CA$100 in 1921 → CA$1,205.32 in 2008

Canada Inflation Calculator


Canadian Inflation Rate, 1921-2008 (CA$100)

According to Statistics Canada, the dollar experienced an average inflation rate of 2.90% per year. Prices in 2008 are 1105.3% higher than prices in 1921.

In other words, CA$100 in the year 1921 is equivalent to CA$1,205.32 in 2008, a difference of CA$1,105.32 over 87 years.

The inflation rate in 2008 was 1.16%.

Inflation from 1921 to 2008
Cumulative price change 1105.32%
Average inflation rate 2.90%
Price difference (CA$100 base) CA$1,105.32
CPI in 1921 9.4
CPI in 2008 113.3

CAD inflation chart from 1914 to 2017

How to calculate the inflation rate for CA$100, 1921 to 2008

Start with the inflation rate formula:

CPI in 2008 / CPI in 1921 * 1921 CAD value = 2008 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1921 and 113.3 in 2008:

113.3 / 9.4 * CA$100 = CA$1,205.32

The "purchasing power" of CA$100 from 1921 is CA$1,205.32 in 2008.

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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