According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.29% per year. Prices in 1991 are 801.1% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$901.09 in 1991, a difference of CA$801.09 over 68 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||801.09%|
|Average inflation rate||3.29%|
|Price difference (CA$100 base)||CA$801.09|
|CPI in 1923||9.2|
|CPI in 1991||82.9|
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: “1923 dollars in 1991 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 15 Feb. 2018, http://www.in2013dollars.com/1923-CAD-in-1991.