Q: How much was a pound worth in 1916?

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88

90 lire was one pound

estimated 8.709954 Euros

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.

According to one calculation, a pound sterling in 1400 was worth 542 pounds in 1999. Inflation since 1999 makes that 820 pounds and 53 pence in 2014. A shilling was therefore worth about 41 pounds in 2014 money and a penny was worth 3.5 pounds. You can see why they divided pennies into groats.

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In 1912, a pound was worth about 87 ounces of what it is today.

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The rate that the Euro is worth against the pound will vary from time to time. as of August 3rd the Euro is worth 1.1511 88 and the Pound is .0868668 so much less then the Euro

88

1 pound sterling is worth about 1.19 Euros