How the value of Britian money has decreased within the last 100 years?

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How the value of Britian money has decreased within the last 100 years?

what i'm asking for is the value of british money has went down in the last 100 years?

2006-12-01 03:49:44 · 2 answers · asked by regina4eva2 1 in Social Science ➔ Economics

2 answers

Here is value vs the $ since 1948
http://fx.sauder.ubc.ca/etc/USDpages.pdf
Prior to 1971 currencies were valued by the price of gold, but since then they are only valued against each other and gold trades like any other commodity.
For more information see
http://eh.net/hmit/goldprice/Interpretation.pdf

2006-12-01 14:59:45 · answer #1 · answered by meg 7 · 1⤊ 0⤋

check the Parliament Library

2006-12-02 09:37:09 · answer #2 · answered by Dirk N 3 · 0⤊ 0⤋