Extensive tables run from page 1-74 in this state document, showing wages and hours for hundreds of detailed occupations, including building trades, food service, hospitality industries, brewing & bottling, printing, trucking, woodworking, manufacturing, theatrical employment, public utilities jobs, telephone operators, public transportation, barbers, engineers, radio telegraph operators, tobacco workers in cigar factories, and many more. Source: Education in the forty-eight states, table 20, WAGES in AMMUNITION and EXPLOSIVES MANUFACTURING, 1930s, WAGES in MISCELLANEOUSMANUFACTURING, 1930s, WAGES in MULTIPLE MANUFACTURING INDUSTRIES, 1930s. Because this was the time of transition from the British pound to U.S. dollar for international currency leadership, it is worthwhile to look at peso/pound rates as well. A pound today only buys 1.196% of what it could buy back then. Source: U.S. Women's Bureau Bulletin #106. 319, Prices paid by farmers for household items, 1910-1960, Cost to mail a letter or postcard, 1863-present, Money disbursements of wage earners and clerical workers, 1933-35, Money disbursements of wage earners and clerical workers, 1934-1936, Consumption expenditures per captia, 1901-1956, Family expenditures for selected cities, 1935-36, Family budgets in the American cities, 1903-1956, College student expenditures - Ohio, 1933, Family income and expenditure in west-central region, 1935-36, Wisconsin farm families - Income and expenditures, 1929-1930, Cost of clothing for moderate-income families, 1935-44, The farmer's share of the consumer's food dollar, 1937, Food diets at four levels of nutritive content and cost, 1934, Family spending patterns of the rich and poor, 1935-1936, Standard of living for minimum wage households, Detroit MI, 1929, Standards of living in four southern Appalachian Mountain counties, 1938, Standards of living in seven rural resettlement communities, 1938, Gasoline prices in foreign countries - 1936, World retail prices on gasoline, kerosene, and motor lubricating oils, Estimated cost to maintain standard of living in European countries, 1930, Cost of "Food basket" in 19 countries, 1932, Typical income and cost of living in Chile, 1928-39, Prices of hosiery in Latin America, 1928-1930, Paris, France prices listed in tourist guidebook published 1932, Prices of food and consumer goods in the Soviet Union, 1936-1940, Cost of living and fixed food prices in the Soviet Union, 1934-1935, Calculator: Present-day purchasing power of a historic dollar amount, Consumer Price Index Inflation Calculator. We see the British devaluation in September 1931 remember, this was the worlds premier international currency at the time, so it was a big deal. Shows price for a pack of cigarettes or packaged smoking tobacco. MLS # 40369724 See pages 11-55 in the 1931 U.S. Dept of Labor. Choose a decade, then a publication, then click the "View" button. This two-page table shows the rates by county, expressed in cents per hour. Source: U.S. Women's Bureau Bulletin #106. For example, the U.S. dollar could be rebased tomorrow so that 1 new dollar was worth 100 old dollars. Table compares the cost of foods and fuel across 18 countries including Canada. Missouri: St. Louis Table 9 and Table 10 Elementary school teachers in large citiesearned a median $2,118 in 1930. British Pound Sterling to US Dollar Convert GBP to USD at the real exchange rate GBP Converted to 1.00000 GBP = 1.20440 USD Mid-market exchange rate at 21:12 UTC Track the exchange rate Send money Spend abroad without hidden fees GBP to USD conversion chart 1 GBP = 1.20440 USD As of 1 min ago, 1 GBP 1.20440 USD Mid market rate 48 hours 1 week Gives wages in Great Britain, France, and Austria beginning in 1938, and Sweden, Denmark, Belgium, Switzerland and Canada beginning in 1939. Tables of historical exchange rates to the United States dollar. The British pound has its origins in continental Europe under the Roman era. To answer these questions the Historical Currency Converter uses a short-cut, by comparing the worth of various sums in various currencies in their purchasing power of Swedish consumer goods and the pay of workers in Sweden. Pennsylvania: Pittsburgh Table 9 and Table 10 In the 1930s, the exchange rate was about 5 U.S. dollars to one pound Sterling. New York: Buffalo Table 9 and Table 10 9.41. Estimated