According to Statistics Canada, the dollar experienced an average inflation rate of 2.56% per year. Prices in 2017 are 1064.3% higher than prices in 1920.
In other words, CA$100 in the year 1920 is equivalent to CA$1,164.29 in 2017, a difference of CA$1,064.29 over 97 years.
The current inflation rate in 2017 is 1.56%1. If this number holds, CA$100 today will be equivalent to CA$101.56 next year.
|Cumulative price change||1064.29%|
|Average inflation rate||2.56%|
|Price difference (CA$100 base)||CA$1,064.29|
|CPI in 1920||11.2|
|CPI in 2017||130.4|
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 2017 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 12 Dec. 2017, http://www.in2013dollars.com/1920-CAD-in-2017.