According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.83% per year. Prices in 1993 are 668.8% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent in purchasing power to CA$768.75 in 1993, a difference of CA$668.75 over 73 years.
The inflation rate in 1993 was 1.65%.
|Cumulative price change||668.75%|
|Average inflation rate||2.83%|
|Price difference (CA$100 base)||CA$668.75|
|CPI in 1920||11.2|
|CPI in 1993||86.1|
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 1993 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1920-CAD-in-1993.