£1 in 1890 is worth £0.99 in 1886

Value of £1 from 1890 to 1886

£1 in 1890 is equivalent in purchasing power to about £0.99 in 1886, an increase of £-0.01 over 4 years. The pound had an average inflation rate of 0.29% per year between 1886 and 1890, producing a cumulative price increase of -1.14%.

This means that prices in 1886 are 1.14% lower than average prices since 1890, according to the Office for National Statistics composite price index.

The inflation rate in 1886 was -1.14%. The inflation rate in 1890 was 0.00%. The 1890 inflation rate is lower compared to the average inflation rate of 3.83% per year between 1890 and 2022.


Inflation from 1890 to 1886
Cumulative price change-1.14%
Average inflation rate0.29%
Converted amount (£1 base)£0.99
Price difference (£1 base)£-0.01
CPI in 18908.800
CPI in 18868.700
Inflation in 1886-1.14%
Inflation in 18900.00%
£1 in 1890£0.99 in 1886

GBP inflation since 1886
Annual Rate, the Office for National Statistics CPI
Download

Buying power of £1 in 1886

This chart shows a calculation of buying power equivalence for £1 in 1886 (price index tracking began in 1750).

For example, if you started with £1, you would need to end with £0.99 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When £1 is equivalent to £0.99 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 1886 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: 1886-1890
YearPound ValueInflation Rate
1886£1.00-1.14%
1887£0.99-1.15%
1888£1.001.16%
1889£1.011.15%
1890£1.010.00%
1891£1.021.14%
1892£1.020.00%
1893£1.01-1.12%
1894£1.00-1.14%
1895£0.99-1.15%
1896£0.98-1.16%
1897£1.002.35%
1898£1.000.00%
1899£1.011.15%
1900£1.064.55%
1901£1.060.00%
1902£1.060.00%
1903£1.071.09%
1904£1.070.00%
1905£1.070.00%
1906£1.070.00%
1907£1.081.08%
1908£1.080.00%
1909£1.091.06%
1910£1.101.05%
1911£1.100.00%
1912£1.143.13%
1913£1.13-1.01%
1914£1.130.00%
1915£1.2612.24%
1916£1.4918.18%
1917£1.8725.38%
1918£2.2922.09%
1919£2.5210.05%
1920£2.9115.53%
1921£2.66-8.70%
1922£2.29-13.85%
1923£2.15-6.03%
1924£2.14-0.53%
1925£2.140.00%
1926£2.13-0.54%
1927£2.07-2.70%
1928£2.070.00%
1929£2.05-1.11%
1930£1.99-2.81%
1931£1.91-4.05%
1932£1.86-2.41%
1933£1.82-2.47%
1934£1.820.00%
1935£1.830.63%
1936£1.840.63%
1937£1.913.75%
1938£1.931.20%
1939£1.992.98%
1940£2.3216.76%
1941£2.5710.89%
1942£2.767.14%
1943£2.853.33%
1944£2.932.82%
1945£3.012.75%
1946£3.103.05%
1947£3.327.04%
1948£3.577.61%
1949£3.682.89%
1950£3.793.13%
1951£4.149.09%
1952£4.529.17%
1953£4.663.05%
1954£4.751.98%
1955£4.954.36%
1956£5.215.10%
1957£5.393.53%
1958£5.563.20%
1959£5.590.41%
1960£5.641.03%
1961£5.843.46%
1962£6.094.33%
1963£6.211.89%
1964£6.413.33%
1965£6.714.66%
1966£6.983.94%
1967£7.162.64%
1968£7.494.65%
1969£7.905.37%
1970£8.406.40%
1971£9.209.44%
1972£9.857.13%
1973£10.759.10%
1974£12.4716.04%
1975£15.4924.24%
1976£18.0616.54%
1977£20.9215.85%
1978£22.668.30%
1979£25.6913.39%
1980£30.3117.99%
1981£33.9111.87%
1982£36.838.61%
1983£38.524.59%
1984£40.444.98%
1985£42.906.08%
1986£44.363.40%
1987£46.214.17%
1988£48.474.90%
1989£52.247.78%
1990£57.189.46%
1991£60.545.87%
1992£62.803.74%
1993£63.801.59%
1994£65.342.41%
1995£67.613.47%
1996£69.242.41%
1997£71.413.14%
1998£73.863.43%
1999£75.001.54%
2000£77.222.96%
2001£78.591.77%
2002£79.901.67%
2003£82.212.89%
2004£84.662.98%
2005£87.052.82%
2006£89.833.20%
2007£93.684.29%
2008£97.413.99%
2009£96.90-0.53%
2010£101.374.61%
2011£106.645.20%
2012£110.073.21%
2013£113.413.04%
2014£116.092.36%
2015£117.240.99%
2016£119.281.74%
2017£123.553.58%
2018£126.892.70%
2019£130.062.50%
2020£132.401.80%
2021£135.702.49%
2022£144.476.46%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1886 amounts in 1890 pounds, based on the -1.14% change in prices:

Conversion: 1886 pounds in 1890
Initial valueEquivalent value
£1 pound in 1886£1.01 pounds in 1890
£5 pounds in 1886£5.06 pounds in 1890
£10 pounds in 1886£10.11 pounds in 1890
£50 pounds in 1886£50.57 pounds in 1890
£100 pounds in 1886£101.15 pounds in 1890
£500 pounds in 1886£505.75 pounds in 1890
£1,000 pounds in 1886£1,011.49 pounds in 1890
£5,000 pounds in 1886£5,057.47 pounds in 1890
£10,000 pounds in 1886£10,114.94 pounds in 1890
£50,000 pounds in 1886£50,574.71 pounds in 1890
£100,000 pounds in 1886£101,149.43 pounds in 1890
£500,000 pounds in 1886£505,747.13 pounds in 1890
£1,000,000 pounds in 1886£1,011,494.25 pounds in 1890

How to calculate inflation rate for £1, 1886 to 1890

Our calculations use the following inflation rate formula to calculate the change in value between 1886 and 1890:

CPI in 1886 CPI in 1890
×
1890 GBP value
=
1886 GBP value

Then plug in historical CPI values. The U.K. CPI was 8.8 in the year 1890 and 8.7 in 1886:

8.78.8
×
£1
=
£0.99

£1 in 1890 has the same "purchasing power" or "buying power" as £0.99 in 1886.

To get the total inflation rate for the 4 years between 1886 and 1890, we use the following formula:

CPI in 1886 - CPI in 1890CPI in 1890
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

8.7 - 8.88.8
×
100
=
-1%

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 1890 → 1886 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 30 Sep. 2022, https://www.officialdata.org/uk/inflation/1890?amount=1&endYear=1886.

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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Inflation from 1890 to 1886
Cumulative price change-1.14%
Average inflation rate0.29%
Converted amount (£1 base)£0.99
Price difference (£1 base)£-0.01
CPI in 18908.800
CPI in 18868.700
Inflation in 1886-1.14%
Inflation in 18900.00%
£1 in 1890£0.99 in 1886