1 Galleon = 17 Sickles = 493 Knuts
[1Galleon = ~ £5 or US$7.33]

Money in the Wizard's Wardrobe is determined originally by the Chargen system. When creating a character, a player may convert any or all unused Chargen credits into wizarding money. Once converted, however, money may not be changed back into Chargen credits. In addition, characters may have the option to earn money throughout the school year and on breaks by performing various tasks, chores or employment.

Members may purchase various items (including school supplies) with their money. A character's money must be recorded on their Character Directory page and updated each time a purchase is made. In general, normal items (such as toothpaste, socks, etc.) are considered givens, not possessions, and need not be purchased. Non-standard items (such as school supplies, magical items, jokes or other special items (singing socks, magical toothpaste etc.) will be considered possessions and must be purchased.

Posessions may be perishable or non-perishable.

• Perishable possessions must be used within the one year of purchase. This includes items such as food, potions ingredients, one-use magical items, standard paper, quills, ink.
• Non-perishable items remain with the person until lost, sold, stolen or given away.