Value of 1995 British Pounds today

£100 in 1995

£163.74 in 2019

The inflation rate in United Kingdom between 1995 and today has been 63.74%, which translates into a total increase of £63.74. This means that 100 pounds in 1995 are equivalent to 163.74 pounds in 2019. In other words, the purchasing power of £100 in 1995 equals £163.74 today. The average annual inflation rate has been 1.99%.

Inflation timeline in United Kingdom (1995-2019)

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 (1995-2019) 63.51%
Total Inflation* 63.74%
Annual inflation avg. (1995-2019) 2.07%
Annual inflation avg.* 1.99%
CPI 1995 65.5
CPI 2019 107.1
CPI today* 107.25
£1 in 1995 £1.64 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 24 years between 1995 and 2019 and the average inflation rate has been 1.992%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = £100 * (1 + 0.02)24 = £163.51

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 1995 was 65.5 and the CPI today is 107.25. Therefore,

Final value = Initial value *
CPI final/CPI initial
= £100 *
107.1/65.5
= £163.51

United Kingdom inflation - Conversion table

Initial Value Equivalent value
£1 pound in 1995 £1.64 pounds today
£5 pounds in 1995 £8.19 pounds today
£10 pounds in 1995 £16.37 pounds today
£50 pounds in 1995 £81.87 pounds today
£100 pounds in 1995 £163.74 pounds today
£500 pounds in 1995 £818.69 pounds today
£1,000 pounds in 1995 £1,637.39 pounds today
£5,000 pounds in 1995 £8,186.93 pounds today
£10,000 pounds in 1995 £16,373.85 pounds today
£50,000 pounds in 1995 £81,869.27 pounds today
£100,000 pounds in 1995 £163,738.55 pounds today
£500,000 pounds in 1995 £818,692.75 pounds today
£1,000,000 pounds in 1995 £1,637,385.5 pounds today

Value of Pound in time (by year)

Period Value
1995 100
1996 103.05
1997 105.95
1998 107.94
1999 109.92
2000 111.6
2001 112.98
2002 114.5
2003 116.49
2004 118.02
2005 120
2006 122.6
2007 126.11
2008 129.01
2009 132.98
2010 135.73
2011 140
2012 145.04
2013 148.55
2014 151.45
2015 152.52
2016 153.28
2017 156.03
2018 160.31
2019 163.51
Today 163.74