CA$100 in 1921 → CA$1,144.68 in 2005

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1921-2005 (CA$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.94% per year. Prices in 2005 are 1044.7% higher than prices in 1921.

In other words, CA$100 in the year 1921 is equivalent in purchasing power to CA$1,144.68 in 2005, a difference of CA$1,044.68 over 84 years.

The inflation rate in 2005 was 2.09%.

Inflation from 1921 to 2005
Cumulative price change 1044.68%
Average inflation rate 2.94%
Price difference (CA$100 base) CA$1,044.68
CPI in 1921 9.4
CPI in 2005 107.6


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1921 to 2005

Start with the inflation rate formula:

CPI in 2005 / CPI in 1921 * 1921 CAD value = 2005 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1921 and 107.6 in 2005:

107.6 / 9.4 * CA$100 = CA$1,144.68

CA$100 in 1921 has the same "purchasing power" as CA$1,144.68 in 2005.


News headlines from 1921

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

  • 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

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: “1921 dollars in 2005 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1921-CAD-in-2005.


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