Value of 1969 British Pounds today

£100 in 1969

£1,392.1 in 2019

The inflation rate in United Kingdom between 1969 and today has been 1,292.1%, which translates into a total increase of £1,292.1. This means that 100 pounds in 1969 are equivalent to 1,392.1 pounds in 2019. In other words, the purchasing power of £100 in 1969 equals £1,392.1 today. The average annual inflation rate has been 5.3%.

Inflation timeline in United Kingdom (1969-2019)

The following chart ilustrates the equivalence of £100 throughout the years due to inflation and CPI changes. All values are equivalent in terms of purchashing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (GBP) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1969-2019) 1,290.17%
Total Inflation* 1,292.1%
Annual inflation avg. (1969-2019) 5.41%
Annual inflation avg.* 5.3%
CPI 1969 7.7
CPI 2019 107.1
CPI today* 107.25
£1 in 1969 £13.9 in 2019

* Values extrapolated from the last official data to obtain today's values.

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the compound interest formula or the Consumer Price Index (CPI) formula.

Using the compound interest formula

Given that money changes in time as a result of an inflation rate that acts as a compound interest, the following formula can be used: FV = PV (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are £100 worth today. There are 50 years between 1969 and 2019 and the average inflation rate has been 5.2992%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = £100 * (1 + 0.05)50 = £1,390.17

Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1969 was 7.7 and the CPI today is 107.25. Therefore,

Final value = Initial value *
CPI final/CPI initial
= £100 *
107.1/7.7
= £1,390.17

United Kingdom inflation - Conversion table

Initial Value Equivalent value
£1 pound in 1969 £13.92 pounds today
£5 pounds in 1969 £69.6 pounds today
£10 pounds in 1969 £139.21 pounds today
£50 pounds in 1969 £696.05 pounds today
£100 pounds in 1969 £1,392.1 pounds today
£500 pounds in 1969 £6,960.49 pounds today
£1,000 pounds in 1969 £13,920.97 pounds today
£5,000 pounds in 1969 £69,604.87 pounds today
£10,000 pounds in 1969 £139,209.73 pounds today
£50,000 pounds in 1969 £696,048.66 pounds today
£100,000 pounds in 1969 £1,392,097.31 pounds today
£500,000 pounds in 1969 £6,960,486.56 pounds today
£1,000,000 pounds in 1969 £13,920,973.12 pounds today

Value of Pound in time (by year)

Period Value
1969 100
1970 104.67
1971 112.93
1972 123.13
1973 132.55
1974 146.57
1975 174.62
1976 218.09
1977 250.95
1978 281.43
1979 305.03
1980 357.61
1981 411.68
1982 461.28
1983 486.22
1984 512.06
1985 535.52
1986 565.75
1987 586.96
1988 608.77
1989 639.92
1990 677.56
1991 739.86
1992 787.89
1993 812.55
1994 830.73
1995 850.2
1996 876.16
1997 900.82
1998 917.69
1999 934.57
2000 948.84
2001 960.53
2002 973.51
2003 990.38
2004 1,003.36
2005 1,020.23
2006 1,042.3
2007 1,072.15
2008 1,096.82
2009 1,130.56
2010 1,153.93
2011 1,190.27
2012 1,233.11
2013 1,262.96
2014 1,287.62
2015 1,296.71
2016 1,303.2
2017 1,326.56
2018 1,362.91
2019 1,390.17
Today 1,392.1