CA$100 in 1920 → CA$1,164.29 in 2017

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1920-2017 (CA$100)

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.

Inflation from 1920 to 2017
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


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100 since 1920

Start with the inflation rate formula:

CPI in 2017 / CPI in 1920 * 1920 CAD value = 2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 11.2 in the year 1920 and 130.4 in 2017:

130.4 / 11.2 * CA$100 = CA$1,164.29

CA$100 in 1920 has the same "purchasing power" as CA$1,164.29 in 2017.


News headlines from 1920

Politics and news often influence economic performance. Here's what was happening at the time:

  • 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

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: “1920 dollars in 2017 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 12 Dec. 2017, http://www.in2013dollars.com/1920-CAD-in-2017.


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