Talk:Bits/@comment-66.142.52.130-20120331155510/@comment-4914628-20120407124631

Asparagus is one of the most expensive vegitables in the USA going at 3-4 USD per pound. In the show, about a half a pound is sold for 1 bit. Based on this, one bit is 3.5 / 2 or 1.75 USD

In the USA, tomatoes go for around 6/5 USD for the pound. Apparently, the average tomato weighs in at about 4 ounces. 3 Tomatoes are sold to Fluttershy for 1 to 2 bits. Based on this, one bit is ((3/4)*(6/5))/1.5 or .6 USD

The cherry in putting your hoof down was originally going for one bit. Cherries go for about 5 USD for a pound. One cherry is about 7.5 grams or .26 ounces or 0.0165 pounds. Based on these figures, a cherry goes for about .0825 USD. Based on this, one bit is .0825 USD.

One pint of homemade, legitimate apple cider goes for 2 bits in ponyville. Prices for real, good quality apple cider go for around 3.5 USD for a pint in the US. Based on this, one bit is 3.5 / 2 or 1.75 USD.

Now to average everything. (2(1.75) + .6 + .0825) / 4 = 1.05

It can therefore be estimated, based on these figures that one bit is around 1.05 USD or .8 EUR. However, given that I only have 4 things to work with, and that there huge gaps in the different values, I wouldn't consider it a very reliable conversion...

Anyway, 1 bit ≈ 1.05 USD