On 23/09/2012 11:40 AM, Nivard Ovington wrote: > Hi Charles > There are various ways to value money in one period in modern terms > One calculator can be found here > http://www.nationalarchives.gov.uk/currency/ > But there are many more > Which suggests your £600 (gbp) in 1870 would be over £24k in 2005 > Many more ways here > http://projects.exeter.ac.uk/RDavies/arian/current/howmuch.html > Nivard Ovington in Cornwall (UK) I'm always a bit intrigued by *how* these currency value converters work? I find it helpful to think of two particular areas: wages and housing. E.g. £600GBP in 1871 would buy you a dozen houses, or pay the wages of 20-30 living-in servants for a year, or 10-15 teachers, even 10-12 clergymen in a poor livings! Kind regards, John Henley. > > On 23/09/2012 11:32, Charles Hawker wrote: >> Thank you Nivard,it was 1871,so quite a bit from what you say. >> >> Regards,Charles >

On Sun, 23 Sep 2012 12:47:32 +0100 johnfhhgen <[email protected]> wrote: Hello johnfhhgen, >I'm always a bit intrigued by *how* these currency value converters >work? <http://www.measuringworth.com/ppoweruk/> uses RPI and average earnings to calculate two values. They also have an article about various methods of calculating worth and which ones yield best results for various criteria. See <http://www.measuringworth.com/indicator.php>. Of course, the whole area can be a minefield. -- Regards _ / ) "The blindingly obvious is / _)rad never immediately apparent" Just stop and take a second U & Ur Hand - P!nk