Five Shillings GBP in 1803 had the purchasing power of about £16.80 GBP today.
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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 timesExample: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!---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 - 1901If Mr. Crawford was earning £700 per year today he would earn £53480.00If you run this calculation through the website listed below the answer is slightly different by 4 pounds between 1836-1901.---
The British Shilling converted to 5 New Pence at decimalisation. The Australian and New Zealand Shillings, amongst many others, converted to 10 cents at decimalisation.
Pound; l (lower-case L) or more commonly, £ with an extra cross-bar. Shilling (i.e. 12 pennies); s (lower-case), or /- if there are no 'pound' units, and no pennies. Pennies; d (lower-case). example: Two pounds, five shillings and sixpence.... £2 5s 6d five shillings.... 5/- five shillings and sixpence.... 5/6d
Five Shillings GBP in 1843 had the purchasing power of about £18.67 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.
Five Shillings GBP in 1650 had the purchasing power of about £20.45 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.