1. Take the amount and look up gold's average price, in the same currency, for that year.
2. Divide → the amount is now expressed in troy ounces of gold.
3. Multiply the ounces by today's gold price (in your target currency) → today's gold-priced equivalent.
Gold and exchange-rate figures here are annual averages baked into the page, not a live feed — good enough for "what was this roughly worth", not for trading or legal/tax use. Use the dedicated "DM — Deutsche Mark" option for real pre-1999 German amounts (e.g. a 1975 salary) — enter the actual Deutschmark figure directly, no manual conversion needed. The EUR option is meant for 1999 onward; it also computes for earlier years via the fixed conversion rate (1 EUR = 1.95583 DEM), but that only makes sense if the amount you're entering is already a retroactively-converted euro figure, which is unusual. Currency conversion only starts in 1950 — for earlier years, choose USD or work in gold ounces directly.
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