Saw this on twitter and thought it was interesting.
https://www.measuringworth.com/calculators/ppoweruk/
So an Edward I penny had an equivalent worth of about £63 in labour in AD 1270. Bet they were miffed at losing them then, especially purse losses!
Old currency worth calculator
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Re: Old currency worth calculator
That's great Tom, thank you for the link.
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Re: Old currency worth calculator
Thanks Tom but I don't really understand why the Real wealth or buying power was £3.64 for a penny in 1270 but the Labour Value is £63.28? Can you explain?
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Re: Old currency worth calculator
As I suffer from dyscalculia I can't make head nor tail of it.tomredmayne wrote:Saw this on twitter and thought it was interesting.
https://www.measuringworth.com/calculators/ppoweruk/
So an Edward I penny had an equivalent worth of about £63 in labour in AD 1270. Bet they were miffed at losing them then, especially purse losses!
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Re: Old currency worth calculator
That makes finding hammered coins even more interesting knowing what they equated too back then, and something I have often wondered abouttomredmayne wrote:Saw this on twitter and thought it was interesting.
https://www.measuringworth.com/calculators/ppoweruk/
So an Edward I penny had an equivalent worth of about £63 in labour in AD 1270. Bet they were miffed at losing them then, especially purse losses!