It has been a long time since I done any calculations of this type - like 20+ years, as far as power calculations for different frequencies.
From what I recall what matters most is the RMS voltage. For a resistive load the resistance will be constant therefore the current will be proportional to input voltage. RMS voltage is basically the effective DC equivelant while peak voltage and average voltage will be different values. So if you have 230 volts at 2 Hz RMS you will get same current through a resistive load as you will with 230 volts 60Hz RMS. The peak and average voltages will not be the same but the RMS voltage will be.
Most 50 Hz systems usually operate at around 220 volts instead of 240 volts nominal like most 60 Hz systems from what I understand. Therefore most 50 Hz rated equipment will likely be designed for 220 volts and not 240 (nominal voltage).
Jbolen: are you sure it is rated 230 volt 50 Hz? If so maybe it was designed to operate within its limits on a 60 Hz system at up to 250 volts? If you were to use it on a 208 volt system I don't see there would be any problem at all. 240 volt system it will probably work but will use more power than it is rated at, could shorten the life of it some.