According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.97% per year. Prices in 2013 are 1604.2% higher than prices in 1916.
In other words, CA$100 in the year 1916 is equivalent in purchasing power to CA$1,704.17 in 2013, a difference of CA$1,604.17 over 97 years.
The inflation rate in 2013 was 1.24%.
|Cumulative price change||1604.17%|
|Average inflation rate||2.97%|
|Price difference (CA$100 base)||CA$1,604.17|
|CPI in 1916||7.2|
|CPI in 2013||122.7|
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 2013 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Jan. 2018, http://www.in2013dollars.com/1916-CAD-in-2013.