2006-12-12 05:51:38 · 14 answers · asked by Anonymous in Travel ➔ United Kingdom ➔ Other - United Kingdom
In 2005, £1 0s 0d from 1955 was worth:
£17.55 using the retail price index
£18.76 using the GDP deflator
£46.12 using average earnings
£53.13 using per capita GDP
£62.79 using the GDP
http://www.measuringworth.com/calculators/ukcompare
2006-12-13 06:47:56 · answer #1 · answered by Philip W 7 · 0⤊ 0⤋
£1
2006-12-12 13:53:58 · answer #2 · answered by wrongjon 3 · 1⤊ 1⤋
Going by some of these answers the world is full of half brains.
I don`t know the answer but I can give you an idea. It all depends on what you would be buying then. A London underground weekly season ticket from Morden to Bond St, was 6 shillings and 8 pence. or about 37p a 3 mile bus journey 1 and 1/2d, about half a p.
2006-12-12 14:13:23 · answer #3 · answered by Spanner 6 · 0⤊ 1⤋
In 1955. my bus fare to school was one half-penny, ie 1/480th of a Pound. Now the same distance would cost at least £1 for a half-fare. So measured in bus-fares, it would be worth £500.
I used to get one shilling a week pocket money (5 new pence), so if today's kids get one pound, then a 1955 pound would be worth £20 today, but I bet most young kids get more than that.
A house cost about £300 in 1955, so they have gone up by nearly one thousand times.
It all depends what you are spending your money on.
2006-12-15 19:24:23 · answer #4 · answered by Up the pole 2 · 0⤊ 0⤋
£20
2006-12-12 13:53:38 · answer #5 · answered by Sir Sidney Snot 6 · 0⤊ 1⤋
The British currency was decimalised on D Day (Decimal Day), Monday February 15, 1971. Before decimalisation there were 240 old pence in a pound, as opposed to 100 new pence today.
2006-12-12 14:07:07 · answer #6 · answered by Anonymous · 0⤊ 1⤋
When my mum worked as a talorist she got paid one shilling and that would have been 1946/47. I worked in 1969 and got paid just under £5 a week. I will look this up for you, but I would say at least a week's wages.
After doing quite a bit of research, it would seem it's value was about £32.12 in today's term.
2006-12-12 14:10:17 · answer #7 · answered by patsy 5 · 0⤊ 0⤋
£1 but allowing for poor phraesology one gallon of petrol cost 4 shillings or 20 pence. Today one gallon costs approx £4.40 therefore equivalence is £22.
2006-12-12 14:03:17 · answer #8 · answered by SAMMY 3 · 0⤊ 0⤋
a £1 is worth £1 'supprisingly'
2006-12-12 14:01:00 · answer #9 · answered by Anonymous · 0⤊ 1⤋
It was still the same amount as it is today only you could of bought alot more for your money than what you can today.
2006-12-12 14:07:33 · answer #10 · answered by Dooby 6 · 0⤊ 0⤋