Wiki User
∙ 13y agoIt's actually pretty hard to estimate because economic/financial standards weren't as established as they are today and there were relatively frequent major changes to the system until, perhaps, the early 19th or late 18th centuries.
However, I'll give it a try. 1 crown = 5 shillings and 20 shillings = 1 pound, so 1 crown = 1/4 pound. Thus, 1000 crowns = 250 pounds.
Now, as for the value in today's terms it depends on assumptions about the inflation and bank interest rates.
Let's assume an average inflation of 1% per year since the average inflation rate from 1700 onwards is about 1.3%. Using the simple interest calculation (but using inflation rate) we'd arrive at a value of GBP 1,300 in today's terms but this is likely a gross underestimate of the value.
If we use compounding, then the value would be GBP 44,600 in today's money. This is probably more like it.
Now, if we assume this money was invested in low-risk instruments like government bonds or bank deposits ranging from 3-6% p.a., we'd probably arrive at a value between GBP 1.2 Billion and 3.8 Quadrillion when compounded. Due to various factors involved, I'd say the GBP 1.2 Billion is the better estimate. I know it seems surprising but that's the way compounding works.
Anthony Cecil Hogman...
Anthony Cecil Hogman...
Wiki User
∙ 13y agoThis is difficult to answer because the same currency terminology meant different amts in different countries. But, with a lot of internet searching, here is what I was able to come up with. Roughly 1 crown=5 shillings. 2 shillings=1 guilder. 1 guilder=roughly $36 in modern day American dollars. Therefore, 1000 crowns=$90,000 roughly.
Anonymous
£20,000
By the amalgamation of other smaller Kingdoms about 1000 years ago.
because william's descendant,john, raised taxes.
100-1000 USD depending on specifics
100-1000 usd
100-1000 USD or so depending on specifics
The exchange value of crowns (Koruna) to dollars will change. As of this moment on 28 June 2016, 1000 Czech Republic Koruna equals 40.797 dollars.
The exchange value of crowns (Koruna) to dollars will change. As of this moment on 28 June 2016, 1000 Czech Republic Koruna equals 40.797 dollars.
1000
About 1000 Crowns A Night
You can't do that
There is no cheat code.
About $15,000.
$1000 in 1970 has the same buying power as $5,441.83 today. Source: http://data.bls.gov/cgi-bin/cpicalc.pl In relation California realty its an order of magnitude off....
Lire mille 1000 means
Please revisit your bill and post a new question :> Tausendkronen is the bill's denomination, not the country that issued it. It means "one thousand crowns" in German.> The fact that it's denominated in crowns means it's definitely not 1000 dollars.> It can't be "in its original country" (???) because most of the countries in Central Europe that existed in 1902 are no longer in existence.Post a new question with more of the bill's wording. Germany did not use crowns as its currency in 1902 so it's possible your bill is from a region such as Bohemia. Without more details it's impossible to say.
In todays modern notation of Roman numerals it means:1000+900+90+6=1996
WILL ANYBODY ANSWER THIS QUESTION todays the day after thanksgiving 2020