Confederate Inflation Chart

Using the best contemporary sources, this chart portrays the purchasing value in gold of Confederate Treasury Notes at various periods during the American Civil War. It is a composite tabulation reflecting generally the situation in Richmond, Virginia, the capital and financial center of the Confederacy. It depicts the basic exchange value; and it should be understood that in general purchases, the rate of exchange was also effected by the availability or rarity of a particular item, It is also well to remember that in all areas of great and rapid inflation, relative exchange charts are nebulus.

Official Publication #13
Richmond Civil War Centennial Committee
311 North Ninth Street
Richmond, Virginia
10863 3M

CONFEDERATE TREASURY NOTES

Their Relative Purchasing Power in GOLD


Date:	Notes Per $1.00 of Gold
1 May 1861	$1.05
1 October	$1.10
15 October	$1.12
15 November	$1.15
1 December	$1.20
1 February 1862	$1.25
15 February	$l.40
1 March	$1.50
15 March	$1.65
1 April	$1.75
15 April	$1.80
1 May	$1.90
15 May	$1.95
15 June	$2.00
1 August	$2.20
1 September	$2.50
1 February 1863	$3.00
15 February	$3.10
1 March	$3.25
15 March	$5.00
15 May	$6.00
1 June	$6.50
15 June	$7.50
1 July	$8.00
15 July	$10.00
15 August	$15.00
15 November	$15.50
15 December	$2l.00
1 March 1864	$26.00
1 April	$19.00
1 May	$20.00
15 August	$21.00
15 September	$23.00
15 October	$25.00
15 November	$29.00
1 December	$32.00
15 December	$51.00
1 January 1865	$60.00
1 February	$50.00
1 April	$70.00
15 April	$80.00
20 April	$100.00
1 May (last exchange)	$1200.00