Associated Topics || Dr. Math Home || Search Dr. Math

### Currency Exchange Rates

Date: 01/02/99 at 00:12:44
From: Millie
Subject: Money

Do you know how much half a crown, a crown, and a shilling are worth
in American money?

Date: 01/02/99 at 12:19:30
From: Doctor Rick
Subject: Re: Money

Hi, Millie, welcome to Ask Dr. Math!

There are two things we need to know to answer this question.

The first question is, how are crowns and shillings related to the
British pound (the main unit of currency in Great Britain)? Crowns and
shillings aren't used any more. Here is a site that tells about the
changes made in British currency almost 30 years ago:

http://www.tclayton.demon.co.uk/dec.html

This page tells more about the way it used to be:

There were 12 pence (pennies) in a shilling and 20 shillings in a
pound. A crown was 5 shillings, so there would be 4 crowns in a pound,
and 8 half-crowns in a pound.

The second queston is, what is the exchange rate between British pounds
and dollars? This can change from day to day, depending on how well
each country's economy is doing. One place I found that gives this
information on the Internet is the Universal Currency Converter:

http://www.xe.net/currency/

As of December 31, 1998, one pound was 1.6628 American dollars.
This would make a shilling (if it still existed) equal to 1.6628 /
20 dollars, which works out to 8.314 cents. A crown would be 5 times
this, or 41.57 cents. A half-crown would be 20.785 cents.

Since crowns and shillings are really old units of currency, you might
want to know what the exchange rate was some time in the past. A pound
used to be worth quite a bit more. Here is a Web site with this
information:

http://www.globalfindata.com/tbpound.htm

- Doctor Rick, The Math Forum
http://mathforum.org/dr.math/

Associated Topics:
Elementary Terms & Units of Measurement
Middle School Ratio and Proportion
Middle School Terms/Units of Measurement

Search the Dr. Math Library:

 Find items containing (put spaces between keywords):   Click only once for faster results: [ Choose "whole words" when searching for a word like age.] all keywords, in any order at least one, that exact phrase parts of words whole words

Submit your own question to Dr. Math
Math Forum Home || Math Library || Quick Reference || Math Forum Search