CA$100 in 1916 → CA$822.22 in 1983

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1916-1983 (CA$100)

According to Statistics Canada, the dollar experienced an average inflation rate of 3.19% per year. Prices in 1983 are 722.2% higher than prices in 1916.

In other words, CA$100 in the year 1916 is equivalent to CA$822.22 in 1983, a difference of CA$722.22 over 67 years.

The inflation rate in 1983 was 4.59%.

Inflation from 1916 to 1983
Cumulative price change 722.22%
Average inflation rate 3.19%
Price difference (CA$100 base) CA$722.22
CPI in 1916 7.2
CPI in 1983 59.2


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1916 to 1983

Start with the inflation rate formula:

CPI in 1983 / CPI in 1916 * 1916 CAD value = 1983 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.2 in the year 1916 and 59.2 in 1983:

59.2 / 7.2 * CA$100 = CA$822.22

The "purchasing power" of CA$100 from 1916 is CA$822.22 in 1983.


News headlines from 1916

Politics and news often play an important role in economic performance.

  • Ottoman forces successfully defend access to Constantinople, leading to ANZAC forces withdrawal from the Gallipoli Peninsula.
  • An estimated 1 million men are killed during the Battle of Verdun.
  • The Easter Rising ends after Irish republicans abandon the post office in Dublin and surrenders.
  • Tanks known as, 'Little Willies', are used for the first time at the Battle of the Somme.
  • The first aerial combat in France is won by Manfred von Richthofen, known as The Red Baron, German Luftstreitkrafte flying ace

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).


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