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What was £1000 in 1890 worth in present day terms?
Profile | Posted by | Options | Post Date |
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Sorrel | Report | 3 Nov 2004 08:41 |
Does anyone know of a website which allows one to convert monetary values from a date in the past into present day values? eg to understand how much a relative left in a will? |
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PennyDainty | Report | 3 Nov 2004 08:57 |
Hi Sorrel yes this site does that http://rmhh.*co.uk/currency.html click on the link and remember to remove * Christine |
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Mags | Report | 3 Nov 2004 08:58 |
I don't quite believe it (but did it twice) £1000 in 1890 has the same purchasing power as £654223.02! (in 2002) Perhaps I've done it wrong! Magsx |
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Geoff | Report | 3 Nov 2004 09:07 |
Try again £65423.02 |
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PennyDainty | Report | 3 Nov 2004 09:09 |
Mags, I think you must have! LOL I get 65pounds 42pence Ha I think I'm still half asleep Geoff has it right. Better go and have a coffee to wake me up. Christine |
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Mags | Report | 3 Nov 2004 09:31 |
Too many '2's !!! LOL Must get some new glasses or a decent brain! Thanks Geoff! Magsx |
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sandra rogers | Report | 3 Nov 2004 21:51 |
hiya i have a will for 1892 and the sum was £600 and some one told me which website to go on sorry i have forgot but in 2002 it would be worth £ 37-000 |
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Geoff | Report | 3 Nov 2004 22:07 |
I'm always very sceptical about these conversions - the things you could (or could not) buy 100 years ago were so different. £1000 would buy a few houses I would imagine. |