expenditures of middle-class families in France, Germany, Belgium, Denmark, Sweden, Norway and the Netherlands compared to England. The average for the month 0.842. View USD Rates Table. Data was originally published in the Industrial Bulletin of the State Department of Labor. U.S. dollar has settled below the 105 level after the release of PMI reports. Check out the GBP to USD history rates below. Please check your download folder. Pounds, shillings and pence were the basic currency of Britain throughout the period covered by the Proceedings, having a consistent relationship of 12 pence to the shilling and 20 shillings to the pound. Gold Prices by the Decade. Michigan: Detroit Table 9 and Table 10 Pages 25-38 of this 1962 bulletin from the US Department of Agriculture details the price of clothing by gender paid by farmers in contemporary US dollars. Includes analysis of, Shows wages for adult males. . 19.25. Shows the average wages of multiple occupation in the mining industry. The US dollar rate against the British pound was 476.80 US cents per pound or 4.768 US dollars per pound. Reports prices in U.S. cents using exchange rates in effect at the time. Families could have more than one member in the labor force. Summary volume is linked above. Click on a category such as "Food" to toggle it on or off: For all these visualizations, it's important to note that not all categories may have been tracked since 1930. at the best online prices at eBay! Pages 1205-1208 details the state of wages throughout Yugoslavia in the early stages of the Great Depression. In the beginning rate at 0.826 Pounds. Source: BLS, Shows the wages and hours worked of spinners, weavers, and loomers. Source: Shows monthly wages of boys enrolled in CCC camps. Year average. Again, we are assuming that the dollars value was $20.67/oz. "2022 was a signifies four pounds, eight shillings. Connecticut: New Haven Table 9 and Table 10 Sending money overseas over 5000? Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. The devaluation of the British pound after floatation in 1914 is not really apparent here due to forex capital controls during wartime. Shown in both Indian and US currency. Shows the daily wages of different mining jobs in Nevada mining camps. The pound had an average inflation rate of 4.87% per year between 1930 and today, producing a cumulative price increase of 8,262.73%. (Click image for detail), "75 Years of American Finance: A Graphic Presentation 1861-1935"(with 1936-1938 supplement) The ITL conversion factor has 6 significant digits. A guinea in the early 19th century was worth 21 shillings, or just over one 1, so 2,000 guineas would be worth 2,010 pounds, which is a whole hell of a lot. Shown in both Brazilian and US currency. Ford Motor Company considered $7/day its "minimum wage" in 1929. Today 1 Sudanese pound is worth 4p. Source: The U.S. Bureau of Foreign and Domestic Commerce reported motion picture ticket prices in. Enter source year: (1264-1983) Enter target year: (1913-2023) Enter old value in pounds: ConvertClear Value at beginning of target year in dollars: $ Postal Service. So, I dug into it. Engineers earned a median income of $2,574 in 1932. Convert British Pound Sterling to United States Dollar | GBP to USD Currency Converter. According to the Office for National Statistics, each of these GBP amounts below is equal in terms of what it could buy at the time: This conversion table shows various other 1930 amounts in today's pounds, based on the 8,262.73% change in prices: Our calculations use the following inflation rate formula to calculate the change in value between 1930 and today: Then plug in historical CPI values. Source: BLS Monthly Labor Review, March 1932. They worry that higher interest rates can trigger a recession. When 100 is equivalent to 8,362.73 over time, that means that the "real value" of a single U.K. pound decreases over time. Ohio: Cincinnati Table 9 and Table 10 To get the total inflation rate for the 93 years between 1930 and 2023, we use the following formula: Plugging in the values to this equation, we get: Raw data for these calculations comes from the composite price index published by the UK Office for National Statistics (ONS). Email: concannonm@missouri.edu Money disbursement is the measurementofhow much money people make as well ashow they spend that money. Seven such communities were analyzed for this report. It included room, food, laundry, beauty shop services, clothing, and more. This article lists specific fixed daily wages in combinations of rubles and grain in kilograms. ), although modestly at first in a slow slide. To see historical exchange rates with graph,fill in the following fields and click Go! Source: BLS, Pages 688-695 details the state of wages throughout Greece in the early stages of the Great Depression. The data are taken at varying times of the year or maybe the average for the whole year. