I am curious to know the modern equivalent value of an ancient French currency unit called livre. I want to understand how much a livre would be worth in today's economy.
6 answers
Chloe_carter_model
Sat Nov 23 2024
The value of a pound or livre in historical terms was equivalent to 240 pennies or deniers.
BlockchainBaronessGuard
Sat Nov 23 2024
The term 'pound' originated from the weight of silver it represented.
EnchantedPulse
Sat Nov 23 2024
This suggests that, in today's currency, it would be worth approximately 5,000 dollars or euros.
Tommaso
Sat Nov 23 2024
Specifically, it referred to a pound in weight of silver, which ranged between a third and a half a kilogram of the precious metal.
DaeguDivaDanceQueen
Sat Nov 23 2024
It's important to note that there was no coin that represented this value directly.