£189 in 1920 is worth £11259.97 today

£
£ 11'259.97

The Impact of Inflation on value of £189 from 1920 to 2024

In 1913 the price of £189 is approximately equal to £11259.97 in 2024. Prices changed by 4.22% (or £106.45) per year on average during that period. It means that every purchase will cost you 59.58 times as much.
Inflation is a powerful force that can erode the purchasing power of money over time. For anyone curious about the value of £189 in 1920 and what it would be worth in 2024, this page provides a detailed analysis using the cumulative price change, average inflation rate, and other key financial indicators.


How Much is £189 in 1920 Worth Today?

  • Converted Amount: The £189 from 1920, adjusted for inflation, would be equivalent to £11259.97 in 2024.
  • Cumulative Price Change: Over this period, the cumulative price change has been 5857.66%.
  • Average Inflation Rate: The average annual inflation rate between 1920 and 2024 has been 4.22%.
Inflation from 1920 to 2024
Cumulative price change 5857.66%
Average inflation rate 4.22%
Converted amount 11259.97
Price difference 11070.97
CPI in 1920 2.22
CPI in 2024132.26
Inflation in 192011.00%
Inflation in 20241.35%
189 in 192011259.97 in 2024

Key Financial Indicators:

Consumer Price Index (CPI) Comparison

  • CPI in 1920: 2.22
  • CPI in 2024: 132.26

Inflation Rate at 1920 and 2024

  • Inflation in 1920: 11.00%
  • Inflation in 2024: 1.35%

Price Difference

  • The price difference between 1920 and 2024 is £11070.97.

1920 to 2024 Inflation Calculator

To understand the transformation of £189 from 1920 into 2024 British Pounds, consider the following table:

YearCPIInflation rateValue in 2024
19202.2211.00%£189
2024132.261.35%£11259.97

This table highlights the key figures that affect how the value of money changes over time due to inflation.

Buying Power of £189 in 1920

£189 in the year 1920 is now worth £11259.97 in 2024, showing a substantial increase of £11070.97 over the years. This change underscores how the average inflation rate of 4.22% annually has eroded the purchasing power of the British Pound.

Inflation from 1920 to 2024
Cumulative price change 5857.66%
Average inflation rate 4.22%
Converted amount 11259.97
Price difference 11070.97
CPI in 1920 2.22
CPI in 2024132.26
Inflation in 192011.00%
Inflation in 20241.35%
189 in 192011259.97 in 2024