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What was the value of one Australian dollar in 1967 compared to one dollar in 2011?
Wiki User
∙ 11y ago
One Dollar AUD in 1967 had the purchasing power of about $6.70 AUD today.
NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program. The resulting answer should only be regarded as an approximation based on current exchange rates.
Wiki User
∙ 11y ago
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What is the value of twenty shares of Tosco Corporation purchased in may of 1967?
$ 35000 dollar
What is the value of a 1967 Kennedy dollar?
The US didn't make any $1 coins from 1936 to 1970 inclusive. Please check the back of your coin - it's a HALF dollar.
What is the value of a 1980 dollar in todays dollars?
Compute the Relative Value of a U.S. Dollar Amount, 1774 to Presenthttp://www.measuringworth.com/uscompare/ In 2007, $1.00 from 1980 is worth:$2.52 using the Consumer Price Index$2.22 using the GDP deflator$3.07 using the value of consumer bundle$2.43 using the unskilled wage$3.74 using the nominal GDP per capita$4.95 using the relative share of GDPin/de-flation, fiat money, gold of $1There are a few ways to decide the answer to this question. One is based on the value of the item the dollar was based on, another is to base it on the current and past buying power of one dollar, lastly you can observe and compare with other major nations values with today, then there's a semi-complicated process of taking the rate of inflation and working that out for 72 years. Here's a short history lesson and conclusion about just gold and fiat money. From the beginning of coins and money, almost all currencies have been based on the value of gold or silver. In societies and countries where all money was made of gold, there could be no devaluation of the currency, only fluctuations in the prices of individual commodities.Once "fiat" money had been invented, it became worth what a consensus of people thought it was worth. "Fiat money" is money which has a value which is not represented by its intrinsic metal content. It also became easy for governments to issue more money than they held in reserves.n 1934 or 1935, the USA fixed the price of gold at $35 per ounce. This was done not to stabilize the price of gold against the dollar, but the opposite, to stabilize the value of the dollar because it had a fixed exchange rate for gold. This was done to restore confidence in the dollar and the US economy after the 1929 share collapse and the depression of the 1930's. It appears to have worked, because the USA, with its almighty dollar, became the powerhouse of world trade, and the richest nation on earth. Most good things come to an end, though, and by about 1967, most of the world did not believe the dollar was still worth 1/35th of an ounce of gold, or put another way, they believed that gold was worth more than $35 per ounce. USA had to sever the tie between gold and the dollar, allowing gold to start its meteoric rise from $35 per ounce to a peak of $850. Most charts put together compares the buying power with 1980. If you held onto one dollar until 1980 you would lose in appreciation approximately 82 cents based on inflation, cost of goods sold, and price of commodities. The numbers have nearly multiplied by 1.5 in inflation since that time. You can do the math.
How much is a 2 dollar bill worth in 2011?
It all depends on how old it is and the condition it's in. it also depends on what store you go into as well. Say you walk into an averadge supermarket and buy about 50$ worth of stuff. All you have as a mint condition 1967 2 dollar bill. If you hand to the cashier they wont take a second look before handing it back to you and saying "I'm sorry you don't have enough".
What was a 1967 British Pound worth in today's values?
A British Pound in 1967 had the purchasing power of about £12.15 GBP today.
What is the value of an Australian 5 Dollar note from 1907?
Australia did not have its own currency in 1907. The Australian Five Pound note was first issued in 1914. The Australian Five Dollar note was first issued in 1967.
What is the value of a 1967 Australian Penny?
The last Australian Penny was minted in 1964.
What is the value of 1967 quarter dollar?
A 1967 Washington quarter has no silver and is face value.
What is the value of a 1967 Australian 50 cent error coin?
Such a coin does not exist. There were no Australian 1967 50 cent coins minted.
What is the value of an Australian nickel from 1967?
Australia does not have a "nickel" coin.
What is the value of a 1967 US one dollar bill?
Check the date again. US dollar bills were not made in 1967.
What is the value of an 1967 US half dollar?
About $4-5
What is the value of a 1967 Australian One Dollar note BPK?
An Australian 1974 One Dollar note (Phillips/Wheeler - serial BPK), uncirculated and in absolute mint condition could fetch up to $85 AUD. If it has circulated but still in good condition, it might fetch anything from $4 to $20 AUD. NOTE - The 1967 serial range is AGE to AHY and are signed by Coombs/Randall. The Australian One Dollar note is no longer in circulation. A reputable coin dealer will be able to give a more accurate valuation.
What is the value of a 1936 New Zealand Dollar?
The first New Zealand Dollar was issued in 1967.
How much is a 1967 JFK dollar worth?
If you look on the back it's a HALF dollar, not a dollar. Value is about $2.00 for the silver content.
What is the value of an Australian Coombes Randall Two Dollar note?
An Australian 1967(?) Two Dollar note (Coombes/Randall), uncirculated and in absolute mint condition could fetch up to $295 AUD. If it has circulated but still in good condition, it might fetch anything from $40 to $110 AUD. The Australian Two Dollar note is no longer in circulation and was progressively withdrawn from circulation from 1988. A reputable coin dealer will be able to give a more accurate valuation.
What is the value of a 1967 Canadian 2 dollar centennial note?
two dollars
