According to Statistics Canada, the dollar experienced an average inflation rate of 2.92% per year. Prices in 1993 are 744.1% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent to CA$844.12 in 1993, a difference of CA$744.12 over 74 years.
The inflation rate in 1993 was 1.65%.
|Cumulative price change||744.12%|
|Average inflation rate||2.92%|
|Price difference (CA$100 base)||CA$744.12|
|CPI in 1919||10.2|
|CPI in 1993||86.1|
Politics and news often play an important role in economic performance.