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. GBP to USD | British Pound Historical Prices - WSJ British Pound GBPUSD (Tullett Prebon) View All companies 1:06 AM EST 03/02/23 1.1984 -0.0042 -0.35% 1 Day Range 1.1999 - 1.2037 52 Week. Wages for workers with specific kinds of manufacturers -- automobiles, cigars and cigarettes, telephone and telegraph, etc. Source: BLS. Note: Between 1910 and 1945, the Korean peninsula was under Japanese occupation and was known as Chosen. Caveat lector. Source: Shows average hourly wages in francs for various occupations including brewers, tailors, watchmakers, dressmakers, milliners and more. Chart from the U.S. Dept of Labor shows the first federal minimum wage law enacted in 1938 (25 cents), and all subsequent increases through 2009. Shown in Hungarian Pengo (1 Pengo/100 Fillers = 17.49 US cents). Source: U.S. BLS Bulletin, No. 5.18. Link to WishbookWeb.com, a site featuring historic mail order catalogs. Money is worth less than it did a month ago, and a lot less than it did a year ago. You may use the following MLA citation for this page: Value of 1930 British pounds today | UK Inflation Calculator. Official Inflation Data, Alioth Finance, 20 Feb. 2023, https://www.officialdata.org/uk/inflation/1930. Also details the quality of housing, typical home furnishings, etc. 1936, Residential fees at "old people's homes," 1939, State-controlled universities and colleges, Privately controlled colleges and universities, Washing machine, vacuum cleaner, radio, range and refrigerator prices, 1937, Girls' cotton dress and sock prices; women's hose and coat prices, 1938, Clothing prices paid by farmers, 1935-1939 average, Clothing prices paid by farmers, 1910-1960, US Department of Agriculture Crop Reporting Board, Statistical Bulletin No. Shows the average hourly rate of Belgian workers in a variety of different industries. (Click image for detail), Marie Concannon, Government Information Librarian Extensive article titled "General Survey of Wages in Austria" shows minimum wages by sex, occupation and industry on pp. Missouri: Kansas City Table 9 and Table 10 Average hourly earnings, hours, comparisons. Utah: Salt Lake City Table 9 and Table 10 1930 GBP = 2323.9013 USD 1930 United States Dollar To British Pound Exchange Rates Updated: Feb 28,2023 20:37 UTC Full history please visit GBP/USD History Convert British Pound (GBP) To United States Dollar (USD) History Exchange Rate Full history please visit GBP/USD Exchange Rates History Convert 1930 British Pound (GBP) to other currencies by COUNTRY, FOOD Table shows average hourly wage rates for male and female workers of various skill levels, by industry. Wages for farm workers are compared to that of factory workers. Source: BLS. Shows pay rates for white and "colored" teachers for the states of. The symbol comes from an ornate L in Libra. A composite index is created by combining price data from several different published sources, both official and unofficial. New York: Rochester Table 9 and Table 10 Shown in both Finnish and US currency. See data considerations for explanation. By calculating the value in 1930 dollars, the chart below shows how 100 is worth less over 93 years. DXY 030323 Daily Chart. New York: Newark Table 9 and Table 10 HUNGARY - 1965.Complete Year set with Blocks 108 EUR!! Amounts are expressed in American dollars with currency conversions cited for all foreign monies. A professor at the University of Wyoming has devised a system for the conversion - first to 1896 pounds, which were convertible to US dollars, then to modern dollars. Union wages reported in the U.S. Department of Labor publication. Source: BLS Monthly Labor Review, May 1937 and May 1938 Source: Details the prices of appliances, furniture, and more household items on pp.