According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.04% per year. Prices in 2002 are 998.9% higher than prices in 1922.
In other words, CA$100 in the year 1922 is equivalent in purchasing power to CA$1,098.91 in 2002, a difference of CA$998.91 over 80 years.
The inflation rate in 2002 was 3.80%.
|Cumulative price change||998.91%|
|Average inflation rate||3.04%|
|Price difference (CA$100 base)||CA$998.91|
|CPI in 1922||9.2|
|CPI in 2002||101.1|
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 2002 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1922-CAD-in-2002.