Can anyone point me to a site that converts 1940s £ Sterling to $ U.S. or vice versa??? Or can tell me what 1942 £35,000 would have been in 1942 $ U.S.?
I often wonder this in a 'what does that figure represent today' manner because of that weapons cost thread. Never entirely sure it can be done in a truly meaningful way, unless you work on relative purchasing power, but even that's a bit tricky. On your specific query, all I can find on Historical auto-ER-converters only go back as far as 1990, so you'd possibly have to manually find the figures for the period needed. Best I can so far find is by-decade stuff from wiki on dollars. Tables of historical exchange rates to the United States dollar - Wikipedia, the free encyclopedia But doubtless you'd got that far already. Might help?: Graph of £/$ exchange rate (1915 - today) There's a few sites out there which list the historical price of some items (I usually try and compare things to the price of a loaf when looking at C16th/17th history), but it's patchy and there are so many variances it can get mind-meltingly complex, even directly misleading if some factor affecting price by date is missed.
Can anyone point me to a site that converts 1940s £ Sterling to $ U.S. or vice versa??? Or can tell me what 1942 £35,000 would have been in 1942 $ U.S.? The rate quoted in The Times throughout 1942 was $4.03 to the pound. I make that $141050
Which actually sounds about right for a relatively crude Tank in modern terms. Abrams maybe c.$4m? And a more substantial investment in Tech, production & Materials, without the 40s' economies of scale.
Thaks for that - I make that ~five Lancasters at $141,050 for the cost of a $750,000 B-29 Superfortress!
Can anyone point me to a site that converts 1940s £ Sterling to $ U.S. or vice versa??? There's How Much Is That? | Economic History Services which now points to Measuring Worth - Measures of worth, inflation rates, saving calculator, relative value, worth of a dollar, worth of a pound, purchasing power, gold prices, GDP, history of wages, average wage. Take your pick but I prefer the former's menu as far less cryptic. :twocents: Steve
