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    1. Re: [LDR] LOWER-DELMARVA-ROOTS Digest, Vol 3, Issue 361
    2. Marshall
    3. Hi My Purple Rainbow, Your question is not the easiest one to answer. However, a good summary of the various ways to look at currency values over the ages can be found at: http://projects.exeter.ac.uk/RDavies/arian/current/howmuch.html. If you branch off from that resource, go to www.measuringworth.com/indicator.html. If you choose 1792 as the beginning date and 2007 as the ending date, you should end up with a value of 435.43 Pounds using the Retail Price Index (RPI), which is the UK version of the US Consumer Price Index (CPI). This would represent 4,947.58 Pounds of Average Earnings. This is assuming I entered the information correctly. My understanding is that the British Pound Sterling at that time was equal to 20 shillings or 240 pence. Using a current conversion chart for UK Pounds to US $, it appears that 1 Pound Sterling is worth $1.627 at today's rates. You would have to get the opinion of others with better knowledge of historical finance and math, but see below for my guess of the correct calculations for today's values: * 435.43 X 1.627 = $708.44 representing Goods & Services. * 4,947.58 X 1.627 = $8,049.71 representing Average Earnings. This information may or may not answer your question, so I will leave it to others on the list to take a shot at it. Best regards, Marshall Hatfield -----Original Message----- From: lower-delmarva-roots-bounces@rootsweb.com [mailto:lower-delmarva-roots-bounces@rootsweb.com] On Behalf Of lower-delmarva-roots-request@rootsweb.com Sent: Saturday, November 01, 2008 3:01 AM To: lower-delmarva-roots@rootsweb.com Subject: LOWER-DELMARVA-ROOTS Digest, Vol 3, Issue 361 LOWER-DELMARVA-ROOTS Administrivia For information about the Lower Delmarva Roots Mailing List, including list guidelines and instructions for unsubscribing and subscribing, see the LDRoots FAQ: http://www.tyaskin.com/handley/ldrfaq.htm Today's Topics: 1. Currency Converter (My Purple Rainbow) ---------------------------------------------------------------------- Message: 1 Date: Fri, 31 Oct 2008 07:45:01 -0400 From: My Purple Rainbow <mypurplerainbow@hotmail.com> Subject: [LDR] Currency Converter To: <lower-delmarva-roots-l@rootsweb.com> Message-ID: <BAY109-W381ABF6A562B6C4C7F723CBB200@phx.gbl> Content-Type: text/plain; charset="iso-8859-1" Hello, Can anyone please tell me approximately what the dollar conversion would be...if...in 1792 a piece of property was purchased for 4 pounds, 10 shillings? What would have been paid for the property in 1792? Thank you. Carole _________________________________________________________________ See how Windows connects the people, information, and fun that are part of your life. http://clk.atdmt.com/MRT/go/msnnkwxp1020093175mrt/direct/01/ ------------------------------ To contact the LOWER-DELMARVA-ROOTS list administrator, send an email to LOWER-DELMARVA-ROOTS-admin@rootsweb.com. To post a message to the LOWER-DELMARVA-ROOTS mailing list, send an email to LOWER-DELMARVA-ROOTS@rootsweb.com. __________________________________________________________ To unsubscribe from the list, please send an email to LOWER-DELMARVA-ROOTS-request@rootsweb.com with the word "unsubscribe" without the quotes in the subject and the body of the email with no additional text. End of LOWER-DELMARVA-ROOTS Digest, Vol 3, Issue 361 ****************************************************

    11/01/2008 06:19:25