According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.68% per year. Prices in 2007 are 900.0% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent in purchasing power to CA$1,000 in 2007, a difference of CA$900.00 over 87 years.
The inflation rate in 2007 was 2.38%.
|Cumulative price change||900.00%|
|Average inflation rate||2.68%|
|Price difference (CA$100 base)||CA$900.00|
|CPI in 1920||11.2|
|CPI in 2007||112|
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 2007 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Apr. 2018, http://www.in2013dollars.com/1920-CAD-in-2007.