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  1. #1
    Satalextos Basileus Seron Member satalexton's Avatar
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    Default Currency values and etc.

    How much would a mnai during EB's time frame worth in equivilant to say...in US dollars? =/

    And how much could 1 mnai get you?

    Say, if i'm a reasonably well off (a nice estate, some slaves and workers tilling it for me, being able to provide myself gear for wars as a pezhetairoi...) citizen of Makedonia, and I'd like to buy some silk from Sinae, would that cost me an arm and a leg?




    "ΜΗΔΕΝ ΕΩΡΑΚΕΝΑΙ ΦΟΒΕΡΩΤΕΡΟΝ ΚΑΙ ΔΕΙΝΟΤΕΡΟΝ ΦΑΛΑΓΓΟΣ ΜΑΚΕΔΟΝΙΚΗΣ" -Lucius Aemilius Paullus

  2. #2
    Symbasileus ton Rhomaioktonon Member Maion Maroneios's Avatar
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    Default Re: Currency values and etc.

    According to a previous post with the same question, a mina is worth 450gr (or 15.8732 ounces) of silver. If you take in mind that currently the value of silver is 11.24$ per ounce, then you get that 1mnai is equivalent to about 212.135 modern US dollars.

    EDIT: Just for the fun of it, if you play a bit with numbers you'll find out that (according to Thoukydides) a standard Athenian hoplite was paid 1 drachme per day, or 2.121$ per day (with modern standards and taking into mind that a drachme is 100 times less worth than a mina). So don't go saying modern money sucks, or try working as a soldier for 2$ per day

    Maion
    Last edited by Maion Maroneios; 01-12-2009 at 14:13.
    ~Maion

  3. #3
    Senior Member Senior Member Ibn-Khaldun's Avatar
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    Default Re: Currency values and etc.

    Quote Originally Posted by Maion Maroneios View Post
    So don't go saying modern money sucks, or try working as a soldier for 2$ per day
    There are places in modern world where 2$ a day is a lot of money.

  4. #4
    Member Member Hax's Avatar
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    Default Re: Currency values and etc.

    Have you also taken in mind natural inflation?
    This space intentionally left blank.

  5. #5
    Ming the Merciless is my idol Senior Member Watchman's Avatar
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    Default Re: Currency values and etc.

    Plus if we're talking about the citizen-hoplites here that's not so much a wage as a compensation for the "day work" they're not doing while under arms.
    "Let us remember that there are multiple theories of Intelligent Design. I and many others around the world are of the strong belief that the universe was created by a Flying Spaghetti Monster. --- Proof of the existence of the FSM, if needed, can be found in the recent uptick of global warming, earthquakes, hurricanes, and other natural disasters. Apparently His Pastaness is to be worshipped in full pirate regalia. The decline in worldwide pirate population over the past 200 years directly corresponds with the increase in global temperature. Here is a graph to illustrate the point."

    -Church of the Flying Spaghetti Monster

  6. #6
    Symbasileus ton Rhomaioktonon Member Maion Maroneios's Avatar
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    Default Re: Currency values and etc.

    Quote Originally Posted by Ibn-Khaldun View Post
    There are places in modern world where 2$ a day is a lot of money.
    Well, I was joking you know. I know there are people in this world, that sadly enough work with an even less daily wage.

    Quote Originally Posted by Hax View Post
    Have you also taken in mind natural inflation?
    I think you mean plain inflation. Natural inflation has to do with Physics. And nope, as it's quite difficult (corrected this part, got to sharpen my wits from now). I just have taken account of how much silver is worth in modern US dollars.

    Quote Originally Posted by Watchman View Post
    Plus if we're talking about the citizen-hoplites here that's not so much a wage as a compensation for the "day work" they're not doing while under arms.
    Well, in any case Thoukydides states they where paid 1 drachme per day. If that was a fixed salary or just an extra as a compensation, as you stated, I do not know.

    Maion
    Last edited by Maion Maroneios; 01-12-2009 at 23:48.
    ~Maion

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