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My research is incomplete, but here is what I've found so far: In 1949 the pound was devalued to $2.80. In the early sixties there was downward pressure on the pound. In 1967 the pound was devalued to $2.40. Information obtained from Wikipedia.
What would 1 pound in 1961 be worth today
Olivia Pound died in 1961.
The Austin Prod Inc. stone horse sculpture from 1961 is valued at about 250 dollars in excellent condition. The sculpture is called To Horse and was created by K. Swildens.
1961 is not a hard date to come by for Franklin half dollars. Actually all Franklin half's (1948-1963) regardless of mintmark are common and most circulated coins are valued for the silver only, about $12.00
Australian Book Review was created in 1961.
Australian Writers' Guild was created in 1961.
The Pennies are probably bronze, and the "Two up" set is available at most Australian Souvenir shops for a few dollars.
South African pound ended in 1961.
1 pound
.05
Martin McManus - Australian politician - was born in 1961.