According to Statistics Canada, the dollar experienced an average inflation rate of 3.08% per year. Prices in 1994 are 818.1% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent to CA$918.09 in 1994, a difference of CA$818.09 over 73 years.
The inflation rate in 1994 was 0.23%.
|Cumulative price change||818.09%|
|Average inflation rate||3.08%|
|Price difference (CA$100 base)||CA$818.09|
|CPI in 1921||9.4|
|CPI in 1994||86.3|
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 1994 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Education, 12 Dec. 2017, http://www.in2013dollars.com/1921-CAD-in-1994.