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# How much was a British Pound worth in Victorian times?

Updated: 9/19/2023

Wiki User

13y ago

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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Wiki User

13y ago

Anonymous

Lvl 1
4y ago
Thanks