How can I convert the value of Dow stock in 1929 on the number of value today? For example: Dow was 381.17 in 1929 and how many Dow today. 4056 or 5000 or less.
The Dow and the stock market everything is measured in U.S. dollars and cents. This means that you must take into account inflation when you compare the market price of shares between the different years. And you can make such comparisons at this site:
http://www.measuringworth.com/uscompare/
If you use the price index to measure inflation. Then 381.17 Dow in 1929 is equivalent to 4613.69 today.
The Dow rose as of 11/12/2008 8282.66.
I do not know what you hear on the conversion of the value of Dow stock in today's digital value.
Keep in mind that the financial minds in 1929 never thought the Dow would crack 2,000.
look at a chart on Yahoo Finance
Posted on February 4, 2010.
