CA$100 in 1921 → CA$971.28 in 1998

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1921-1998 (CA$100)

According to Statistics Canada, the dollar experienced an average inflation rate of 3.00% per year. Prices in 1998 are 871.3% higher than prices in 1921.

In other words, CA$100 in the year 1921 is equivalent to CA$971.28 in 1998, a difference of CA$871.28 over 77 years.

The inflation rate in 1998 was 1.00%.

Inflation from 1921 to 1998
Cumulative price change 871.28%
Average inflation rate 3.00%
Price difference (CA$100 base) CA$871.28
CPI in 1921 9.4
CPI in 1998 91.3


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1921 to 1998

Start with the inflation rate formula:

CPI in 1998 / CPI in 1921 * 1921 CAD value = 1998 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1921 and 91.3 in 1998:

91.3 / 9.4 * CA$100 = CA$971.28

CA$100 in 1921 has the same "purchasing power" as CA$971.28 in 1998.


News headlines from 1921

Politics and news often play an important role in economic performance.

  • The Chinese Communist Party is founded by Chen Duxiu.
  • Alice Mary Robertson becomes the first woman to preside over the United States House of Representatives.
  • Adolf Hitler is declared leader of the National Socialist German Workers Party.

Inflation Data Source: The government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).


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