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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 times

Example:

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!

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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 - 1901

If Mr. Crawford was earning £700 per year today he would earn £53480.00

If you run this calculation through the website listed below the answer is slightly different by 4 pounds between 1836-1901.

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How much was a shilling worth in 1802?

In 1802, a shilling was worth 12 pence in British currency. This was part of the pre-decimal system where there were 20 shillings in a pound. Therefore, a shilling was equivalent to 1/20th of a pound. The value of a shilling in terms of purchasing power would have varied depending on the economic conditions of the time.


What was one pound worth in 1900?

In 1900, one British pound was worth approximately $4.86 in U.S. dollars. This value reflects the exchange rates and economic conditions of the time, which were significantly different from today. However, due to inflation and changes in purchasing power, the actual value of a pound in terms of contemporary goods and services would be much higher today.


How much was one pound worth in 1915?

In 1915, one British pound was worth approximately $4.76 in U.S. currency. However, currency values can fluctuate based on various factors, including inflation and economic conditions. It's important to note that the purchasing power of one pound in 1915 was significantly greater than today due to inflation over the past century.


Would were five shillings worth in Victorian times?

A house-maid's wages for a week [but she would also be fed and housed], or about 8 gallons of beer [if you wanted to damage your liver].


What would Five Shillings be worth in Victorian times?

"Victorian times" covers the period from 1837 to 1901 inclusive. Five Shillings GBP in 1850 had the purchasing power of about £19.15 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.