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Please help solve a debate with a friend

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mm - 23 Feb 2010 04:12 GMT
Please help solve a debate with a friend.  During the war, was it 4
dollars to a British pound?  Or maybe after the war?
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Patok - 23 Feb 2010 04:34 GMT
> Please help solve a debate with a friend.  During the war, was it 4
> dollars to a British pound?  Or maybe after the war?

Apparently, it was, $4.03. During, and a while after. Here's more
history than you probably need:

http://www.miketodd.net/encyc/dollhist.htm

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You'd be crazy to e-mail me with the crazy. But leave the div alone.

mm - 23 Feb 2010 16:08 GMT
>> Please help solve a debate with a friend.  During the war, was it 4
>> dollars to a British pound?  Or maybe after the war?
>
>Apparently, it was, $4.03. During, and a while after. Here's more
>history than you probably need:

No, it's good.  I couldn't figure out how to find it on the web so was
willing to settle for anyone's memory, but this also shows when it
changed.

>http://www.miketodd.net/encyc/dollhist.htm

What I find interesting is that it changed *from* $4.03 when I was 2
and a half years old, and still I've always known about 4 dollars,
which it was only from 1940 to mid '49.  So how did I know about it?
There was no tv.  The newspaper first section was I think 12 pages or
fewer, but it still might have had it.  But I didn't know how to read.
I don't remember this sort of thing on the radio,

Maybe I learned later.  The rate was 2.80 until 1968.  I vaguely
recall early on during that period, maybe when I was 10, hearing that
it had been 4 dollars, but I thought I already knew that then. Maybe I
saw it in a movie on tv.

And my friend is 10 years older than I am and didn't remember.  I
guess I was more interested in British money than he was.

Thank you, and thank you all.
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Posters should say where they live, and for which area
they are asking questions. I was born and then lived in
Western Pa.   10 years
Indianapolis   7 years
Chicago          6 years
Brooklyn, NY 12 years
Baltimore       26 years

®óñ©  ©  ²°¹° - 23 Feb 2010 16:15 GMT
>>> Please help solve a debate with a friend.  During the war, was it 4
>>> dollars to a British pound?  Or maybe after the war?
[quoted text clipped - 11 lines]
>and a half years old, and still I've always known about 4 dollars,
>which it was only from 1940 to mid '49.

What I find interesting about that time period (if I remember
correctly) was that 4 gallons of petrol cost £1 :  ie a gallon of
petrol cost $1.

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(¯`·. ®óñ©  ©  ²°¹° .·´¯)

mm - 23 Feb 2010 21:15 GMT
>>>> Please help solve a debate with a friend.  During the war, was it 4
>>>> dollars to a British pound?  Or maybe after the war?
[quoted text clipped - 15 lines]
>correctly) was that 4 gallons of petrol cost £1 :  ie a gallon of
>petrol cost $1.

Basd on your name, I guess you're from Northumbershire.   I think
there was a gas shortage there, especially during and right after the
war.
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Posters should say where they live, and for which area
they are asking questions. I was born and then lived in
Western Pa.   10 years
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Chicago          6 years
Brooklyn, NY 12 years
Baltimore       26 years

®óñ©  ©  ²°¹° - 24 Feb 2010 08:21 GMT
>>(¯`·. ®óñ©  ©  ²°¹° .·´¯)
>
>Basd on your name, I guess you're from Northumbershire

Wrong assumption. bad guess.

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(¯`·.¸®óñ©  ©  ²°¹°¸.·´¯)

Patok - 24 Feb 2010 18:12 GMT
®óñ© © ²°¹° wrote:

>>> (¯`·. ®óñ©  ©  ²°¹° .·´¯)
>> Basd on your name, I guess you're from Northumbershire
>
> Wrong assumption. bad guess.

    What is your name, by the way? I read it as "reserved óñ copyright
copyright two degrees one degree".

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You'd be crazy to e-mail me with the crazy. But leave the div alone.

mm - 24 Feb 2010 21:57 GMT
>>>(¯`·. ®óñ©  ©  ²°¹° .·´¯)
>>
>>Basd on your name, I guess you're from Northumbershire
>
>Wrong assumption. bad guess.

No sense of humor.
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Posters should say where they live, and for which area
they are asking questions. I was born and then lived in
Western Pa.   10 years
Indianapolis   7 years
Chicago          6 years
Brooklyn, NY 12 years
Baltimore       26 years

Farmer Giles - 23 Feb 2010 09:12 GMT
> Please help solve a debate with a friend.  During the war, was it 4
> dollars to a British pound?  Or maybe after the war?

