Has first trade date of the year values, while the right-hand With the eh.net table on the right is because the left-hand table They generated it from see: Daily Rates section, (see Lawrence Officer'sĪverages (Bidwell's are for the listed month).ĭata in this left-hand table are from Triacom,Ī translation services company in Barendorf, Germany. Of the United States, Millenial Edition (New York: Cambridge Richard Sutch, and Gavin Wright, eds., Historical Statistics The tables on the right were generated at the Economic.Bidwell,Ĭurrency Conversion Tables: A Hundred Years of Change (London: The tables on the left below were scanned from R.L.Good luck with your historical conversion! Or using the UK inflator and converting the £ to $: £132,000 = $170,000 in 2017 would be the high end instead of $214k.įor the value of a simple commodity (loaf of bread, gallon of gas), you'd use the CPI.įor the cost of a building or public works project, you'd use the GDP deflator. Thus Fritz's salary would be between $98,100 and $214,000 today For a salary or annual income, you will see that the "Consumer Bundle" or "GDP per capita" would be the best measures. Which measure would be most appropriate? Read the explanatory page on the site, Choosing the Best Indicator to Measure Relative Worth.£183,000 or $537,000 using the relative share of GDP £132,000 or $214,000 using the nominal GDP per capita £78,500 or $91,000 using the average earnings / unskilled wage * $98,100 using the value of consumer bundle £29,400 or $41,900 using the Consumer Price Index Inflating to the year 2017 the various indexes yield the following results: Now go to the inflation calculators section below, and see what $2409 (or £484) in 1938 would be worth today (the calculator is excellent-I think it might be more accurate to use the UK calculator than the US calculator, as Germany's economic indicators may have tracked those more closely).First, using the tables immediately below, convert the 1938 Marks to 1938 dollars.Welcome suggestions for additions to this page: 1938 FritzĮarned 6000 Marks, what would his equivalent salary be today? They can be valued (scroll down for tables). Notgeld website with historical background, scans and links, has a page Collector Values of Old German banknotes with lots of information.ġ920s German Notgeld (inflationary "emergency" money).You may have, I suggest looking on ebay under: This page is about how past amounts in Marks can be converted How much old German paper money is worth on the market today?.Professor of German History at UC Santa BarbaraĬreated August 19, 2005, last updated 10/7/18 Projects > Historical Dollar-to-Marks Conversion Page Historical US Dollars to German Marks currency conversion UC
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