value of rupee against the poundH

[roofy]

Hi, does anyone know where i can find out how much 20,000 rupees would have been worth in sterling, circa 1833? thanks
Ruth

[roofy]

i think somebody moved this thread cos i inadvertently posted in the wrong place, but now i cant find it and dont know if anyone replied.
Roofy

[Gadget]

Hi Roofy

So far, I've got that  15 rupee = 1 pound  in the late 19th century.

In the late 19th century the customary exchange rate was 1 rupee to one shilling and fourpence in British currency, or 15 rupees to 1 pound sterling.

http://en.wikipedia.org/wiki/Rupee

and a bit here:

http://www.collectornetwork.com/articles/article_rupee.php




Still searching

Gadget

[roofy]

thanks Gadget, need to get my calculator out now;)

[Gadget]

Hold the calculator - I've found a closer value:

Meanwhile, the sicca rupee was in 1825, valued in Ceylon by an Order in Council at 2 shillings and 1 penny which was an over valuation by 4%. The comparison taken to determine the over valuation was the representative capacity of British silver and the prevailing price of silver in the market. This anomalous situation was rectified in 1833 by a Minute of the British Governor who fixed the value of a sicca rupee at 2 shillings.

http://coins.lakdiva.org/silver_rupee.html

[philipsearching]

Are we talking about the sicca rupee from Ceylon or the Indian rupee?

[Mr. MIGKY]

Well once you found out how much the Rupee's were worth against the £  in 1833, then use N.A "old money to new Converter" to find out what the £ then would be worth today.
Migky 

CLICK 4 N.A. MONEY CONVETER

[Gadget]

Are we talking about the sicca rupee from Ceylon or the Indian rupee?

Either at the moment - have you found anything closer 

[roofy]

Since the original post I have found more info from the london gazette re his estate and it definitely says, Ceylon rupees. Thankyou all again for your help and the links to converters.
Ruth


Hi everyone,
it was the Indian rupee, thankyou. I went to the sites and did the calculations, now all Ive got to figure out, is who got the money! and where are the wills for the three children who got the money. I love a mystery me!

Thanks again for your help, it gave me a real idea of how they managed to live and quite an insight into their lives,
Best
Ruth