Thank you for the link. I read it. Very odd edict I must say. Informational for I am new in collecting Japanese awards and medals
Thank you for the link. I read it. Very odd edict I must say. Informational for I am new in collecting Japanese awards and medals
Nice award. Rich A. in Pa.
1969 Shelby GT-500 King of the Road
Knowledge is power, guard it well.
The citation also mentions that SGT Oda's award comes with a bonus of ¥1,300.00. That sum, according to this calculator says the buying power was roughly equivalent to $3,750 in 2015:
Perhaps Nick can tell us whether or not this caluclator is close to being accurate.What is the equivalent of 1300 Japanese yen [1877-2015] in year 1940 in the currency of US dollar [1791-2015] in year 2015?
1300 Japanese yen [1877-2015] in year 1940 could buy the same amount of consumer goods and services in Sweden as 3749.9028017595747 US dollar [1791-2015] could buy in Sweden in year 2015. This comparison should be used if the purpose of the analysis is to compare absolute worth over time rather than relative worth.
Another way to compare the worth of money in different periods is to estimate how much labour power an amount of money could buy. 1300 Japanese yen [1877-2015] in year 1940 was the amount a male worker in Sweden received in wage for 880.8017277882966 hours work. A male worker in Sweden in 2015 received 21844.535669608333 US dollar [1791-2015] in wage for 880.8017277882966 hours worked. This comparison should be used if the purpose of the analysis is to compare relative worth over time rather than absolute worth.
[dunno if the following are good data or not!]
1300 Japanese yen [1877-2015] in year 1940 could buy 267.65126466606023 gram gold. The price of 267.65126466606023 gram gold in year 2015 was 9982.53436697819 US dollar [1791-2015].
1300 Japanese yen [1877-2015] in year 1940 could buy 26700.890163086155 gram silver. The price of 26700.890163086155 gram silver in year 2015 was 13460.551707749588 US dollar [1791-2015].
--Guy
Similar Threads
Bookmarks