CA$100 in 1920 → CA$815.18 in 1998

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1920-1998 (CA$100)

According to Statistics Canada, the dollar experienced an average inflation rate of 2.73% per year. Prices in 1998 are 715.2% higher than prices in 1920.

In other words, CA$100 in the year 1920 is equivalent to CA$815.18 in 1998, a difference of CA$715.18 over 78 years.

The inflation rate in 1998 was 1.00%.

Inflation from 1920 to 1998
Cumulative price change 715.18%
Average inflation rate 2.73%
Price difference (CA$100 base) CA$715.18
CPI in 1920 11.2
CPI in 1998 91.3


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1920 to 1998

Start with the inflation rate formula:

CPI in 1998 / CPI in 1920 * 1920 CAD value = 1998 CAD value

Then plug in historical CPI values. The Canadian CPI was 11.2 in the year 1920 and 91.3 in 1998:

91.3 / 11.2 * CA$100 = CA$815.18

CA$100 in 1920 has the same "purchasing power" as CA$815.18 in 1998.


News headlines from 1920

Politics and news often play an important role in economic performance.

  • The League of Nations' first assembly takes place in Paris.
  • The British Parliament passes the Fourth Home Rule Act, dividing Ireland into two parts and leading to a yearlong Anglo-Irish war in the southern counties.
  • The Catholic Church canonizes Joan of Arc, formally making her a saint.
  • The 19th Amendment to the constitution is ratified granting U.S. woman suffrage for the first time.

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).


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