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In 1930, dollars were backed by gold. You could take a $20 paper dollar and receive from the US> Treasury a $20 gold piece. If you were smart enough to do that, you would have 50,000 twenty $ gold pieces today. That would be worth exactly $68,392,575.00 today. (that's 48,375 troy ounces @ $1412.00 spot price as of tonight-Dec 5) That is the Bullion value, collector value of the coins aside.
Now if you want to use the inflation factor to determine value, you must depend on government figures. That can be a problem. They change how they determine the consumer price index often as well as calbrating "inflation" We have no inflation now according to the government. Looked at gas, food, medical care prices lately?? Or I forgot, they don't count those things.
Hope this helped.
What else can I help you with?
How much would 130000 in 1930 be worth today?
How much would 130000 dollars from 1980 be worth today
What would 100 American dollars in 1930 would be worth today?
about $1400
How much would 100 dollars from 1930 be worth today?
To calculate the equivalent value of $100 from 1930 in today's dollars, we need to adjust for inflation. According to the Bureau of Labor Statistics' inflation calculator, $100 in 1930 would be equivalent to approximately $1,571.42 in 2021. This means that the purchasing power of $100 in 1930 is significantly higher than it is today due to the effects of inflation over time.
How much would 1500 from 1930 be worth today?
To determine the value of $1,500 from 1930 in today's dollars, you can use the Consumer Price Index (CPI) to account for inflation. As of October 2023, $1,500 from 1930 is approximately equivalent to around $24,000 to $25,000 today, depending on the specific inflation rate used. This illustrates how the purchasing power of money changes over time due to inflation.
What would 35000 pounds sterling in 1930 be worth today?
£35,000 GBP in 1930 had the purchasing power of about £148,072.50 GBP 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.
What would 70000000 dollars in 1930 be worth today?
$ 962.3 million (based on consumer price index)
How much would 130000 in 1930 be worth today?
How much would 130000 dollars from 1980 be worth today
What would 100 American dollars in 1930 would be worth today?
about $1400
How much would 100 dollars from 1930 be worth today?
To calculate the equivalent value of $100 from 1930 in today's dollars, we need to adjust for inflation. According to the Bureau of Labor Statistics' inflation calculator, $100 in 1930 would be equivalent to approximately $1,571.42 in 2021. This means that the purchasing power of $100 in 1930 is significantly higher than it is today due to the effects of inflation over time.
What was a nickel in cents back in the 1930?
It was worth 5 cents same as today.
How old would you be if you were born n 1930?
If you were born in 1930, you would be about 84 years old today, in 2014! :)
What would 2400.00 be worth in 1930?
$2,400.00 in 1930 had the same buying power as $33,003.49 in 2016.
How much would 1500 from 1930 be worth today?
To determine the value of $1,500 from 1930 in today's dollars, you can use the Consumer Price Index (CPI) to account for inflation. As of October 2023, $1,500 from 1930 is approximately equivalent to around $24,000 to $25,000 today, depending on the specific inflation rate used. This illustrates how the purchasing power of money changes over time due to inflation.
What are the release dates for A Million Me's - 1930?
A Million Me's - 1930 was released on: USA: April 1930
What is 1930 japan yen worth today?
If you are asking what the value of a yen in 1930 is compared to today, about 659 yen. So something that cost 1 yen in 1930 would cost 659 yen today, or about $7.60 US. If you are looking for the collector's value of the actual printed note today, 5 and 10 yen notes range from $3 for a well used one to about $50 for a perfect, never circulated or folded one.
What would 35000 pounds sterling in 1930 be worth today?
£35,000 GBP in 1930 had the purchasing power of about £148,072.50 GBP 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.
What are the release dates for Today - 1930?
Today - 1930 was released on: USA: 1 November 1930
