According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.79% per year. Prices in 2004 are 933.3% higher than prices in 1919.
In other words, CA$100 in the year 1919 is equivalent in purchasing power to CA$1,033.33 in 2004, a difference of CA$933.33 over 85 years.
The inflation rate in 2004 was 2.13%.
|Cumulative price change||933.33%|
|Average inflation rate||2.79%|
|Price difference (CA$100 base)||CA$933.33|
|CPI in 1919||10.2|
|CPI in 2004||105.4|
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 2004 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Apr. 2018, http://www.in2013dollars.com/1919-CAD-in-2004.