Best Answer

Alexandre Dumas relates that 100 pistoles are worth 1,000 livres tournois (The Three Musketeers), which share a 1:1 relationship with the livre (wikipedia). A pistole, then, shares a 1:10 ratio with the livre.

An unskilled laborer in 1650 earned 1 pistole/diem (10-hour days). Because the work days were 10 hours we can conclude that an unskilled laborer was paid 1 livre/hour. (Gerry Lalonde, MONETARY VALUES IN 1650 - 1750 IN NEW France COMPARED TO TODAY)

The 2009 federal minimum wage is $7.25/hour. (infoplease.com, Federal Minimum Wage Rates, 1955-2009)

So, we could conclude that:

40 pistoles = 320 USD

However, remembering cost of living... (Gerry Lalonde)

4 lbs of bread in 1650 cost 4 sols (2 livres - $14.50)

1 lb of butter cost 12 sols (6 livres = $43.50 today it costs $2.80)

Whereas in 1650 it cost about 3 livres a day to feed a man (or 30% of his income), today between 19 and 25% of income is spent on food for those earning under $20,000/year (www.ers.usda.gov) - and a loaf of bread doesn't weigh 4 lbs anymore. So, take these rough calculations for what they are worth...I'd say 40 pistoles is worth roughly 300 bucks in 2009 and 2009 only...the value of the dollar changes more than ocelyn Wildenstein's face, so who knows what 40 pistoles is worth an hour from now.

Q: How many dollars equals 40 pistoles?

Write your answer...

Submit

Still have questions?

Continue Learning about Finance

40% of 30 equals 12 dollars

65.88USD without bank fees or fluctuation (correct as per 29 december 2013)

As of 8th June 2009, £40 = $64.06

180800 crore rupees

well just divide 40 million by 100 and there you go

Related questions

40% of 30 equals 12 dollars

40 percent of 70 is 28.Therefore 40% of 70 dollars equals 28 dollars.

It was 40 dollars!It was 40 dollars!It was 40 dollars!It was 40 dollars!

Yes, 40 quarters equals 10 dollars because 40 quarters=1000 pennies which=10 dollars.

40 percent of $36 dollars equals $14.40, so 40 percent off $36 leaves $21.60 remaining.

A nickel is 5 cents. 40 nickels are worth 40*5 = 200 cents, or $2.

$83,200

Each ducat is worth $148.83 (US Dollars). So, 40 ducats is now worth $5,953.20 (US Dollars) in 2021.

There is 160 quarters in $40. This is because there is 4 quarters for every dollar. So $40 multiply by 4 equals 160 quarters.

It is 40 dollars.

40 nickels into dollars is 2 dollars. This is because the ratio of nickels to dollars is 1:0.05. So 40 multiply by 0.05 = to 2 dollars

65.88USD without bank fees or fluctuation (correct as per 29 december 2013)