# £1 in 1800 is worth £79.62 in 2017

£

## Value of £1 from 1800 to 2017

£1 in 1800 is equivalent in purchasing power to about £79.62 in 2017, an increase of £78.62 over 217 years. The pound had an average inflation rate of 2.04% per year between 1800 and 2017, producing a cumulative price increase of 7,862.22%.

This means that prices in 2017 are 79.62 times higher than average prices since 1800, according to the Office for National Statistics composite price index.

The inflation rate in 1800 was 36.36%. The inflation rate in 2017 was 3.58%. The 2017 inflation rate is higher compared to the average inflation rate of 2.31% per year between 2017 and 2022.

 Cumulative price change 7,862.22% Average inflation rate 2.04% Converted amount (£1 base) £79.62 Price difference (£1 base) £78.62 CPI in 1800 13.500 CPI in 2017 1,074.900 Inflation in 1800 36.36% Inflation in 2017 3.58% £1 in 1800 £79.62 in 2017

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

## Buying power of £1 in 1800

This chart shows a calculation of buying power equivalence for £1 in 1800 (price index tracking began in 1750).

For example, if you started with £1, you would need to end with £79.62 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When £1 is equivalent to £79.62 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 1800 dollars, the chart below shows how £1 is worth less over 217 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: 1800-2017
Year Pound Value Inflation Rate
1800 £1.00 36.36%
1801 £1.12 11.85%
1802 £0.86 -23.18%
1803 £0.81 -5.17%
1804 £0.84 2.73%
1805 £0.97 15.93%
1806 £0.93 -3.82%
1807 £0.91 -2.38%
1808 £0.95 4.07%
1809 £1.04 9.37%
1810 £1.07 2.86%
1811 £1.04 -2.78%
1812 £1.18 13.57%
1813 £1.21 2.52%
1814 £1.05 -12.88%
1815 £0.94 -10.56%
1816 £0.86 -8.66%
1817 £0.98 13.79%
1818 £0.98 0.00%
1819 £0.96 -2.27%
1820 £0.87 -9.30%
1821 £0.76 -11.97%
1822 £0.66 -13.59%
1823 £0.70 6.74%
1824 £0.76 8.42%
1825 £0.90 17.48%
1826 £0.84 -5.79%
1827 £0.79 -6.14%
1828 £0.77 -2.80%
1829 £0.76 -0.96%
1830 £0.73 -3.88%
1831 £0.81 10.10%
1832 £0.75 -7.34%
1833 £0.70 -5.94%
1834 £0.64 -8.42%
1835 £0.66 2.30%
1836 £0.73 11.24%
1837 £0.75 2.02%
1838 £0.76 0.99%
1839 £0.81 6.86%
1840 £0.82 1.83%
1841 £0.81 -1.80%
1842 £0.74 -8.26%
1843 £0.66 -11.00%
1844 £0.66 0.00%
1845 £0.69 4.49%
1846 £0.72 4.30%
1847 £0.81 12.37%
1848 £0.70 -12.84%
1849 £0.66 -6.32%
1850 £0.62 -5.62%
1851 £0.60 -3.57%
1852 £0.60 0.00%
1853 £0.66 9.88%
1854 £0.76 14.61%
1855 £0.78 2.94%
1856 £0.78 0.00%
1857 £0.74 -4.76%
1858 £0.67 -9.00%
1859 £0.67 -1.10%
1860 £0.69 3.33%
1861 £0.70 2.15%
1862 £0.69 -2.11%
1863 £0.67 -3.23%
1864 £0.66 -1.11%
1865 £0.67 1.12%
1866 £0.70 5.56%
1867 £0.75 6.32%
1868 £0.74 -0.99%
1869 £0.70 -5.00%
1870 £0.70 0.00%
1871 £0.71 1.05%
1872 £0.74 4.17%
1873 £0.77 4.00%
1874 £0.74 -3.85%
1875 £0.73 -2.00%
1876 £0.73 0.00%
1877 £0.72 -1.02%
1878 £0.70 -2.06%
1879 £0.67 -4.21%
1880 £0.70 3.30%
1881 £0.69 -1.06%
1882 £0.70 1.08%
1883 £0.69 -1.06%
1884 £0.67 -2.15%
1885 £0.65 -3.30%
1886 £0.64 -1.14%
1887 £0.64 -1.15%
1888 £0.64 1.16%
1889 £0.65 1.15%
1890 £0.65 0.00%
1891 £0.66 1.14%
1892 £0.66 0.00%
1893 £0.65 -1.12%
1894 £0.64 -1.14%
1895 £0.64 -1.15%
1896 £0.63 -1.16%
1897 £0.64 2.35%
1898 £0.64 0.00%
1899 £0.65 1.15%
1900 £0.68 4.55%
1901 £0.68 0.00%
1902 £0.68 0.00%
1903 £0.69 1.09%
1904 £0.69 0.00%
1905 £0.69 0.00%
1906 £0.69 0.00%
1907 £0.70 1.08%
1908 £0.70 0.00%
1909 £0.70 1.06%
1910 £0.71 1.05%
1911 £0.71 0.00%
1912 £0.73 3.13%
1913 £0.73 -1.01%
1914 £0.73 0.00%
1915 £0.81 12.24%
1916 £0.96 18.18%
1917 £1.21 25.38%
1918 £1.47 22.09%
1919 £1.62 10.05%
1920 £1.87 15.53%
1921 £1.71 -8.70%
1922 £1.47 -13.85%
1923 £1.39 -6.03%
1924 £1.38 -0.53%
1925 £1.38 0.00%
1926 £1.37 -0.54%
1927 £1.33 -2.70%
1928 £1.33 0.00%
1929 £1.32 -1.11%
1930 £1.28 -2.81%
1931 £1.23 -4.05%
1932 £1.20 -2.41%
1933 £1.17 -2.47%
1934 £1.17 0.00%
1935 £1.18 0.63%
1936 £1.19 0.63%
1937 £1.23 3.75%
1938 £1.24 1.20%
1939 £1.28 2.98%
1940 £1.50 16.76%
1941 £1.66 10.89%
1942 £1.78 7.14%
1943 £1.84 3.33%
1944 £1.89 2.82%
1945 £1.94 2.75%
1946 £2.00 3.05%
1947 £2.14 7.04%
1948 £2.30 7.61%
1949 £2.37 2.89%
1950 £2.44 3.13%
1951 £2.67 9.09%
1952 £2.91 9.17%
1953 £3.00 3.05%
1954 £3.06 1.98%
1955 £3.19 4.36%
1956 £3.36 5.10%
1957 £3.47 3.53%
1958 £3.59 3.20%
1959 £3.60 0.41%
1960 £3.64 1.03%
1961 £3.76 3.46%
1962 £3.93 4.33%
1963 £4.00 1.89%
1964 £4.13 3.33%
1965 £4.33 4.66%
1966 £4.50 3.94%
1967 £4.61 2.64%
1968 £4.83 4.65%
1969 £5.09 5.37%
1970 £5.41 6.40%
1971 £5.93 9.44%
1972 £6.35 7.13%
1973 £6.93 9.10%
1974 £8.04 16.04%
1975 £9.99 24.24%
1976 £11.64 16.54%
1977 £13.48 15.85%
1978 £14.60 8.30%
1979 £16.56 13.39%
1980 £19.53 17.99%
1981 £21.85 11.87%
1982 £23.73 8.61%
1983 £24.82 4.59%
1984 £26.06 4.98%
1985 £27.64 6.08%
1986 £28.59 3.40%
1987 £29.78 4.17%
1988 £31.24 4.90%
1989 £33.67 7.78%
1990 £36.85 9.46%
1991 £39.01 5.87%
1992 £40.47 3.74%
1993 £41.12 1.59%
1994 £42.11 2.41%
1995 £43.57 3.47%
1996 £44.62 2.41%
1997 £46.02 3.14%
1998 £47.60 3.43%
1999 £48.33 1.54%
2000 £49.76 2.96%
2001 £50.64 1.77%
2002 £51.49 1.67%
2003 £52.98 2.89%
2004 £54.56 2.98%
2005 £56.10 2.82%
2006 £57.89 3.20%
2007 £60.37 4.29%
2008 £62.78 3.99%
2009 £62.44 -0.53%
2010 £65.33 4.61%
2011 £68.73 5.20%
2012 £70.93 3.21%
2013 £73.09 3.04%
2014 £74.81 2.36%
2015 £75.56 0.99%
2016 £76.87 1.74%
2017 £79.62 3.58%
2018 £81.77 2.70%
2019 £83.82 2.50%
2020 £85.33 1.80%
2021 £87.27 2.28%
2022 £89.25 2.27%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 211 more rows

