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God Bless Us,
(lemmy.world)
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this post was submitted on 24 Dec 2023
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1 pound = 20 shillings.
1 GBP in 1843 is worth £104.72 now (https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator)
104.72/20*15=78.54
£78.54 = $99.55USD
99.55/40 (hrs per week) = $2.49USD per hour
Or less, given he likely worked more than 40 hours per week.
But I think we can say that $2.50/hr is a very Scrooge-like wage, and that OP has no fucking clue how to do basic math.
EDIT:
However, from https://www.measuringworth.com/calculators/ukcompare/relativevalue.php
1GBP in 1843:
Stooooop! You're ruining it!
I 100% believe you. This definitely looks like math.
https://www.measuringworth.com/blog/?p=256
a quick Google tells me it was 52 hours / week, which was likely 6 day weeks - so roughly 8-9 hours a day mon thru Saturday
Interestingly, the numbers I found said that Americans at the time worked on average 70 hours / week.
How did you jump from 78.54 to 64.13?
Oops! Thanks for that. Initially I used 1841 as the year, and later found out it should have been 1843. For some reason there was a huge change in value between 1841 and 1843. That 64.13 was just a leftover I forgot to replace. Fixed!
How do you go from 78.54 (modern pounds equivalent to 15 shillings) to 64.1325? I don't understand that step.
Oops! Thanks for that. Initially I used 1841 as the year, and later found out it should have been 1843. For some reason there was a huge change in value between 1841 and 1843. That 64.13 was just a leftover I forgot to replace. Fixed!