£

Value of 1969 British Pounds today

£100 in 1969
£1,524.68 in 2022

The inflation rate in the United Kingdom between 1969 and today has been 1,424.68%, which translates into a total increase of £1,424.68. This means that 100 pounds in 1969 are equivalent to 1,524.68 pounds in 2022. In other words, the purchasing power of £100 in 1969 equals £1,524.68 today. The average annual inflation rate between these periods has been 5.27%.

Inflation timeline in the United Kingdom (1969 - 2022)

The following chart depicts the equivalence of £100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing 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 extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 1969-2021 1,311.12%
Cumulative inflation 1969-today 1,424.68%
Avg. Annual inflation 1969-2021 5.22%
CPI 1969 7.91
CPI 2021 111.6
CPI 2022-05 (latest official data) 119.7
CPI today 120.58

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 Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1969 and 2021, use the corresponding CPI values:

Value2021
=Value1969 ×
CPI2021/CPI1969
=£ 100 ×
111.6/7.91
£1,411.12

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 120.58:

Valuetoday
=Value1969 ×
CPItoday/CPI1969
=£ 100 ×
120.58/7.91
£1,524.68

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: 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 52 years between 1969 and 2021 and the average inflation rate was 5.2221%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=£100 × (1 + 0.052221)52
£1,411.12

UK inflation - Conversion table

Initial Value Equivalent value
£1 pound in 1969 £14.11 pounds in 2021
£5 pounds in 1969 £70.56 pounds in 2021
£10 pounds in 1969 £141.11 pounds in 2021
£50 pounds in 1969 £705.56 pounds in 2021
£100 pounds in 1969 £1,411.12 pounds in 2021
£500 pounds in 1969 £7,055.6 pounds in 2021
£1,000 pounds in 1969 £14,111.19 pounds in 2021
£5,000 pounds in 1969 £70,555.96 pounds in 2021
£10,000 pounds in 1969 £141,111.92 pounds in 2021
£50,000 pounds in 1969 £705,559.61 pounds in 2021
£100,000 pounds in 1969 £1,411,119.21 pounds in 2021
£500,000 pounds in 1969 £7,055,596.07 pounds in 2021
£1,000,000 pounds in 1969 £14,111,192.15 pounds in 2021
Cumulative inflation From 1969 1,424.68%
Avg. annual inflation From 1969 5.27%
CPI 1969 7.91
CPI today 120.58

Value of Pound over time (by year)

Period Value
1969 100
1970 106.37
1971 116.41
1972 124.64
1973 136.11
1974 157.94
1975 196.18
1976 228.66
1977 264.88
1978 286.77
1979 325.26
1980 383.7
1981 429.27
1982 466.18
1983 487.67
1984 511.86
1985 542.94
1986 561.55
1987 584.84
1988 609.46
1989 644.87
1990 696.71
1991 748.55
1992 782.69
1993 802.92
1994 820.62
1995 842.12
1996 866.14
1997 885.11
1998 901.55
1999 917.99
2000 928.1
2001 943.28
2002 957.18
2003 969.83
2004 983.74
2005 1,003.97
2006 1,029.26
2007 1,053.28
2008 1,089.95
2009 1,111.45
2010 1,139.26
2011 1,183.52
2012 1,213.87
2013 1,241.68
2014 1,259.39
2015 1,264.44
2016 1,277.09
2017 1,309.96
2018 1,340.31
2019 1,363.07
2020 1,376.98
2021 1,411.12
2022-05 1,513.54
Today 1,524.68

All available years

Today's value of british pounds by year:

1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: