This table and charts use the earliest available data for each category. CIA. Tracks price changes between the invasion of Poland (August 1939) and the attack on Pearl Harbor in December, 1941. Obviously, we begin in the middle of World War I, when most all currencies in the world were floating. We are using cookies to give you the best experience on our website. You may also want to account for capital gains tax, which would take your real return down to around $272 for most people. Average wages and hours of work by occupation and gender. Source: BLS Monthly Labor Review, February 1932, Shows the average hourly wages for select occupations in Hungary. Ian Webster is an engineer and data expert based in San Mateo, California. Pages 25-38 of this 1962 bulletin from the US Department of Agriculture details the price of clothing by gender paid by farmers in contemporary US dollars. Connecticut: Bridgeport Table 9 and Table 10 The Australian pound basically remained linked to the British pound after the British devaluation in 1931. New York: Buffalo Table 9 and Table 10 Source: Shows monthly wages of boys enrolled in CCC camps. in2013dollars.com is a reference website maintained by the Official Data Foundation. In Canada, CA$1.00 in 1930 would be equivalent to CA$16.57 in 2023, an absolute change of CA$15.57 and a cumulative change of 1,557.13%. You may use the following MLA citation for this page: $1 in 1930 2023 | Inflation Calculator. Official Inflation Data, Alioth Finance, 20 Feb. 2023, https://www.officialdata.org/us/inflation/1930?amount=1. Until 1931, the Australian and British pounds were officially at parity although there were small variations in the market exchange rate. The Five Indices Used Consumer Price Index (CPI) Average retail prices for 63 foods in 51 large U.S. cities combined. For example, if you started with 100, you would need to end with 8,362.73 in order to "adjust" for inflation (sometimes refered to as "beating inflation"). Caveat lector. Tip: Table 5 of the U.S. Farm Housing Survey (1935) shows the % of rural homes with lamp; electric or gas lights, central heating, refrigeration, cooking stoves and power washing machines. Source: The author (former university professor Daniel Starch) presents a methodology and estimates the average American family income as of 1930. Shows average wages, number of hours worked, and average earnings by occupation, broken out by gender and sometimes by location. As noted above, this yearly inflation rate compounds to produce an overall price difference of 1,691.44% over 93 years. Shown in both Finnish and US currency. Louisiana: New Orleans Table 9 and Table 10 Then all the numbers in the table would be multiplied by one hundred, but it does not mean all the world's currencies just got weaker. Tables run from pages 10-14. However, when the U.S. devalued in 1933, the Austrian shilling was apparently devalued alongside somewhat, although the degree of devaluation was not as great as for the U.S. dollar. GBP - British Pound Sterling. COLLEGE EDUCATION The site's GBP/USD forecast for 2030 suggested an average of $1.38. The magnitude of the numbers in the list does not indicate, by themselves, the strength or weakness of a particular currency. 1034-1035. 5. Although this article does not tell the post-decree wage rates, we include it here because of the important context it provides. Ian earned his degree in Computer Science from Dartmouth College. Shown in Hungarian Pengo (1 Pengo/100 Fillers = 17.49 US cents). Also shows average pay for PWA jobs. Belgium also experienced devaluation during WWI and a few years afterward (probably following the French franc). Article starts on page 59 of the BLS Monthly Labor Review, July 1939 issue. Note: this report also contains a great deal of interesting detail on the size, material, condition and amenities available in farm homes. See cost data on pages 5-6 of the USDA Farmer's Bulletin #1738, titled Farmhouse plans. equal opportunity/access/affirmative action/pro-disabled and veteran employer. Source: BLS Monthly Labor Review, March 1932, Shows the average daily wages for mining workers in Greece. April 15, 2012: Foreign Exchange Rates 1914-1941 Check the. Wages shown in contemporary US dollars. Reports prices in U.S. cents using exchange rates in effect at the time. This involved lowering wages, increasing hours and preventing employees from quitting their jobs. Several tables provide hours worked and earnings of workers in industries such as brewing, musical-instrument manufacturing, woodworking, and baking. Inflation can also vary widely by country. The USD to GBP forecast at the end of the month 0.826, change for September -2.6%. Elementary school teachers in large citiesearned a median $2,118 in 1930. in October 1937. Illinois: Springfield Table 9 and Table 10 Source: BLS. Source: BLS. In the 1930s, the exchange rate was about 5 U.S. dollars to one pound Sterling. Free shipping for many products! Notes: *China changed currency to the New Yuan. Spinners' and weavers' wages in the textile industry, Wages established by collective agreements in Germany, 1931-1932, Furniture making job hours wages in Germany, 1893-1932, Machine-building industry wages in Germany, 1931, Building trades earnings in Germany, 1932, masons, carpenters, helpers and underground workers, Wages rates in principle industries in Germany, 1933, Hours and earnings by industry in Germany, 1934-35, Average hourly and weekly gross earnings for German workers, 1935, Average hourly and weekly gross earnings of German workers, 1936, Average wage rates in Germany by industry, 1938, Wages by industry in London and Glasgow, 1930, Agricultural worker wages, hours and earnings in Great Britain, 1936, Railway services wages - Great Britain, 1932-1933, Truck driver wages in Great Britain, 1934, Wartime wage changes in Great Britain, 1939-1940, Wages by occupation - Budapest, 1929-1931, Average wages by occupation - French Indo-China, 1930, Average yearly wages in the Soviet Union, 1929-1932, Payments-in-kind earnings of peasants on Kolkhoz farms, 1935-1937, Fixed wages for agricultural workers, 1935, Agricultural wages - Switzerland in 1914, 1921, 1930, Wages by occupation - Yugoslavia, 1935-1937, Wages in 16 European