97 8.30%
1979 £23.78 13.39%
1980 £28.05 17.99%
1981 £31.38 11.87%
1982 £34.09 8.61%
1983 £35.65 4.59%
1984 £37.43 4.98%
1985 £39.70 6.08%
1986 £41.05 3.40%
1987 £42.77 4.17%
1988 £44.86 4.90%
1989 £48.35 7.78%
1990 £52.93 9.46%
1991 £56.03 5.87%
1992 £58.13 3.74%
1993 £59.05 1.59%
1994 £60.48 2.41%
1995 £62.57 3.47%
1996 £64.09 2.41%
1997 £66.10 3.14%
1998 £68.36 3.43%
1999 £69.41 1.54%
2000 £71.47 2.96%
2001 £72.73 1.77%
2002 £73.95 1.67%
2003 £76.09 2.89%
2004 £78.35 2.98%
2005 £80.56 2.82%
2006 £83.14 3.20%
2007 £86.70 4.29%
2008 £90.16 3.99%
2009 £89.68 -0.53%
2010 £93.82 4.61%
2011 £98.70 5.20%
2012 £101.87 3.21%
2013 £104.97 3.04%
2014 £107.45 2.36%
2015 £108.51 0.99%
2016 £110.39 1.74%
2017 £114.35 3.58%
2018 £117.44 2.70%
2019 £120.37 2.50%
2020 £122.54 1.80%
2021 £126.34 3.10%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1795 amounts in 1799 pounds, based on the 5.32% change in prices:

Conversion: 1795 pounds in 1799
Initial value Equivalent value
£1 pound in 1795 £1.05 pounds in 1799
£5 pounds in 1795 £5.27 pounds in 1799
£10 pounds in 1795 £10.53 pounds in 1799
£50 pounds in 1795 £52.66 pounds in 1799
£100 pounds in 1795 £105.32 pounds in 1799
£500 pounds in 1795 £526.60 pounds in 1799
£1,000 pounds in 1795 £1,053.19 pounds in 1799
£5,000 pounds in 1795 £5,265.96 pounds in 1799
£10,000 pounds in 1795 £10,531.91 pounds in 1799
£50,000 pounds in 1795 £52,659.57 pounds in 1799
£100,000 pounds in 1795 £105,319.15 pounds in 1799
£500,000 pounds in 1795 £526,595.74 pounds in 1799
£1,000,000 pounds in 1795 £1,053,191.49 pounds in 1799

How to Calculate Inflation Rate for £1, 1795 to 1799

Our calculations use the following inflation rate formula to calculate the change in value between 1795 and 1799:

CPI in 1799 CPI in 1795
×
1795 GBP value
=
1799 GBP value

Then plug in historical CPI values. The U.K. CPI was 9.4 in the year 1795 and 9.9 in 1799:

9.99.4
×
£1
=
£1.05

£1 in 1795 has the same "purchasing power" or "buying power" as £1.05 in 1799.

To get the total inflation rate for the 4 years between 1795 and 1799, we use the following formula:

CPI in 1799 - CPI in 1795CPI in 1795
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

9.9 - 9.49.4
×
100
=
5%

News headlines from 1795

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

  • The British capture Cape town.
  • The United States establishes its southern border after signing the Pinckney's Treaty between Spain and US. This treaty also gave America the right to navigate the Mississippi River
  • End of oligarchy in Amsterdam after a democratic revolution.

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 1795 → 1799 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 4 Dec. 2021, https://www.officialdata.org/uk/inflation/1795?amount=1&endYear=1799.

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 1795 to 1799
Cumulative price change 5.32%
Average inflation rate 1.30%
Converted amount (£1 base) £1.05
Price difference (£1 base) £0.05
CPI in 1795 9.400
CPI in 1799 9.900
Inflation in 1795 10.59%
Inflation in 1799 12.50%
£1 in 1795 £1.05 in 1799