Currency and Wages

Overview
Unlike the modern world, currency at this time is not on the decimal system (a system made up of multiples of ten.) Instead the basic unit is £1 (pound) which represents the equivalent of a pound in the weight of silver. Despite that seeming simple enough, there isn’t actually a one pound coin, instead there are a series of smaller silver coins. The common coins are the penny (1d) and the shilling (1s) to which 12 pennies make a shilling and 20 shillings make £1.

You would measure the wealth of somebody based on how many pounds they have. A rich merchant for example would be someone with more than £1000, a middle merchant would be someone with more than £500, whilst anybody with below that amount would be a regular tradesman, shopkeeper or skilled worker.

For the purpose of this role-play coinage is mainly represented in shillings, with wealthier members of society often using pounds. This is purely to simplify things for everyone as we are aware that the realistic medieval money system is a complicated one. This section is purely for role-play detail as we do not have a money system implemented in this RPG.