Chat & Social > The Bar - General Chat
Price of fuel...
V8MoneyPit:
--- Quote from: dxmedia on April 30, 2010, 12:32:18 ---When old money became new money, surely the prices of things was also altered to reflect. Say a loaf of bread cost 50p or 10 bob in old money, that would translate to 20p <> in new money?
--- End quote ---
No, something costing 10 bob became 50p.
Saffy:
--- Quote from: V8MoneyPit on April 30, 2010, 13:06:06 ---
--- Quote from: dxmedia on April 30, 2010, 12:32:18 ---When old money became new money, surely the prices of things was also altered to reflect. Say a loaf of bread cost 50p or 10 bob in old money, that would translate to 20p <> in new money?
--- End quote ---
No, something costing 10 bob became 50p.
--- End quote ---
Except everything was rounded up wasn't it? Remember my Grandad moaning about decimalisation of the currency ripping everyone off.
Mud_Medic:
I am too young to remember £ s d, I was not even walking when the change happened.
But.... It is not that difficult.
A pound is a pound.
That did not change.
Using your example, a loaf cost 10 bob, or half a pound.
That was 120d, or old pence
Half a pound is 50p or new pence.
A pound is a pound, but an old pence (d) is not a new pence (p)
An old silver sixpence (6d, half a shilling or 1/40 of a pound) is worth 2 1/2p (1/40 of a pound).
Money pit has it right!
V8MoneyPit:
--- Quote from: Saffy on April 30, 2010, 13:08:28 ---Except everything was rounded up wasn't it? Remember my Grandad moaning about decimalisation of the currency ripping everyone off.
--- End quote ---
That wouldn't surprise me!
--- Quote from: Mud_Medic on April 30, 2010, 13:22:45 ---I am too young to remember £ s d, I was not even walking when the change happened.........
Money pit has it right!
--- End quote ---
That's because I am old enough.... only just though :lol:
dxmedia:
Right, so the goods were the constant not the money :roll:
Bring on the euro and lets get it done right ;) :lol: :lol:
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