Austro-Hungarian economy

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Karl
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Post by Karl » 20 Mar 2004 09:01

I don’t know anything about that.

But, AFAIK, the Crown was ‘linked’ to the GS. God knows about the Florin…

So still nothing about the Crown or Franc? :roll:

Karl
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Post by Karl » 23 Mar 2004 07:10

BTW: Russia adopted GS 1892.

Why?

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hauptmannn
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Post by hauptmannn » 15 Apr 2004 15:55

It seems like nobody knows about the crown

Karl
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Post by Karl » 03 Jun 2004 02:46

hauptmannn wrote:It seems like nobody knows about the crown


So it seems.

We shan’t give up, shall we.

Karl
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Post by Karl » 08 Jun 2004 15:12

Prewar conversion rate:
£1 : $4.86

Hunt continues…

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hauptmannn
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Post by hauptmannn » 10 Jun 2004 16:18

I applaud your efforts Karl nevertheless :)

Karl
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Post by Karl » 23 Jul 2004 14:52

Four months und nichts. :x

What to do.

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maxxx
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Post by maxxx » 24 Jul 2004 12:10

Just a message to cheer you up, Karl. :)
Maybe you can get information from Österreichische Nationalbank (try a search)

I think most members of this forum enjoy weapons more than economy...

Karl
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Post by Karl » 24 Jul 2004 13:10

maxxx wrote:Just a message to cheer you up, Karl. :)
Maybe you can get information from Österreichische Nationalbank (try a search)

I think most members of this forum enjoy weapons more than economy...


'I'll be back...'

:lol:

Karl
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Post by Karl » 27 Jul 2004 11:13

A start:

Image
[Courtesy Oesterreichische Nationalbank]

What does Geldkurse and Bankplätze mean exactly?

Karl
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Post by Karl » 31 Jul 2004 23:57

I still don't understand this chart or I can't bring myself to concentrate on the figures.

Interpretation would be appreciated.

Karl

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Gyenes
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Post by Gyenes » 07 Aug 2004 08:26

With my limited German skills I translate Geldkurse as buying rate, maybe exchange rate or something in that sense... Can't quite make a clear descion...

As to Bankplätze it means Bankplaces literally, but in this context I haven't the slightest clue. However, Deutsche Bankplätze in such context may mean German Banks or banks in germany... I am trying to offer the best that I can.

Still, Waehrungsverhaeltnisse does mean currency ratios, so if we could just figure out the bloody chart we would be in luck, lol. Yet, Devisen means visas... so the second line is like: "Buying rates of the the visas..."

Perhaps if you could ask a native German speaker he could help you more on the translations.

Karl
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Post by Karl » 11 Aug 2004 06:08

We have this:

viewtopic.php?t=55742

But in reality it doesn’t bring us that much closer to understanding the chart. We need an economist or else one of us will need to really concentrate on all those numbers…but nobody gives a s*** and I can't do it now.

nondescript handle
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Post by nondescript handle » 26 Sep 2004 18:32

Karl wrote:A start:
[pic removed]
What does Geldkurse and Bankplätze mean exactly?


Deutsche Bankplätze = German currency markets/stock exchanges
Geldkurs = 'bid price', the price to sell the thing (e.g. foreign currency)
The opposite is Briefkurs, 'ask price', the price to buy the thing (e.g. foreign currency).

HTH and regards
Mark

Karl
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Post by Karl » 22 Oct 2004 23:25

Here is more info, this time provided by nondescript handle aka Mark:

(In the rest of the text: Krone = crown, gramm is the SI gramm)
A-H money conversion 1892-1900: 1 Gulden (=100 Kreuzer; 1 Gulden = 14 gramm silver) = 2 Kronen (1 Krone = 100 Heller; 10 Kronen = 3.049 gramm gold)

1 A-H Krone = 0.304 gramm gold
1 German Mark = 0.358 gramm gold; gold relation 1:1.177
This works fine with the German column of your chart: ~118 Kronen buys 100 Mark
1 Pound Sterling = 7.322 gramm gold; gold relation 1:24; British column: ~24 Kronen buys 1 Pound Sterling.
1 French Franc = 0.290 gramm gold; gold relation 1:0.95; French column: ~95 Kronen buys 100 French Francs.
1 US Dollar = 1.504 gramm gold, this would indicate that 4.94 Kronen buys 1 Dollar.

If no one else does it first we can finally tie it all up next week some time.

Karl

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