CA$100 in 1915 → CA$939.68 in 1983

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1915-1983 (CA$100)

According to Statistics Canada, the dollar experienced an average inflation rate of 3.35% per year. Prices in 1983 are 839.7% higher than prices in 1915.

In other words, CA$100 in the year 1915 is equivalent to CA$939.68 in 1983, a difference of CA$839.68 over 68 years.

The inflation rate in 1983 was 4.59%.

Inflation from 1915 to 1983
Cumulative price change 839.68%
Average inflation rate 3.35%
Price difference (CA$100 base) CA$839.68
CPI in 1915 6.3
CPI in 1983 59.2


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1915 to 1983

Start with the inflation rate formula:

CPI in 1983 / CPI in 1915 * 1915 CAD value = 1983 CAD value

Then plug in historical CPI values. The Canadian CPI was 6.3 in the year 1915 and 59.2 in 1983:

59.2 / 6.3 * CA$100 = CA$939.68

CA$100 in 1915 has the same "purchasing power" as CA$939.68 in 1983.


News headlines from 1915

Politics and news often influence economic performance. Here's what was happening at the time:

  • French troops force Germans back into the Champagne region suffering losses of 50,000 men and gaining several hundred yards.
  • Germany uses poison gas for the first time in WWI.
  • Almost 430,000 French, British and Germans are killed in the Battle of Loos.
  • The one-millionth Model T is produced by Ford Motor Company.

Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “1915 dollars in 1983 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 15 Dec. 2017, http://www.in2013dollars.com/1915-CAD-in-1983.


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