countries by city and occupation, 1931, Wages and hours in Europe and Canada, 1938-1947, Wages in the Netherlands, Yugoslavia, and the Baltic countries, 1929-1932, Wages of seamen on American and European vessels, 1932, Wages of seamen in the principal maritime countries, 1935, Servants' wages in British colonies and protectorates, 1930, Distribution of family income in the US, 1935-1936, Food price averages for each year from 1890-1970, Food and drink prices paid by farmers, 1910-1960, Cigarette and tobacco prices paid by farmers, 1935-1960, Home valuesby state and owner's race, 1930, Rent for affordable housing in New York City, 1937, Sears home plans with estimated costs to build, 1908-1939, Farm real estate - Average value by state and county, 1930, Farm land and buildings - Value per acre by U.S. region, 1850, Farm values (land and structures) by state and selected counties, 1935, Farm houses - Cost to build per square foot, 1934, Farm real estate values in Midwestern states, 1912-2019, Building material prices paid by farmers, 1910-1960, Electricity - Average monthly bill, 1930-1939, Electricity, average monthly bills for residential service, by city - 1936, New cars - Average price reportedmonthlyfrom1929-1933, Used car prices by age, make and model - 1938, Motor supply prices paid by farmers, 1910-1960, Average retail price of gasoline, 1929-2011, Gasoline prices, taxes and annual gas consumption per vehicle, 1920-1939, Gasoline prices paid by farmers, 1910-1943, Greyhound bus fares from Washington DC, 1931, Passenger train fare in the U.S., 1871-1933, Railway passenger ticket prices - 1930-1933, compartments, upper berths, lower berths, bedrooms, drawing rooms, and private sections, RR ticket prices between NYC and Chicago, 1910-1944, Steamship fare from New York to Europe, ca. by COUNTRY, FOOD Shown in both Great Britain and US currency. British Pound Sterling to US Dollar Convert GBP to USD at the real exchange rate GBP Converted to 1.00000 GBP = 1.20440 USD Mid-market exchange rate at 21:12 UTC Track the exchange rate Send money Spend abroad without hidden fees GBP to USD conversion chart 1 GBP = 1.20440 USD As of 1 min ago, 1 GBP 1.20440 USD Mid market rate 48 hours 1 week Compares earned income for white and non-white races, with breakouts by sex. by RACE Also details the quality of housing, typical home furnishings, etc. Bid Amount - Enter GBP 0.06 or more. Year average. 551. 284-288, Food, drinkand tobacco industry occupations, pp. 6d. Includes analysis of. This 1931 Trade Information Bulletin from the Bureau of Foreign and Domestic Commerce. Minnesota: St. Paul Table 9 and Table 10 Dollar Yen Exchange Rate - Historical Chart, Dollar Yuan Exchange Rate - Historical Chart, Euro Dollar Exchange Rate - Historical Chart, AUD US Dollar Exchange Rate - Historical Chart, Euro Swiss Franc Exchange Rate - Historical Chart, Euro Pound Exchange Rate - Historical Chart, Euro Yen Exchange Rate - Historical Chart, Pound Yen Exchange Rate - Historical Chart, NZD - US Dollar Exchange Rate - Historical Chart, US Dollar Franc Exchange Rate - Historical Chart, US Dollar Peso Exchange Rate - Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, Pound Dollar Exchange Rate (GBP USD) - Historical Chart. Source: "Women in the economy of the USA: a summary report," Women's Bureau Bulletin, #155. Click "more" for direct links to wages in each occupation. After 1933, the peso is basically linked to the pound, via capital controls as previously mentioned. Food Table 10 shows prices for cake, crackers, hominy grits, fish, lamb, canned and dried fruits, cocoa, mayonnaise, peanut butter, corn syrup, molasses, strawberry preserves. According to the Office for National Statistics, each of these GBP amounts below is equal in terms of what it could buy at the time: This conversion table shows various other 1930 amounts in today's pounds, based on the 8,262.73% change in prices: Our calculations use the following inflation rate formula to calculate the change in value between 1930 and today: Then plug in historical CPI values. Average earnings and hours worked for workers in woolen and worsted goods manufacturing in 15 states. This table provides average yearly wages per industry or trade type, including transportation, education and agriculture, among others. New York: Rochester Table 9 and Table 10 In effect, thse forex rate becomes an official rate rather than the free rate, because the point of capital controls is that foreign exchange isnt free anymore, but rather controlled. "It should be emphasized that income tax returns are frequently but erroneously used as an indication of the number of families at different income levels.. only about 4 million persons file returns whereas there are 30 million families in the United States." Compares average retail prices for "warehoused" name brand grocery items. Use the following hyperlinks to see values for AL, AZ, AR, CA, CO, CT, DE, FL, GA, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI,MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY. Shows the average daily wages for a variety of occupations in mining throughout the Netherlands. Table 8 shows average salaries of instructional staff (principals, supervisors and teachers) for every state in every year from 1929-1946. Connecticut: New Haven Table 9 and Table 10 For more details on the S&P 500 between 1930 and 2023, see the stock market returns calculator. Source: BLS. [2] Notes [ edit] In addition to the links below, we recommend the book America's Capacity to Consume, published in 1934 by the Brookings Institution. lc waikiki didim AConvert 360 EUR to USD For three hundred and sixty euro (EUR) you get today 361 . Choose a decade, then a publication, then click the "View" button. Indicates wages for jobs such as mates, engineers, radio operators, cooks and more. Charts feature breakouts by skill of worker. Shows wage rates, hours and weekly earnings for males of various skill levels, and female workers. 3.85. Negro workers, weekly earnings in 1930 and 1936, Urban Negro workers' earnings by sex and skill level, 1930 and 1936, Wages, hours and earnings by occupation and sex. Source:Federal Reserve Bank of Saint Louis. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page.