According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.81% per year. Prices in 1998 are 795.1% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent in purchasing power to CA$895.10 in 1998, a difference of CA$795.10 over 79 years.
The inflation rate in 1998 was 1.00%.
|Cumulative price change||795.10%|
|Average inflation rate||2.81%|
|Price difference (CA$100 base)||CA$795.10|
|CPI in 1919||10.2|
|CPI in 1998||91.3|
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 1998 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1919-CAD-in-1998.