CA$100 in 1918 → CA$954.26 in 1996

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1918-1996 (CA$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.93% per year. Prices in 1996 are 854.3% higher than prices in 1918.

In other words, CA$100 in the year 1918 is equivalent in purchasing power to CA$954.26 in 1996, a difference of CA$854.26 over 78 years.

The inflation rate in 1996 was 2.16%.

Inflation from 1918 to 1996
Cumulative price change 854.26%
Average inflation rate 2.93%
Price difference (CA$100 base) CA$854.26
CPI in 1918 9.4
CPI in 1996 89.7


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1918 to 1996

Start with the inflation rate formula:

CPI in 1996 / CPI in 1918 * 1918 CAD value = 1996 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1918 and 89.7 in 1996:

89.7 / 9.4 * CA$100 = CA$954.26

CA$100 in 1918 has the same "purchasing power" as CA$954.26 in 1996.


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.

Inflation Data Source

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 1996 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Apr. 2018, http://www.in2013dollars.com/1918-CAD-in-1996.


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