According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.03% per year. Prices in 2001 are 958.7% higher than prices in 1922.
In other words, CA$100 in the year 1922 is equivalent in purchasing power to CA$1,058.70 in 2001, a difference of CA$958.70 over 79 years.
The inflation rate in 2001 was 0.72%.
|Cumulative price change||958.70%|
|Average inflation rate||3.03%|
|Price difference (CA$100 base)||CA$958.70|
|CPI in 1922||9.2|
|CPI in 2001||97.4|
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: “1922 dollars in 2001 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1922-CAD-in-2001.