Canada Inflation Calculator
Canadian Inflation Rate, CA$100 in 1918 to 1992
According to Statistics Canada consumer price index, prices in 1992 are 801.06% higher than average prices throughout 1918. The dollar experienced an average inflation rate of 3.02% per year during this period, meaning the real value of a dollar decreased.
In other words, CA$100 in 1918 is equivalent in purchasing power to about CA$901.06 in 1992, a difference of CA$801.06 over 74 years.
The 1918 inflation rate was 13.25%. The inflation rate in 1992 was 2.17%. The 1992 inflation rate is higher compared to the average inflation rate of 1.70% per year between 1992 and 2019.
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| Cumulative price change | 801.06% |
| Average inflation rate | 3.02% |
| Converted amount (CA$100 base) | CA$901.06 |
| Price difference (CA$100 base) | CA$801.06 |
| CPI in 1918 | 9.400 |
| CPI in 1992 | 84.700 |
| Inflation in 1918 | 13.25% |
| Inflation in 1992 | 2.17% |
Buying power of CA$100 in 1918
This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" 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:
How to Calculate Inflation Rate for CA$100, 1918 to 1992
This inflation calculator uses the following inflation rate formula:
CPI in 1992CPI in 1918
×
1918 CAD value
=
1992 CAD value
Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1918 and 84.7 in 1992:
84.79.4
×
CA$100
=
CA$901.06
CA$100 in 1918 has the same "purchasing power" or "buying power" as CA$901.06 in 1992.
To get the total inflation rate for the 74 years between 1918 and 1992, we use the following formula:
CPI in 1992 - CPI in 1918CPI in 1918
×
100
=
Cumulative inflation rate (74 years)
Plugging in the values to this equation, we get:
84.7 - 9.49.4
×
100
=
801%
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 1992 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 25 Aug. 2019, https://www.officialdata.org/1918-CAD-in-1992.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 801.06% |
| Average inflation rate | 3.02% |
| Converted amount (CA$100 base) | CA$901.06 |
| Price difference (CA$100 base) | CA$801.06 |
| CPI in 1918 | 9.400 |
| CPI in 1992 | 84.700 |
| Inflation in 1918 | 13.25% |
| Inflation in 1992 | 2.17% |