Want this question answered?
Be notified when an answer is posted
Five Shillings GBP in 1803 had the purchasing power of about £16.80 GBP today.
Pound; l (lower-case L) or more commonly, £ with an extra cross-bar. Shilling (i.e. 12 pennies); s (lower-case), or /- if there are no 'pound' units, and no pennies. Pennies; d (lower-case). example: Two pounds, five shillings and sixpence.... £2 5s 6d five shillings.... 5/- five shillings and sixpence.... 5/6d
As a 1000 shillings is equivalent to £1 and as 1 shilling was worth roughly £3.82 in Victorian times, 1,000 shillings multiplied by £3.82 = £3,827.50. This is what the British pound was worth in Victorian timesExample:If Mr. Crawford was earning £700 per year, this would be equivalent to Mr. Crawford earning £2,679,250 per year in today's economy. So think again before you read another Jane Austin novel and you think you're earning more than the lead character in the story, cause actually he may be a millionnaire!---How much was a British pound worth in Victorian times?The above calculation is wrong. In the pre-1971 currency LSD (Lirasi shillings and denari) There were 20 shillings to the pound not 1000! Each Shilling was 12 Denari (pence). There were 5 shillings to a Crown.This would make the calculation above 20 shillings x £3.82 = £76.40 (approximatly using the retail price index) during the Victorian period 1836 - 1901If Mr. Crawford was earning £700 per year today he would earn £53480.00If you run this calculation through the website listed below the answer is slightly different by 4 pounds between 1836-1901.---
Five Shillings GBP in 1650 had the purchasing power of about £20.45 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.
Five Shillings GBP in 1843 had the purchasing power of about £18.67 GBP today. NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.
4 pounds 5 shillings = 4.25 pounds. This is equivalent to 10,500 pounds approximately in 2012 prices, in terms of inflation in the Consumer Price Index.
Now it is 25p...... At the time when we in UK still had shillings & pence it was a considerable amount of money. If you got 5 shillings pocket money you were very well off indeed. Just think 25 P wont even get you a mars bar now...
The Sovereign face value = 1 Pound or 20 Shillings - now 1 Pound The Half-Sovereign face value = 10 Shillings - now 50 Pence The old Crown of Five Shillings = 25 Pence The Halfcrown = 12.5 Pence The Florin of Two Shillings = 10 Pence The Shilling = 5 Pence The Sixpence = 2.5 Pence The Threepence = 1.25 Pence The old Penny = 0.416 Pence The old Halfpenny = 0.208 Pence The Farthing = 0.104 Pence
One old shilling is the equivalent of a modern 5 pence (each being 1/20 of a pound). Shillings were still legal tender as 5 pence until the early 1990s. 12 times 5 is 60 pence.
The coins of James I are as follows -First Coinage 1603-1604Gold coins -Sovereign (20 Shillings)Half-Sovereign (10 Shillings)Crown (5 Shillings)Halfcrown (2 Shillings and Sixpence - 2/6)Silver coins -Crown (5 Shillings)Halfcrown (2 Shillings and Sixpence - 2/6)ShillingSixpenceHalfgroatPennyHalfpennySecond Coinage 1604-1619Gold coins -Rose-ryal (30 Shillings)Unite (20 Shillings)Spur-Ryal (15 Shillings)Angel (10 Shillings)Half-angel (5 Shillings)Double-crownBritain crownThistle crown (4 Shillings)HalfcrownSilver coins -Crown (5 Shillings)Halfcrown (2 Shillings and Sixpence - 2/6)ShillingSixpenceHalfgroatPennyHalfpennyCopper coins -FarthingThird Coinage 1619-1625Gold coins -Rose-ryal (30 Shillings)Laurel (20 Shillings)Spur-Ryal (15 Shillings)Angel (10 Shillings)Half-laurel (10 Shillings)Quarter-laurel (5 Shillings)Silver coins -Crown (5 Shillings)Halfcrown (2 Shillings and Sixpence - 2/6)ShillingSixpenceHalfgroatPennyHalfpennyCopper coins -FarthingIn 1612, all coins had their value increased by 10%, but seem to have reverted to their original values by 1619.
Yes, shillings were minted up to 1967. Because they were equivalent to 5 pence they continued to circulate alongside 5p coins until that denomination was reduced in diameter in the early 1990s.
5 Shillings GBP in 1950 had the purchasing power of about £5.74 GBP today. 5 Shillings GBP in 1950 had the purchasing power of about $9.45 USD today.
Immediately prior to Britains conversion to decimal currency in 1971, predecimal coins in circulation included the - Crown (Five Shillings) - equivalent to 25 New Pence Halfcrown (Two Shillings and Sixpence) - equivalent to 12.5 New Pence Florin (Two Shillings) - equivalent to 10 New Pence Shilling - equivalent to 5 New Pence Sixpence - equivalent to 2.5 New Pence Threepence - equivalent to 1.25 New Pence Penny - equivalent to 0.416 New Pence Halfpenny - equivalent to 0.208 New Pence The further back in time you go, the greater the variety of coins that were used.
you would be able to buy a goose(7 shillings), pudding(5 shillings), and oranges, sage, and onions(3 shillings)
5 shillings in pre-decimal British currency was 0.25 of one pound sterling.
6 Shillings GBP in 1812 had the purchasing power of about £13.43 GBP today. 6 Shillings GBP in 1812 had the purchasing power of about $21.84 USD today. NOTE - This historical conversion is the result of many calculations and considerations for which I cannot take credit. The resulting answer should only be regarded as an approximation.
A predecimal Half-Sovereign was equal to 10 Shillings. A predecimal Crown was equal to 5 Shillings. A predecimal Halfcrown was equal to 2 Shillings and Sixpence (or 2 and a half Shillings). So there would be 4 Halfcrowns in a Half-Sovereign.