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The Value of the Pound
The table below was produced by
Allan Robinson, of Cramlington, Northcumberland in consultation with the Bank of
England and information supplied from its Retail Price Index. The value shown
against each year is its relative value compared with £1 in 1997, e.g. £1 in
1857 would have a buying power of £38.20 in 1997.
| 1997 |
1.00 |
| 1987 |
1.55 |
| 1977 |
3.41 |
| 1967 |
10.17 |
| 1957 |
13.48 |
| 1947 |
21.71 |
| 1937 |
28.87 |
| 1927 |
26.52 |
| 1917 |
25.17 |
| 1907 |
48.62 |
| 1897 |
53.48 |
| 1887 |
51.76 |
| 1877 |
40.11 |
| 1867 |
38.20 |
| 1857 |
38.20 |
| 1847 |
35.66 |
| 1837 |
38.20 |
| 1827 |
35.66 |
| 1817 |
29.17 |
| 1807 |
31.46 |
| 1800 |
28.15 |
| 1790 |
50.14 |
| 1780 |
55.33 |
| 1770 |
55.33 |
| 1760 |
66.85 |
| 1750 |
76.40 |
| 1700 |
69.76 |
| 1650 |
66.85 |
| 1600 |
114.61 |
| 1550 |
267.45 |
| 1500 |
401.17 |
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