# £1 in 1925 is worth £0.85 in 1934

£

## Value of £1 from 1925 to 1934

£1 in 1925 is equivalent in purchasing power to about £0.85 in 1934, a difference of £-0.15 over 9 years. The pound had an average deflation rate of -1.80% per year since 1925, producing a cumulative price change of -15.05%.

This means that prices in 1934 are 15.05% lower than average prices since 1925, according to the Office for National Statistics composite price index.

The inflation rate in 1925 was 0.00%. The inflation rate in 1934 was 0.00%. The 1934 inflation rate is lower compared to the average inflation rate of 5.05% per year between 1934 and 2022.

 Cumulative price change -15.05% Average inflation rate -1.80% Converted amount (£1 base) £0.85 Price difference (£1 base) £-0.15 CPI in 1925 18.600 CPI in 1934 15.800 Inflation in 1925 0.00% Inflation in 1934 0.00% £1 in 1925 £0.85 in 1934

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

## Buying power of £1 in 1925

This chart shows a calculation of buying power equivalence for £1 in 1925 (price index tracking began in 1750).

For example, if you started with £1, you would need to end with £0.85 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:

Pound inflation: 1925-1934
Year Pound Value Inflation Rate
1925 £1.00 -
1926 £0.99 -0.54%
1927 £0.97 -2.70%
1928 £0.97 0.00%
1929 £0.96 -1.11%
1930 £0.93 -2.81%
1931 £0.89 -4.05%
1932 £0.87 -2.41%
1933 £0.85 -2.47%
1934 £0.85 0.00%
1935 £0.85 0.63%
1936 £0.86 0.63%
1937 £0.89 3.75%
1938 £0.90 1.20%
1939 £0.93 2.98%
1940 £1.09 16.76%
1941 £1.20 10.89%
1942 £1.29 7.14%
1943 £1.33 3.33%
1944 £1.37 2.82%
1945 £1.41 2.75%
1946 £1.45 3.05%
1947 £1.55 7.04%
1948 £1.67 7.61%
1949 £1.72 2.89%
1950 £1.77 3.13%
1951 £1.94 9.09%
1952 £2.11 9.17%
1953 £2.18 3.05%
1954 £2.22 1.98%
1955 £2.32 4.36%
1956 £2.44 5.10%
1957 £2.52 3.53%
1958 £2.60 3.20%
1959 £2.61 0.41%
1960 £2.64 1.03%
1961 £2.73 3.46%
1962 £2.85 4.33%
1963 £2.90 1.89%
1964 £3.00 3.33%
1965 £3.14 4.66%
1966 £3.26 3.94%
1967 £3.35 2.64%
1968 £3.51 4.65%
1969 £3.69 5.37%
1970 £3.93 6.40%
1971 £4.30 9.44%
1972 £4.61 7.13%
1973 £5.03 9.10%
1974 £5.83 16.04%
1975 £7.25 24.24%
1976 £8.45 16.54%
1977 £9.78 15.85%
1978 £10.60 8.30%
1979 £12.02 13.39%
1980 £14.18 17.99%
1981 £15.86 11.87%
1982 £17.23 8.61%
1983 £18.02 4.59%
1984 £18.91 4.98%
1985 £20.06 6.08%
1986 £20.75 3.40%
1987 £21.61 4.17%
1988 £22.67 4.90%
1989 £24.44 7.78%
1990 £26.75 9.46%
1991 £28.32 5.87%
1992 £29.38 3.74%
1993 £29.84 1.59%
1994 £30.56 2.41%
1995 £31.62 3.47%
1996 £32.39 2.41%
1997 £33.40 3.14%
1998 £34.55 3.43%
1999 £35.08 1.54%
2000 £36.12 2.96%
2001 £36.76 1.77%
2002 £37.37 1.67%
2003 £38.45 2.89%
2004 £39.60 2.98%
2005 £40.72 2.82%
2006 £42.02 3.20%
2007 £43.82 4.29%
2008 £45.56 3.99%
2009 £45.32 -0.53%
2010 £47.41 4.61%
2011 £49.88 5.20%
2012 £51.48 3.21%
2013 £53.05 3.04%
2014 £54.30 2.36%
2015 £54.84 0.99%
2016 £55.79 1.74%
2017 £57.79 3.58%
2018 £59.35 2.70%
2019 £60.83 2.50%
2020 £61.93 1.80%
2021 £63.34 2.28%
2022 £64.78 2.27%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 3 more rows

This conversion table shows various other 1925 amounts in 1934 pounds, based on the -15.05% change in prices:

Conversion: 1925 pounds in 1934
Initial value Equivalent value
£1 pound in 1925 £0.85 pounds in 1934
£5 pounds in 1925 £4.25 pounds in 1934
£10 pounds in 1925 £8.49 pounds in 1934
£50 pounds in 1925 £42.47 pounds in 1934
£100 pounds in 1925 £84.95 pounds in 1934
£500 pounds in 1925 £424.73 pounds in 1934
£1,000 pounds in 1925 £849.46 pounds in 1934
£5,000 pounds in 1925 £4,247.31 pounds in 1934
£10,000 pounds in 1925 £8,494.62 pounds in 1934
£50,000 pounds in 1925 £42,473.12 pounds in 1934
£100,000 pounds in 1925 £84,946.24 pounds in 1934
£500,000 pounds in 1925 £424,731.18 pounds in 1934
£1,000,000 pounds in 1925 £849,462.37 pounds in 1934

## How to Calculate Inflation Rate for £1, 1925 to 1934

Our calculations use the following inflation rate formula to calculate the change in value between 1925 and 1934:

CPI in 1934 CPI in 1925
×
1925 GBP value
=
1934 GBP value

Then plug in historical CPI values. The U.K. CPI was 18.6 in the year 1925 and 15.8 in 1934:

15.818.6
×
£1
=
£0.85

£1 in 1925 has the same "purchasing power" or "buying power" as £0.85 in 1934.

To get the total inflation rate for the 9 years between 1925 and 1934, we use the following formula:

CPI in 1934 - CPI in 1925CPI in 1925
×
100
=
Cumulative inflation rate (9 years)

Plugging in the values to this equation, we get:

15.8 - 18.618.6
×
100
=
-15%

## News headlines from 1925

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

• The Ku Klux Klan's first national march takes place in Washington.
• The last Qajar Shah of Iran is deposed with Reza Shah Pahlavi taking over.
• Scopes monkey trial ends in Dayton, Tennessee, finding John T. Scopes guilty of teaching evolution.

## 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 1925 → 1934 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Jan. 2022, https://www.officialdata.org/uk/inflation/1925?amount=1&endYear=1934.

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.

#### 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 -15.05% Average inflation rate -1.80% Converted amount (£1 base) £0.85 Price difference (£1 base) £-0.15 CPI in 1925 18.600 CPI in 1934 15.800 Inflation in 1925 0.00% Inflation in 1934 0.00% £1 in 1925 £0.85 in 1934