One Penny GBP in 1300 had the purchasing power of about £1.51 GBP today.
What would 1 sestertius be worth today in Australian dollars
1. It took place around 1300 BC 2. Was waged against the city of Troy.
Your question cannot be answered completely because ancient Rome had no coin comparable to our dollar. Remember too, that the Roman coins were of pure metals. For example a denarius had 3 grams of pure silver and would be worth about $300 dollars today. This was one day's pay for an unskilled worker and it certainly was not valued as we would value it today. Using the denarius as a marker, a thousand dollars would be worth 3 denarii and 5 1/2 asses, or thereabouts depending on the price of silver at present. But remember, this is in present day values, the ancients had much lower values for their coins.
"1 million USD." IS NOT ACCURATE) A gold ducat (like those referenced in Shakespeare's "The Merchant of Venice") are composed of about .1107 troy ounces of gold. .1107 oz. x 3,000+ 332.1 troy ounces of gold. At $908 per oz.- U.S market price as of 9/30/30 (see www.taxfreegold.co.uk/goldpricesall.html for current prices) 3,000 ducats would be worth $301,456. Realize that gold is at a long term high at this time.
There were no Greek coins produced in 1940 (actually, none between 1931 and 1953), so presumably you are talking about a bill. As a collectible, the bill's value would depend on its condition. As a matter of foreign exchange, approximately zero. The drachma is no longer in use, having been replaced by the Euro in 2002 (at a rate of 340.75 drachmas = 1 Euro). As of May 13, 2011, the Euro is worth US$1.4140. This implies that the exchange rate of 10 drachmas would be US$0.041496, or about 4 cents. However, that refers to the third modern drachma, in place since about 1954, replacing the second modern drachma at 1000 to 1. The second modern drachma, meanwhile, had replaced the first modern drachma at a rate of 50,000,000,000 to 1 in 1944 (there was some fairly severe hyper-inflation in Greece during World War II). Thus 10 1940-era drachmas would have an exchange rate (if they were still in fact exchangable, which they're not) value of 0.041496/1000/50000000000, which equals US$0.00000000000000082993397, or about 83 quadrillionths of a US cent ( a "quadrillionth" is a millionth of a billionth). As I said, approximately zero.
1 pence.
1 pence (.01 pound) = 0.014 US$
12 pence =1 shilling 240 pence = 1 pound 20 shillings = 1 pound
There are 10 ten pence coins in £1, as £1 is equal to 100 pence. Therefore, if each coin is worth 10 pence, you can divide 100 pence by 10 pence to find that 10 ten pence coins make up £1.
If you had 1 million pounds in 1 pence coins, you would have a total of 100 million 1 pence coins. This is because there are 100 pence in 1 pound, so 1 million pounds would be equivalent to 100 million pence. Each pence coin represents 1 pence, so the total number of coins would be 100 million.
1 pence
British coins currently in circulation and worth less than 1 Pound GBP are - 1 Penny 2 Pence 5 Pence 10 Pence 20 Pence 50 Pence
Given the inflation rates since 1978 - about 12 pence !
$50.00
1 lolly pop
A five pence coin is worth 5 pence, and 7 pennies are worth 7 pence, making the total value 5 + 7 = 12 pence. Since each 2p coin is worth 2 pence, you can determine how many 2p coins equal 12 pence by dividing 12 by 2. Thus, 12 pence divided by 2 pence per coin equals 6. Therefore, 6 two-pence coins have the same value as 1 five pence coin and 7 pennies.
One pre-decimal pound was 20 shillings, one shilling was 12 pence, so one pound was 240 pence.