According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.82% per year. Prices in 2014 are 1224.5% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent in purchasing power to CA$1,324.47 in 2014, a difference of CA$1,224.47 over 93 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1224.47%|
|Average inflation rate||2.82%|
|Price difference (CA$100 base)||CA$1,224.47|
|CPI in 1921||9.4|
|CPI in 2014||124.5|
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 2014 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Apr. 2018, http://www.in2013dollars.com/1921-CAD-in-2014.