View £10 in 1868 → 2025
👉 You may be interested in £10 in 1868 → 2025
Value of £10 from 1868 to 2024
£10 in 1868 is equivalent in purchasing power to about £1,408.46 in 2024, an increase of £1,398.46 over 156 years. The pound had an average inflation rate of 3.22% per year between 1868 and 2024, producing a cumulative price increase of 13,984.57%.
This means that prices in 2024 are 140.85 times as high as average prices since 1868, according to the Office for National Statistics composite price index.
The inflation rate in 1868 was -0.99%. The inflation rate in 2024 was 3.26%. The 2024 inflation rate is higher compared to the average inflation rate of 2.60% per year between 2024 and 2025.
⌃
| Cumulative price change | 13,984.57% |
| Average inflation rate | 3.22% |
| Converted amount £10 base | £1,408.46 |
| Price difference £10 base | £1,398.46 |
| CPI in 1868 | 10.000 |
| CPI in 2024 | 1,408.457 |
| Inflation in 1868 | -0.99% |
| Inflation in 2024 | 3.26% |
| £10 in 1868 | £1,408.46 in 2024 |
Buying power of £10 in 1868
This chart shows a calculation of buying power equivalence for £10 in 1868 (price index tracking began in 1750).
For example, if you started with £10, you would need to end with £1,408.46 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When £10 is equivalent to £1,408.46 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 1868 dollars, the chart below shows how £10 is worth less over 156 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 1868 amounts in 2024 pounds, based on the 13,984.57% change in prices:
| Initial value | Equivalent value |
|---|---|
| £1 pound in 1868 | £140.85 pounds in 2024 |
| £5 pounds in 1868 | £704.23 pounds in 2024 |
| £10 pounds in 1868 | £1,408.46 pounds in 2024 |
| £50 pounds in 1868 | £7,042.28 pounds in 2024 |
| £100 pounds in 1868 | £14,084.57 pounds in 2024 |
| £500 pounds in 1868 | £70,422.83 pounds in 2024 |
| £1,000 pounds in 1868 | £140,845.67 pounds in 2024 |
| £5,000 pounds in 1868 | £704,228.34 pounds in 2024 |
| £10,000 pounds in 1868 | £1,408,456.69 pounds in 2024 |
| £50,000 pounds in 1868 | £7,042,283.43 pounds in 2024 |
| £100,000 pounds in 1868 | £14,084,566.87 pounds in 2024 |
| £500,000 pounds in 1868 | £70,422,834.34 pounds in 2024 |
| £1,000,000 pounds in 1868 | £140,845,668.67 pounds in 2024 |
How to calculate inflation rate for £10, 1868 to 2024
Our calculations use the following inflation rate formula to calculate the change in value between 1868 and 2024:
CPI in 2024 CPI in 1868
×
1868 GBP value
=
2024 GBP value
Then plug in historical CPI values. The U.K. CPI was 10 in the year 1868 and 1408.4566867212768 in 2024:
1408.456686721276810
×
£10
=
£1,408.46
£10 in 1868 has the same "purchasing power" or "buying power" as £1,408.46 in 2024.
To get the total inflation rate for the 156 years between 1868 and 2024, we use the following formula:
CPI in 2024 - CPI in 1868CPI in 1868
×
100
=
Cumulative inflation rate (156 years)
Plugging in the values to this equation, we get:
1408.4566867212768 - 1010
×
100
=
13,985%
Data source & citation
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 the current year, which is based on The Bank of England's forecast.
You may use the following MLA citation for this page: “£10 in 1868 → 2024 | UK Inflation Calculator.” Official Inflation Data, Alioth Finance, 26 Dec. 2024, https://www.officialdata.org/uk/inflation/1868?amount=10&endYear=2024.
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.
| Cumulative price change | 13,984.57% |
| Average inflation rate | 3.22% |
| Converted amount £10 base | £1,408.46 |
| Price difference £10 base | £1,398.46 |
| CPI in 1868 | 10.000 |
| CPI in 2024 | 1,408.457 |
| Inflation in 1868 | -0.99% |
| Inflation in 2024 | 3.26% |
| £10 in 1868 | £1,408.46 in 2024 |