What is it's Relative Value?

In 2005, $15.00 from 1803 is worth:

$257.65 using the Consumer Price Index
$253.36 using the GDP deflator
$4,136.84 using the unskilled wage
$453,349.35 using the real GDP per capita
$388,559.38 using the relative share of GDP

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See the source notes for: CPI | GDP | unskilled wage

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Samuel H. Williamson, "What is the Relative Value?" Economic History Services, June 2005, URL:

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