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Was curious why you went with a watch being 6 hours long instead of 4. This would mean only 18 miles traveled per day, with a 6 hour resting period.

4 hour watch x 6 miles traveled means standard 24 miles per day, with an 8 hour total resting period.

Also, how would you convert standard OSE or B/X gold rewards to this system? In OSE getting a couple thousand gold at once for the party can be pretty common even at low levels.

This is a tricky one to answer with a direct conversion. The values are generally lower, for example Plate Mail costs about 80% less coins in SaB than in OSE. However rations are over four times  pricier in SaB (that is to further increase the focus on survival). 

So the best answer is for you to get a feel for the economy and what gear is worth, and think how much impact that treasure is going to have. But as you get used to that, a good rule of thumb is to reduce it on a 4:1 ratio. (1000 gold treasure in OSE becomes 250 GP in SaB).

The cost of plate is the same in OSE as in SAB - 60 gp fyi. https://oldschoolessentials.necroticgnome.com/srd/index.php/Weapons_And_Armour

Huh, funny that, I must be misremembering from another game. 

Nonetheless, the 4:1 rate still stays based on how I run treasure values. 

This is one of the cases of "first come first saved'. I was first familiarized with the 6 hour watch, got used to playing with it, and when playtesting SaB it felt satisfying. 18 miles a day is a reasonable amount for fully geared adventurers on foot. 

unless you are talking horses, no adventurer is traveling 18 miles in a day let alone 24.

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A moderate hiking pace is 1.5-2 miles per hour. That's 9-12 miles per watch. That matches my experience backpacking in the Scouts. Adjust for terrain.