£5.00 in 1934

[Bedlam]

Hi

What would £5.00 from 1934 be worth today?

Bedlam

 

[Gulliver]

Do you mean a £5 note dated 1934, or are you asking what euro amount today has equivalent purchasing power?

 

[daveccork]

or what interest you could expect the £5 to have earned to date?

 

[The_Banker]

Did you find an old bank book...?

 

[askU]

The price of the pint was less than 4 cent in 1947.
http://www.finfacts.ie/Private/bestprice/guinnessindex.htm

 

[Marietta]

The price of the pint was less than 4 cent in 1947.
http://www.finfacts.ie/Private/bestprice/guinnessindex.htm

What has that go to do with the OP's question

 

[suzie]

I think askU was implying one could buy over 100+ pints, so in todays value it would be 400+ euros

S.

 

[askU]

I think askU was implying one could buy over 100+ pints, so in todays value it would be 400+ euros

S.

Well yes in 1947 about 100 pints. so in 1934 probably alot more because '47 was in recession due to WW2. I would give a guess of €500 in todays money...

 

[callybags]

I thought I read somewhere recently that a TD's salary around that time was £1,000 and that this was equilavent to €70,000 today.

That would make £5 worth €350.

 

[ajapale]

That would make £5 worth €350.

Spot on (in pounds) Callybags!

[broken link removed]


1914=100

9,267.50
2009
152.00
1934

60.97
£1
304.85
£5



According to the CSO 1914=100 series the answer is £304.85 in 2009.

Multiply by 1.27 to get euros.

aj

 

[Marietta]

I thought I read somewhere recently that a TD's salary around that time was £1,000 and that this was equilavent to €70,000 today.

That would make £5 worth €350.

Clever girl (or boy!)