This conversion table shows various other 1800 amounts in 2017 pounds, based on the 7,862.22% change in prices:

Conversion: 1800 pounds in 2017
Initial value Equivalent value
£1 pound in 1800 £79.62 pounds in 2017
£5 pounds in 1800 £398.11 pounds in 2017
£10 pounds in 1800 £796.22 pounds in 2017
£50 pounds in 1800 £3,981.11 pounds in 2017
£100 pounds in 1800 £7,962.22 pounds in 2017
£500 pounds in 1800 £39,811.11 pounds in 2017
£1,000 pounds in 1800 £79,622.22 pounds in 2017
£5,000 pounds in 1800 £398,111.11 pounds in 2017
£10,000 pounds in 1800 £796,222.22 pounds in 2017
£50,000 pounds in 1800 £3,981,111.11 pounds in 2017
£100,000 pounds in 1800 £7,962,222.22 pounds in 2017
£500,000 pounds in 1800 £39,811,111.11 pounds in 2017
£1,000,000 pounds in 1800 £79,622,222.22 pounds in 2017

## How to Calculate Inflation Rate for £1, 1800 to 2017

Our calculations use the following inflation rate formula to calculate the change in value between 1800 and 2017:

CPI in 2017 CPI in 1800
×
1800 GBP value
=
2017 GBP value

Then plug in historical CPI values. The U.K. CPI was 13.5 in the year 1800 and 1074.9 in 2017:

1074.913.5
×
£1
=
£79.62

£1 in 1800 has the same "purchasing power" or "buying power" as £79.62 in 2017.

To get the total inflation rate for the 217 years between 1800 and 2017, we use the following formula:

CPI in 2017 - CPI in 1800CPI in 1800
×
100
=
Cumulative inflation rate (217 years)

Plugging in the values to this equation, we get:

1074.9 - 13.513.5
×
100
=
7,862%

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

• First session of Congress held at under-construction Capitol building in Washington D.C.
• First cowpox vaccination (for smallpox prevention) in the United States. The vaccine was given by Dr Benjamin Waterhouse to his son.
• The free African American community of Philadelphia submits its first petition to US Congress for the abolition of slavery.
• Barnaba Niccoclo Maria Luigi Chiaramonti elected pope, taking the name Pope Pius VII.
• A Smallpox vaccine is invented by Doctor Benjamin Waterhouse leading to the first immunization against the disease.
• Congress holds its first session in the, at the time, still incomplete Capitol building in Washington D.C.
• The French army defeats the Turks at Helipolis, after which they advanced on to Cairo.

## 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 1800 → 2017 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 24 Jan. 2022, https://www.officialdata.org/uk/inflation/1800?amount=1&endYear=2017.

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.