Can't really answer your question. However, what I do know is that when I
was growing up in England in the 1950s, five shillings (there were twenty
shillings to the British pound) was commonly referred to as a 'dollar'. Half
of that amount - two shillings and sixpence (known as 'half-a-crown') -
often being called 'half-a-dollar'.
Ian Jackson - 23 Feb 2010 11:20 GMT
>> Please help solve a debate with a friend.  During the war, was it 4
>> dollars to a British pound?  Or maybe after the war?
[quoted text clipped - 4 lines]
>of that amount - two shillings and sixpence (known as 'half-a-crown') -
>often being called 'half-a-dollar'.

I too remember those days. This site may be of interest:
http://www.hemyockcastle.co.uk/money.htm

In the 1930s, my mother's uncle and aunt emigrated to the USA and, until
the early 1950s, they annually sent me three crisp, new $1 bills for
Christmas. I remember going to Thomas Cook's to get them changed into
'real' money. I recall that, by then, each one was worth around 7s/6d,
so the exchange rate must have fallen to around £3 to the pound.
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Ian

David Taylor - 23 Feb 2010 12:01 GMT
> Please help solve a debate with a friend.  During the war, was it 4
> dollars to a British pound?  Or maybe after the war?

I was born in 1939, and throughout my childhood into adulthood we
informally referred to five shillings as a "dollar" (20 shillings to the
pound).

Back in those pre-decimal days, we had a coin called half a crown - 2.5
shillings. Right up until decimalisation of the currency(1971?) we still
colloquially referred to half a crown as "half a dollar", even though by
then, the pound had greatly fallen in value.

Exchange rates from 1940 - 2007 for ther US dollar to the British Pound:

1940 - 3.83
1945 - 4.03
1950 - 2.80
1960 - 2.80
1970 - 2.40
1980 - 2.33
1990 - 1.78
2000 - 1.52
2005 - 1.82
2010 - 1.55

Source: Dollar-Pound Exchange Rate From 1791 at this link:

http://www.measuringworth.org/datasets/exchangepound/result.php

Hope that helps.

David,
East Yorks,
N.E. Coast of England.
Caesar Romano - 23 Feb 2010 12:40 GMT
On Tue, 23 Feb 2010 12:01:32 +0000, David Taylor
<cotters@cotters.karoo.co.uk> wrote Re Re: Please help solve a debate
with a friend:

>Exchange rates from 1940 - 2007 for ther US dollar to the British Pound:
>
>1940 - 3.83
 1945 - 4.03  Is this just before the labor party?
>1950 - 2.80
>1960 - 2.80
[quoted text clipped - 4 lines]
>2005 - 1.82
>2010 - 1.55
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Work is the curse of the drinking class.

Peter Duncanson (BrE) - 23 Feb 2010 13:52 GMT
>On Tue, 23 Feb 2010 12:01:32 +0000, David Taylor
><cotters@cotters.karoo.co.uk> wrote Re Re: Please help solve a debate
[quoted text clipped - 4 lines]
>>1940 - 3.83
>  1945 - 4.03  Is this just before the labor party?

That was just before the end of World War Two.

The UK was beggared by paying for WWII and then "The pound was made
fully convertible in 1946 as a condition for receiving a U.S. loan of
US$3.75 billion in the aftermath of World War II."
http://www.spiritus-temporis.com/pound-sterling/history.html
The pound was no longer attached to the value of gold.

>>1950 - 2.80
>>1960 - 2.80
[quoted text clipped - 4 lines]
>>2005 - 1.82
>>2010 - 1.55

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Peter Duncanson, UK
(in alt.english.usage)

John Dean - 23 Feb 2010 17:50 GMT
>> Please help solve a debate with a friend.  During the war, was it 4
>> dollars to a British pound?  Or maybe after the war?
[quoted text clipped - 7 lines]
> we still colloquially referred to half a crown as "half a dollar",
> even though by then, the pound had greatly fallen in value.

I'm not sure the slang was linked to the exchange rate in the first place.
The BrE usage of "dollar" for foreign currency predates the USA by several
hundred years. It was how we referred to the thaler, obviously, but also to
the peso (piece of eight) and others.
The usage of "half a dollar" seems to date from the mid to late 19th
century, at a time when the US dollar was trading at 5 to the pound so was
nearer the two-shilling piece (tosheroon) in value.
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John Dean
Oxford

GFH - 23 Feb 2010 13:41 GMT
> Please help solve a debate with a friend.  During the war, was it 4
> dollars to a British pound?  Or maybe after the war?

Which war?

GFH
mm - 23 Feb 2010 15:55 GMT
>> Please help solve a debate with a friend.  During the war, was it 4
>> dollars to a British pound?  Or maybe after the war?
>
>Which war?
>
>GFH

The big one, w w 2.   :)
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Posters should say where they live, and for which area
they are asking questions. I was born and then lived in
Western Pa.   10 years
Indianapolis   7 years
Chicago          6 years
Brooklyn, NY 12 years
Baltimore       26 years

 
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