CA$100 in 1919 → CA$746.08 in 1989

How to calculate the inflation rate for CA$100, 1919 to 1989

Start with the inflation rate formula:

CPI in 1989 / CPI in 1919 * 1919 CAD value = 1989 CAD value

Then plug in historical CPI values. The Canadian CPI was 10.2 in the year 1919 and 76.1 in 1989:

76.1 / 10.2 * CA$100 = CA$746.08

CA$100 in 1919 has the same "purchasing power" as CA$746.08 in 1989.

News headlines from 1919

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

• The German Farmer's Party, which would later develop into National Socialist Party, is formed.
• The Bolshevik party re-establishes the idea of a five-member Politburo at the 8th Congress of the Russian Communist Party, making it the central body of political power in the Soviet Union. Its first members were Vladimir Lenin, Leon Trotsky, Joseph Stalin, Lev Kamenev and Nikolai Krestinsky.
• The Turkish War of Independence begins after Mustafa Kemal Ataturk's lands at Samsun, on the Black Sea.
• The Treaty of Versailles is signed ending World War I and establishing the League of Nations.

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).

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