When using the CPI/RPI, the (average) value in 1930 of £5 from 1930 is $24.31. The range of values is from $24.31 to $24.31. This answer is better if the subject is a consumer good or something else of interest to an individual.
When using the GDP deflator, the (average) value in 1930 of £5 from 1930 is $24.31. The range of values is from $24.31 to $24.31. This answer is better if the subject is a capital investment or government expenditure
| Value in 1930 of £5 from 1930 | |||
|---|---|---|---|
| Converted in | Converted using | Average dollar price per pound that year | |
| CPI / RPI | GDP Deflator | ||
| 1930 | $24.31 | $24.31 | 4.862 |
| Average | $24.31 | $24.31 | |
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Lawrence H. Officer and Samuel H. Williamson, "Computing 'Real Value' Over Time With a Conversion Between U.K. Pounds and U.S. Dollars, 1791 to Present", MeasuringWorth, URL http://www.measuringworth.com/exchange/
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