Historical Currency Converter
Conducting historical research, one often encounters odd currencies, measures, and calendars, all of which are bound to space and time. Calender conversion tools can be readily found on the internet (a good example is CalendarHome’s adaptation of Fourmilab’s code), but converters for non-metric currencies and weights are a bit trickier to come by. As I found myself repeatedly computing exchange rates between Ottoman Lira, British Pound Sterling, US Dollars, and French Francs, I wrote a simple javascript and html frontend.
The javascript is available on GitHub. Check the source of this page to look at the implementation.
The quick and dirty implementation
These forms are a rough sketch and allow to calculate exchange rates between Pound Sterling, Ottoman Lira, and Metric currencies and to convert any of the three currency types into any other using a supplied rate. The Pound Sterling is computed as £1 = 20s. = d. and the Ottoman Lira as £T1 = Ps 100 = Para. When Ottoman is chosen as the output, values are returned on a piaster (Ps) base, following the practice of most contemporaneous sources. This was due to the falling silver prices and the resulting limping gold standard of the late nineteenth century. In consequence, and even though the nominal value of £T1 remained Ps 100,the Ottoman empire established an official exchange rate of £T1= Ps 123 in May 1883.
Values must be supplied as denominations separated by a dash; i.e. £1 =’1-0-0’, Ps 245”20 = ‘0-245-20’ or ‘2-45-20’. For metric currencies, values are supplied as unit-hundreds-00; i.e. $4.78 = ‘4-78-00’.