According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.62% per year. Prices in 2012 are 982.1% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent in purchasing power to CA$1,082.14 in 2012, a difference of CA$982.14 over 92 years.
The inflation rate in 2012 was 0.83%.
|Cumulative price change||982.14%|
|Average inflation rate||2.62%|
|Price difference (CA$100 base)||CA$982.14|
|CPI in 1920||11.2|
|CPI in 2012||121.2|
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 2012 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1920-CAD-in-2012.