According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.30% per year. Prices in 1992 are 1076.4% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,176.39 in 1992, a difference of CA$1,076.39 over 76 years.
The inflation rate in 1992 was 2.17%.
|Cumulative price change||1076.39%|
|Average inflation rate||3.30%|
|Price difference (CA$100 base)||CA$1,076.39|
|CPI in 1916||7.2|
|CPI in 1992||84.7|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1916 dollars in 1992 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Apr. 2018, http://www.in2013dollars.com/1916-CAD-in-1992.