\$1 in 1670 is worth \$1 in 1669

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Value of \$1 from 1670 to 1669

\$1 in 1670 is equivalent in purchasing power to about \$1 in 1669. The dollar had an average inflation rate of 0.00% per year between 1669 and 1670, producing a cumulative price increase of 0.00%.

The 1669 inflation rate was -6.98%. The inflation rate in 1670 was 0.00%. The 1670 inflation rate is lower compared to the average inflation rate of 1.21% per year between 1670 and 2021.

 Average inflation rate 0.00% Converted amount (\$1 base) \$1 Price difference (\$1 base) \$0.00 CPI in 1670 4.000 CPI in 1669 4.000 Inflation in 1669 -6.98% Inflation in 1670 0.00% \$1 in 1670 \$1 in 1669

USD Inflation since 1635
Annual Rate, the Bureau of Labor Statistics CPI

Inflation by Spending Category

CPI is the weighted combination of many categories of spending that are tracked by the government. Breaking down these categories helps explain the main drivers behind price changes. This chart shows the average rate of inflation for select CPI categories between 1670 and 1669.

Compare these values to the overall average of 0.00% per year:

Category Avg Inflation (%) Total Inflation (%) \$1 in 1669 → 1670
Food and beverages 0.00 0.00 1.00
Housing 0.00 0.00 1.00
Apparel 0.00 0.00 1.00
Transportation 0.00 0.00 1.00
Medical care 0.00 0.00 1.00
Recreation 0.00 0.00 1.00
Education and communication 0.00 0.00 1.00
Other goods and services 0.00 0.00 1.00

For all these visualizations, it's important to note that not all categories may have been tracked since 1670. This table and charts use the earliest available data for each category.

How to Calculate Inflation Rate for \$1, 1669 to 1670

Our calculations use the following inflation rate formula to calculate the change in value between 1669 and 1670:

CPI in 1669 CPI in 1670
×
1670 USD value
=
1669 USD value

Then plug in historical CPI values. The U.S. CPI was 4 in the year 1670 and 4 in 1669:

44
×
\$1
=
\$1

\$1 in 1670 has the same "purchasing power" or "buying power" as \$1 in 1669.

To get the total inflation rate for the 1 years between 1669 and 1670, we use the following formula:

CPI in 1669 - CPI in 1670CPI in 1670
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

4 - 44
×
100
=
0%

Data Source & Citation

Raw data for these calculations comes from the Bureau of Labor Statistics' (CPI), established in 1913. Inflation data from 1665 to 1912 is sourced from a historical study conducted by political science professor Robert Sahr at Oregon State University.

You may use the following MLA citation for this page: “\$1 in 1670 → 1669 | Inflation Calculator.” Official Inflation Data, Alioth Finance, 2 Dec. 2021, https://www.officialdata.org/us/inflation/1670?amount=1&endYear=1669.

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.