Money question

[Alina L. Israeli]

60,000 would be 6,000 in 1961 terms (in France they eliminated two zeros, in the SU only one), not 600. So not six months but a 5 year salary of a driver, teacher or doctor.

It was a price of 3 big cars. 

Цены на новые автомобили в СССР:

1949-1953 гг.:

— Москвич-401 — 8 000 руб.,
— ГАЗ М20В "Победа" — 16 000 руб.,
— ЭМВ-312 (БМВ производства ГДР) — 25 000 руб.,
— ГАЗ-12 — 40 000 руб.,

(source http://www.drive2.ru/b/288230376151863597/)

Alina
On Jun 23, 2014, at 4:37 PM, Richard Robin <rrobin at EMAIL.GWU.EDU> wrote:

> ​Others will correct me if I'm wrong. But in 1950, the ruble was ​officially worth 10 times the amount it was worth at devaluation in 1961. In 1961, the average salary was 100 rubles. A university full professor made about 400 - 500, a bus driver, 150 or so. In 1961 the official exchange rate was $1.10 to the ruble, unoffocially a ruble was about 20 to 25 cents.
> 
> So 60,000 r then would have been 600 r in 1961, about sixth months average salary.
> 
> Rich
> 


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