According to Statistics Canada consumer price index, prices in 2007 are 900.00% higher than average prices throughout 1920. The dollar experienced an average inflation rate of 2.68% per year during this period.
In other words, CA$100 in 1920 is equivalent in purchasing power to CA$1,000 in 2007, a difference of CA$900.00 over 87 years.
The 1920 inflation rate was 9.80%. The inflation rate in 2007 was 2.38%. The 2007 inflation rate is higher compared to the average inflation rate of 1.47% per year between 2007 and 2019.
Cumulative price change | 900.00% |
Average inflation rate | 2.68% |
Converted amount (CA$100 base) | CA$1,000 |
Price difference (CA$100 base) | CA$900.00 |
CPI in 1920 | 11.200 |
CPI in 2007 | 112.000 |
Inflation in 1920 | 9.80% |
Inflation in 2007 | 2.38% |
This chart shows calculations of buying power equivalence over time for CA$100 in 1920 (price index tracking began in 1914).
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
Year | CAD Value | Inflation Rate |
---|---|---|
1920 | CA$100.00 | 9.80% |
1921 | CA$83.93 | -16.07% |
1922 | CA$82.14 | -2.13% |
1923 | CA$82.14 | 0.00% |
1924 | CA$81.25 | -1.09% |
1925 | CA$83.04 | 2.20% |
1926 | CA$82.14 | -1.08% |
1927 | CA$81.25 | -1.09% |
1928 | CA$82.14 | 1.10% |
1929 | CA$83.93 | 2.17% |
1930 | CA$78.57 | -6.38% |
1931 | CA$70.54 | -10.23% |
1932 | CA$65.18 | -7.59% |
1933 | CA$63.39 | -2.74% |
1934 | CA$64.29 | 1.41% |
1935 | CA$66.07 | 2.78% |
1936 | CA$66.96 | 1.35% |
1937 | CA$69.64 | 4.00% |
1938 | CA$67.86 | -2.56% |
1939 | CA$69.64 | 2.63% |
1940 | CA$73.21 | 5.13% |
1941 | CA$77.68 | 6.10% |
1942 | CA$80.36 | 3.45% |
1943 | CA$82.14 | 2.22% |
1944 | CA$80.36 | -2.17% |
1945 | CA$82.14 | 2.22% |
1946 | CA$86.61 | 5.43% |
1947 | CA$99.11 | 14.43% |
1948 | CA$108.04 | 9.01% |
1949 | CA$108.93 | 0.83% |
1950 | CA$115.18 | 5.74% |
1951 | CA$127.68 | 10.85% |
1952 | CA$125.89 | -1.40% |
1953 | CA$125.89 | 0.00% |
1954 | CA$125.89 | 0.00% |
1955 | CA$126.79 | 0.71% |
1956 | CA$130.36 | 2.82% |
1957 | CA$133.04 | 2.05% |
1958 | CA$136.61 | 2.68% |
1959 | CA$138.39 | 1.31% |
1960 | CA$140.18 | 1.29% |
1961 | CA$140.18 | 0.00% |
1962 | CA$142.86 | 1.91% |
1963 | CA$145.54 | 1.88% |
1964 | CA$148.21 | 1.84% |
1965 | CA$152.68 | 3.01% |
1966 | CA$158.04 | 3.51% |
1967 | CA$164.29 | 3.95% |
1968 | CA$171.43 | 4.35% |
1969 | CA$179.46 | 4.69% |
1970 | CA$181.25 | 1.00% |
1971 | CA$190.18 | 4.93% |
1972 | CA$200.00 | 5.16% |
1973 | CA$218.75 | 9.38% |
1974 | CA$246.43 | 12.65% |
1975 | CA$269.64 | 9.42% |
1976 | CA$284.82 | 5.63% |
1977 | CA$311.61 | 9.40% |
1978 | CA$338.39 | 8.60% |
1979 | CA$371.43 | 9.76% |
1980 | CA$412.50 | 11.06% |
1981 | CA$462.50 | 12.12% |
1982 | CA$505.36 | 9.27% |
1983 | CA$528.57 | 4.59% |
1984 | CA$548.21 | 3.72% |
1985 | CA$572.32 | 4.40% |
1986 | CA$596.43 | 4.21% |
1987 | CA$621.43 | 4.19% |
1988 | CA$645.54 | 3.88% |
1989 | CA$679.46 | 5.26% |
1990 | CA$713.39 | 4.99% |
1991 | CA$740.18 | 3.75% |
1992 | CA$756.25 | 2.17% |
1993 | CA$768.75 | 1.65% |
1994 | CA$770.54 | 0.23% |
1995 | CA$783.93 | 1.74% |
1996 | CA$800.89 | 2.16% |
1997 | CA$807.14 | 0.78% |
1998 | CA$815.18 | 1.00% |
1999 | CA$836.61 | 2.63% |
2000 | CA$863.39 | 3.20% |
2001 | CA$869.64 | 0.72% |
2002 | CA$902.68 | 3.80% |
2003 | CA$921.43 | 2.08% |
2004 | CA$941.07 | 2.13% |
2005 | CA$960.71 | 2.09% |
2006 | CA$976.79 | 1.67% |
2007 | CA$1,000.00 | 2.38% |
2008 | CA$1,011.61 | 1.16% |
2009 | CA$1,025.00 | 1.32% |
2010 | CA$1,049.11 | 2.35% |
2011 | CA$1,073.21 | 2.30% |
2012 | CA$1,082.14 | 0.83% |
2013 | CA$1,095.54 | 1.24% |
2014 | CA$1,111.61 | 1.47% |
2015 | CA$1,129.46 | 1.61% |
2016 | CA$1,146.43 | 1.50% |
2017 | CA$1,164.29 | 1.56% |
2018 | CA$1,167.86 | 0.31% |
2019 | CA$1,191.07 | 1.99%* |
This inflation calculator uses the following inflation rate formula:
Then plug in historical CPI values. The Canadian CPI was 11.2 in the year 1920 and 112 in 2007:
CA$100 in 1920 has the same "purchasing power" or "buying power" as CA$1,000 in 2007.
To get the total inflation rate for the 87 years between 1920 and 2007, we use the following formula:
Plugging in the values to this equation, we get:
Politics and news often influence economic performance. Here's what was happening at the time:
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “CA$100 in 1920 → 2007 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 17 Feb. 2019, https://www.officialdata.org/1920-CAD-in-2007?amount=100.
in2013dollars.com is a reference website maintained by the Official Data Foundation.