CA$100 in 1920 → CA$941.07 in 2004

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1920-2004 (CA$100)

According to Statistics Canada, the dollar experienced an average inflation rate of 2.70% per year. Prices in 2004 are 841.1% higher than prices in 1920.

In other words, CA$100 in the year 1920 is equivalent to CA$941.07 in 2004, a difference of CA$841.07 over 84 years.

The inflation rate in 2004 was 2.13%.

Inflation from 1920 to 2004
Cumulative price change 841.07%
Average inflation rate 2.70%
Price difference (CA$100 base) CA$841.07
CPI in 1920 11.2
CPI in 2004 105.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1920 to 2004

Start with the inflation rate formula:

CPI in 2004 / CPI in 1920 * 1920 CAD value = 2004 CAD value

Then plug in historical CPI values. The Canadian CPI was 11.2 in the year 1920 and 105.4 in 2004:

105.4 / 11.2 * CA$100 = CA$941.07

CA$100 in 1920 has the same "purchasing power" as CA$941.07 in 2004.


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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