£1 in 1885 is equivalent in purchasing power to about £1 in 1890, an increase of £0.00 over 5 years. The pound had an average inflation rate of 0.00% per year between 1885 and 1890, producing a cumulative price increase of 0.00%.

The 1885 inflation rate was -3.30%. The inflation rate in 1890 was 0.00%. The 1890 inflation rate is lower compared to the average inflation rate of 3.80% per year between 1890 and 2021.

⌃

Average inflation rate | 0.00% |

Converted amount (£1 base) | £1 |

Price difference (£1 base) | £0.00 |

CPI in 1885 | 8.800 |

CPI in 1890 | 8.800 |

Inflation in 1885 | -3.30% |

Inflation in 1890 | 0.00% |

£1 in 1885 | £1 in 1890 |

This chart shows a calculation of buying power equivalence for £1 in 1885 (price index tracking began in 1750).

For example, if you started with £1, you would need to end with £1 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When £1 is equivalent to £1 over time, that means that the "real value" of a single U.K. pound decreases over time. In other words, a pound will pay for fewer items at the store.

This effect explains how inflation erodes the value of a pound over time. By calculating the value in 1885 dollars, the chart below shows how £1 is worth less over 5 years.

According to the Office for National Statistics, each of these GBP amounts below is equal in terms of what it could buy at the time:

This conversion table shows various other 1885 amounts in 1890 pounds, based on the 0.00% change in prices:

Initial value | Equivalent value |
---|---|

£1 pound in 1885 | £1.00 pounds in 1890 |

£5 pounds in 1885 | £5.00 pounds in 1890 |

£10 pounds in 1885 | £10.00 pounds in 1890 |

£50 pounds in 1885 | £50.00 pounds in 1890 |

£100 pounds in 1885 | £100.00 pounds in 1890 |

£500 pounds in 1885 | £500.00 pounds in 1890 |

£1,000 pounds in 1885 | £1,000.00 pounds in 1890 |

£5,000 pounds in 1885 | £5,000.00 pounds in 1890 |

£10,000 pounds in 1885 | £10,000.00 pounds in 1890 |

£50,000 pounds in 1885 | £50,000.00 pounds in 1890 |

£100,000 pounds in 1885 | £100,000.00 pounds in 1890 |

£500,000 pounds in 1885 | £500,000.00 pounds in 1890 |

£1,000,000 pounds in 1885 | £1,000,000.00 pounds in 1890 |

Our calculations use the following inflation rate formula to calculate the change in value between 1885 and 1890:

CPI in 1890
CPI in 1885

×

1885 GBP value

=

1890 GBP value

Then plug in historical CPI values. The U.K. CPI was 8.8 in the year 1885 and 8.8 in 1890:

8.88.8

×

£1

=

£1 in 1885 has the same "purchasing power" or "buying power" as £1 in 1890.

To get the total inflation rate for the 5 years between 1885 and 1890, we use the following formula:

CPI in 1890 - CPI in 1885CPI in 1885

×

100

=

Plugging in the values to this equation, we get:

8.8 - 8.88.8

×

100

=

Politics and news often influence economic performance. Here's what was happening at the time:

- King Leopold II of Belgium makes Congo his own personal, colonial possession.
- Congo is given to Belgium whilst Nigeria is awarded to Great Britain during the Berlin Conference
- Bismarck, German chancellor, conquers Cameron and Togoland
- Louis Pasteur conducts the first successful test of an anti-rabies vaccine
- Gottlieb Daimler invents the first motorcycle.

Raw data for these calculations comes from the composite price index published by the UK Office for National Statistics (ONS). A composite index is created by combining price data from several different published sources, both official and unofficial. The Consumer Price Index, normally used to compute inflation, has only been tracked since 1988. All inflation calculations after 1988 use the Office for National Statistics' Consumer Price Index, except for 2017, which is based on The Bank of England's forecast.

You may use the following MLA citation for this page: “£1 in 1885 → 1890 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 15 Oct. 2021, https://www.officialdata.org/uk/inflation/1885?amount=1&endYear=1890.

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.

Average inflation rate | 0.00% |

Converted amount (£1 base) | £1 |

Price difference (£1 base) | £0.00 |

CPI in 1885 | 8.800 |

CPI in 1890 | 8.800 |

Inflation in 1885 | -3.30% |

Inflation in 1890 | 0.00% |

£1 in 1885 | £1 in 1890 |