According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.12% per year. Prices in 1993 are 816.0% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent in purchasing power to CA$915.96 in 1993, a difference of CA$815.96 over 72 years.
The inflation rate in 1993 was 1.65%.
|Cumulative price change||815.96%|
|Average inflation rate||3.12%|
|Price difference (CA$100 base)||CA$815.96|
|CPI in 1921||9.4|
|CPI in 1993||86.1|
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: “1921 dollars in 1993 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Apr. 2018, http://www.in2013dollars.com/1921-CAD-in-1993.