Currency from 1899

[Ellenmai]

I'm trying to find out what ten shillings & also eighty pounds in 1899 would be worth today. I have tried using various sites but nothing is coming out the same  :-\I would be grateful for any help.

[Maggsie]

Ten Shillings in 1899 would be worth £79.23p

This is what I found

https://www.in2013dollars.com/uk/inflation/1899#:~:text=%C2%A3100%20in%201899%20is%20equivalent%20in%20purchasing%20power,today%2C%20producing%20a%20cumulative%20price%20increase%20of%2015%2C746.31%25.
 
Maggsie

[KGarrad]

Bank of England website shows £80 in 1899 would be worth £8493.55.
https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator

But it rather depends of how you define inflation?
Consumer Price Index?
Retail Price Index?
Composite Price Index?
Cost of Living Index?
Gross Domestic Product?
Average Earnings?

[Bookbox]

I normally recommend using the National Archives currency converter, which also gives you an idea of what money would actually buy at various dates (up to 2017).

https://www.nationalarchives.gov.uk/currency-converter/

[Ellenmai]

Thank you all very much for your answers & just what I was looking for 

[NickDub]

One other approach would be to find out the average pay a worker would expect to earn per week at the time you are researching.

[ShaunJ]

Beer was 3d a pint back then. Ten shillings would have bought 40 pints, so the equivalent of around £180 today by that measure.

By the same measure, £80 in 1899 would be the equivalent of £28,800 in today's beer money. 

[Ellenmai]

Thanks for your replies Nick & Shaun. Take it you are a beer fan Shaun