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money conversions

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ProfilePosted byOptionsPost Date

Tracey

Tracey Report 29 Feb 2004 08:19

I received a will yesterday from 1912 and my rellie left £1,912. Does anyone know what that would be worth in todays money? Tracey

Geoff

Geoff Report 29 Feb 2004 09:13

Possibly about £120,000. It's not really possible to compare, in my opinion; the things that people buy nowadays are so different. A century ago they paid their rent, bought their food and a new dress/pair of trousers every year. £2000 would have bought four good houses. This tells you about "the value of the pound" http://www.parliament.uk/commons/lib/research/rp2003/rp03-082.pdf

Brooke

Brooke Report 29 Feb 2004 09:20

I checked out: http://www.eh.net/ehresources/howmuch/poundq.php and put in the figures you gave and it came up with this amount £118.669.79. This amount is equal to what it would have been in 2002, that's as close as you can get. Try for yourself just to check. I hope it helps.

Tracey

Tracey Report 29 Feb 2004 09:20

Thanks for your replies Geoff and Brooke. Will have a look at those sites now. Tracey

Maz (the Royal One) in the East End 9256

Maz (the Royal One) in the East End 9256 Report 29 Feb 2004 10:54

Here's another website for the current value of old money http://www(.)ex(.)ac(.)uk/~RDavies/arian/current/howmuch/html remove brackets as usual! Maz. XX