My posting dated April 06, 2005 in the British Raj List;

Question: Can anyone give me a general idea of the current value of one thousand sicca rupees in about 1820?

I would attempt an answer as follows:

I remember to have read that the price of gold in India in the early 19th century, and also during a long period before that, was Rs 21 for a tola. Tola is the traditional Indian measure for gold and is equal to 11.66 grams. Thus, around 1820, the price of gold would be Rs 18 per 10 g. The same today is around Rs 6,100. By the Rule of three, Rs 1,000 of 1820 would be equal to current Rs.338,889.