CA$100 in 1918 → CA$740.43 in 1987

Canada Inflation Calculator

CA$

Canadian Inflation Rate, CA$100 in 1918 to 1987

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.94% per year. Prices in 1987 are 640.43% higher than prices in 1918.

In other words, CA$100 in 1918 is equivalent in purchasing power to CA$740.43 in 1987, a difference of CA$640.43 over 69 years.

The inflation rate in 1987 was 4.19%.

Inflation from 1918 to 1987
Cumulative price change 640.43%
Average inflation rate 2.94%
Converted amount (CA$100 base) CA$740.43
Price difference (CA$100 base) CA$640.43
CPI in 1918 9.4
CPI in 1987 69.6


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1918 to 1987

This inflation calculator uses the following inflation rate formula:

CPI in 1987 / CPI in 1918 * 1918 CAD value = 1987 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1918 and 69.6 in 1987:

69.6 / 9.4 * CA$100 = CA$740.43

CA$100 in 1918 has the same "purchasing power" or "buying power" as CA$740.43 in 1987.


Buying power of CA$100 since 1918

This chart shows calculations of buying power equivalence over time for CA$100 in 1918 (price index tracking began in 1914).

According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:

Year CAD Value Inflation Rate
1918 CA$100.00 13.25%
1919 CA$108.51 8.51%
1920 CA$119.15 9.80%
1921 CA$100.00 -16.07%
1922 CA$97.87 -2.13%
1923 CA$97.87 0.00%
1924 CA$96.81 -1.09%
1925 CA$98.94 2.20%
1926 CA$97.87 -1.08%
1927 CA$96.81 -1.09%
1928 CA$97.87 1.10%
1929 CA$100.00 2.17%
1930 CA$93.62 -6.38%
1931 CA$84.04 -10.23%
1932 CA$77.66 -7.59%
1933 CA$75.53 -2.74%
1934 CA$76.60 1.41%
1935 CA$78.72 2.78%
1936 CA$79.79 1.35%
1937 CA$82.98 4.00%
1938 CA$80.85 -2.56%
1939 CA$82.98 2.63%
1940 CA$87.23 5.13%
1941 CA$92.55 6.10%
1942 CA$95.74 3.45%
1943 CA$97.87 2.22%
1944 CA$95.74 -2.17%
1945 CA$97.87 2.22%
1946 CA$103.19 5.43%
1947 CA$118.09 14.43%
1948 CA$128.72 9.01%
1949 CA$129.79 0.83%
1950 CA$137.23 5.74%
1951 CA$152.13 10.85%
1952 CA$150.00 -1.40%
1953 CA$150.00 0.00%
1954 CA$150.00 0.00%
1955 CA$151.06 0.71%
1956 CA$155.32 2.82%
1957 CA$158.51 2.05%
1958 CA$162.77 2.68%
1959 CA$164.89 1.31%
1960 CA$167.02 1.29%
1961 CA$167.02 0.00%
1962 CA$170.21 1.91%
1963 CA$173.40 1.88%
1964 CA$176.60 1.84%
1965 CA$181.91 3.01%
1966 CA$188.30 3.51%
1967 CA$195.74 3.95%
1968 CA$204.26 4.35%
1969 CA$213.83 4.69%
1970 CA$215.96 1.00%
1971 CA$226.60 4.93%
1972 CA$238.30 5.16%
1973 CA$260.64 9.38%
1974 CA$293.62 12.65%
1975 CA$321.28 9.42%
1976 CA$339.36 5.63%
1977 CA$371.28 9.40%
1978 CA$403.19 8.60%
1979 CA$442.55 9.76%
1980 CA$491.49 11.06%
1981 CA$551.06 12.12%
1982 CA$602.13 9.27%
1983 CA$629.79 4.59%
1984 CA$653.19 3.72%
1985 CA$681.91 4.40%
1986 CA$710.64 4.21%
1987 CA$740.43 4.19%*
* Not final. See inflation summary for latest details.

News headlines from 1918

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

  • First recorded case of Spanish flu in Kansas, marking the beginning of a worldwide pandemic killing millions.
  • The Bolshevik Party changes its name to the Communist Party.
  • Moscow is declared the capital of Russia.
  • Tsar Nicholas II of Russia is executed along with his family by a Bolshevik squad in Ekaterinburg.

Data Source & Citation

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: “1918 dollars in 1987 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jul. 2018, https://www.officialdata.org/1918-CAD-in-1987.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


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