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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The old British monetary system had 20 shillings to the pound and 12 pence to the shilling. So it was, alternatively, worth 1/20 of a pound, or 12d.
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].
"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.
88
In 1750, it was worth 148.490% of what it is worth in 2005. (See link below). 150% of 1 is 1.5 so 1 pound would be worth 1.5 pounds.
The British pound of the Victorian Era was the most valuable currency in the world. It was worth about 100 times more than what it is worth today.
A british pound today is worth a pound!
In 1762, the British pound was worth about four times more than the U.S. dollar.
1.94729 POUND/USDOLLAR
The pound is worth more than the Euro.
0.70
Is a dollar more money than a british pound?
One pound is worth 1.2021 Euros.
It was worth one pound.
One British pound was worth about US$4.86 at that time.
67.50
A British Pound in 1967 had the purchasing power of about £12.15 GBP today.