According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.86% per year. Prices in 1991 are 640.2% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent in purchasing power to CA$740.18 in 1991, a difference of CA$640.18 over 71 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||640.18%|
|Average inflation rate||2.86%|
|Price difference (CA$100 base)||CA$640.18|
|CPI in 1920||11.2|
|CPI in 1991||82.9|
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: “1920 dollars in 1991 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1920-CAD-in-1991.