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+----- Thread: The Gringotts Currency Guide (/showthread.php?tid=84)
The Gringotts Currency Guide - Dorian Montreaux - 07-18-2025
In the wizarding world of Knockturn Bound, we would like money to matter. As a means of world-building and crafting a system that better helps you to understand your character’s class and standing, the currency exchange has been created. This is the official governance of money on this site and is to be used only for reference purposes rather than any real legal tender. This is not meant to cause OOC divides or contention, it is simply another layer stacked onto our RPG that you can play around with and explore for your character.
This reference guide bears no relation to the OOC Gringotts Vault system and is for IC purposes only.
The guide intends to explain how galleons, sickles and knuts work on our site and how they connect to muggle money, jobs, and everyday life during this time period.
Please note, all money has been adjusted for inflation to be more accurate to the setting of the 1920s.
Magical Conversions
| 1 Galleon | 17 Sickles |
| 1 Sickle | 29 knuts |
| 1 Galleon | 493 knuts |
Wizarding - Muggle Conversion
| 1 Galleon | £2/USD$9.72 |
| 1 Sickle | 2 shillings/USD$0.49 |
| 1 Knut | 1 penny/USD$0.02 |
General Pay Scale:
Minimum wage jobs: ex. Shop assistants, junior clerks, owlery attendant etc.
- Daily pay: 9 - 10 Sickles
- Weekly: 2.5 - 3 Galleons
- Yearly: ~130 Galleons
- Likely live with family or rent a shared flat/apartment.
Middle-Class jobs: ex. Hogwarts Professors, Ministry clerks, Auror trainees, healers-in training etc.
- Daily pay: 1.5 - 2 Galleons
- Weekly: 7 - 10 Galleons
- Yearly: ~500 Galleons
- Own a small flat, afford modest luxuries, can build savings.
Comfortably Paid jobs: ex. Senior Auror, Department Heads, Journal Editors, Established Healers, etc.
- Daily pay: 3 - 5 Galleons
- Weekly: 15 - 25 Galleons
- Yearly: ~1000 - 1300 Galleons
- Afford property, private tutors, top tier broomsticks, etc.
Prestige tier jobs: ex. Unspeakable, international traders, successful inventors, etc.
- Daily pay: 7 - 10 Galleons
- Weekly: 35 - 50 Galleons
- Yearly: 1500 - 2500+ Galleons
- Live in estates, sponsor magical research, travel abroad, etc.
Note: The salaries mentioned above do not cover every occupation and are only meant to be a general guide on what to expect depending on the type of occupation. Institutions such as The Ministry of Magic and St. Mungo's Hospital for Magical Maladies and Injuries, both provide detailed and comprehensive lists of salaries for their employees.
Common Monthly Expenses:
Note: This is not exhaustive and is only meant to give a general guide.
| Item | Estimated Cost | Notes |
| Rent (shared flat, modes) | 5 - 15 Galleons | Basic rom in shared home or backroom above a shop. |
| Rent (private flat) | 20 - 30 Galleons | Mid-sized apartment, includes fireplace. |
| Rent (comfortable house) | 40 - 60 Galleons | Two/three-bedroom home, secure area, includes hearth & floo line. |
| Groceries (1 adult) | 10 - 15 Galleons | Includes standard muggle and magical meal items. |
| Utilities (heat, fireplace maintenance, etc.) | 2 - 5 Galleons | Includes floor upkeep, wand check ups, owl post, electricity, tax, water) |
| Social expenses (pubs, gifts, etc.) | 2 - 10 Galleons | butterbeer, bookstore, apothecary visits, sweets, etc. |
| School-aged child | 10 - 20/year | Books, robes, potions equipment, etc. |
Home ownership:
Note: This is only a guide to give you a general idea. Many more wizards can fit into any of these categories, as well those who manage their money well or have other sources of income will naturally be able to afford more.
| Type | Annual Cost (Galleons) | Style | Likely Occupants |
| Starter Cottage | 80 - 100 | Young wizards, couples starting out, ministry clerks | |
| Flat/Terrace House | 130 - 200 | Small families, professors, ministry employees, city-bound wizards | |
| Townhome | 250 - 400 | Well-off families, merchant class, mid-sized families | |
| Country Home | 300 - 500+ | Larger families, department heads, healers, apothecaries | |
| Estate/Manor | 600 - 900+ | Old magical families, retired aurors, inventors |