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$21-$22 in 2010 terms

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15y ago

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Around 1880 the purchasing power of one shilling was very roughly comparable to four pounds now.


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The Australian Dollar had not yet been floated in 1981 and was tied to the US Dollar. In 1981 One Australian Dollar was equal to One US Dollar. One Dollar AUD in 1981 had the purchasing power of about $2.85 AUD today. One Dollar AUD in 1981 had the purchasing power of about $2.64 USD 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.


If the purchasing power of th US dollar is greater than that of the Canadian dollar what can you infer about the relative strength of the two currencies?

If the purchasing power of the US dollar is greater than that of the Canadian dollar, it suggests that the US dollar is stronger relative to the Canadian dollar. This means that one dollar can buy more goods and services in the US compared to what a Canadian dollar can buy in Canada. Consequently, this difference in purchasing power often indicates a higher value of the US dollar in foreign exchange markets. It may also reflect economic factors such as inflation rates, interest rates, and overall economic stability in each country.


Value of one pound in 1880?

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How does a 1880 one dollar silver coin looks like?

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