According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.88% per year. Prices in 1988 are 608.8% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent in purchasing power to CA$708.82 in 1988, a difference of CA$608.82 over 69 years.
The inflation rate in 1988 was 3.88%.
|Cumulative price change||608.82%|
|Average inflation rate||2.88%|
|Price difference (CA$100 base)||CA$608.82|
|CPI in 1919||10.2|
|CPI in 1988||72.3|
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: “1919 dollars in 1988 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 22 Jan. 2018, http://www.in2013dollars.com/1919-CAD-in-1988.