Credits in Context. How much is a Credit worth in 3300?

AV2012

AV2012
Given all the focus from some players on money making in Elite Dangerous, I think it would be useful to get a grip on what a single credit is worth. This might help players to understand why they get fined for abandoning delivery missions. It would also bet good to understand what a 400 CR fine equates to. Presumably Frontier must have offered some guidelines to the authors that wrote the official Elite Novels.

Anyone know what 1 credit is worth?
 

TheScotsman

T
400 cr fine for trespassing a station

300(give or take) for 1 ton of food

Would not surprise me if a single credit could buy you nothing.
 

Jackboot

Jackboot
TheScotsman said:
400 cr fine for trespassing a station

300(give or take) for 1 ton of food

Would not surprise me if a single credit could buy you nothing.
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Would seem to me that a single credit could buy you a pretty sizable portion of food, enough for a week anyway
 

fourty6to3

fourty6to3
TheScotsman said:
400 cr fine for trespassing a station

300(give or take) for 1 ton of food

Would not surprise me if a single credit could buy you nothing.
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Well considering that 1 ton is 2,000lbs I'd say that 1 credit is pretty valuable. I would love to buy 2,000lbs of food for $300.
 

Kicks

Kicks
Gold is only expensive on Earth because it is a limited resource.

If we've colonised a thousand other planets and can mine many more, it may not end up much more than bread....
 

knowles2

K
But that the same with Beer and Bread, it must be made and produce across at least dozens of planets if not hundreds. I bet every station has it own bakery.
 

adoredtv

adoredtv
AV2012 said:
Given all the focus from some players on money making in Elite Dangerous, I think it would be useful to get a grip on what a single credit is worth. This might help players to understand why they get fined for abandoning delivery missions.
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The fine for abandoning delivery missions only covers the cost of the commodities I believe (because you keep them, though they become stolen).
 

Commander Baracus

C
Well, one ton of animal meat at 1300 cr or so. That's 1.3cr per kilo assuming we're talking metric tons. I think 600g of chicken would set me back six quid or so. So one kilo is a tenner say? £10 = 1.3cr.

One ton of gold at 10,000cr would be about £130,000 by that reckoning. On the other hand $34,000,000 according to Kandarus. I'm a little rusty on exchange rates, but I think its £1 = $1.50 or so. So £21,000,000? Out by a factor of 150 or so. So either my maths is terrible, gold has come down a lot or a roast dinner is for the ultra rich in 3300. Or possibly we're not carrying a ton of gold...
 

Commander Baracus

C
lakofsth said:
Someone on Reddit had a go at analysing the value of a credit using beer: http://www.reddit.com/r/EliteDangerous/comments/2oo3fd/can_beer_tell_us_if_the_galaxy_is_overcrowded/

Gold is maybe a bad measure, as the ready availability in asteroid belts is a little different than the current situation here on Earth.
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Probably true. Most of the gold on Earth probably sank to the core during the iron catastrophe early on in Earth's history due to it's low melting point and high density. Terrestrial bodies with undifferentiated compositions would probably have more surface gold than what we see on Earth today.
 

Vasious

Vasious
Commander Baracus said:
Well, one ton of animal meat at 1300 cr or so. That's 1.3cr per kilo assuming we're talking metric tons. I think 600g of chicken would set me back six quid or so. So one kilo is a tenner say? £10 = 1.3cr.

One ton of gold at 10,000cr would be about £130,000 by that reckoning. On the other hand $34,000,000 according to Kandarus. I'm a little rusty on exchange rates, but I think its £1 = $1.50 or so. So £21,000,000? Out by a factor of 150 or so. So either my maths is terrible, gold has come down a lot or a roast dinner is for the ultra rich in 3300. Or possibly we're not carrying a ton of gold...
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It isn't that your Maths is terrible, it is more in the future Gold is cheaper.
174,100 tonnes of gold have been mined in human history, but in the Elite Dangerous future that is less than a ton per colonized system.
Gold isn't a rare as it once was to them.
Animal meat is probably a better place to start
 

lakofsth

lakofsth
Commander Baracus said:
Probably true. Most of the gold on Earth probably sank to the core during the iron catastrophe early on in Earth's history due to it's low melting point and high density. Terrestrial bodies with undifferentiated compositions would probably have more surface gold than what we see on Earth today.
Click to expand...

Hmm, thanks for the education! After reading the wikipedia article (why t.f. did they never teach me about the iron catastrophe in school?) it would suggest that undifferentiated planets would be missing a magnetosphere and so an atmosphere too. I guess mining would be possible though, but I would want some good radiation shielding.
 
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