According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.18% per year. Prices in 1995 are 854.3% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$954.35 in 1995, a difference of CA$854.35 over 72 years.
The inflation rate in 1995 was 1.74%.
|Cumulative price change||854.35%|
|Average inflation rate||3.18%|
|Price difference (CA$100 base)||CA$854.35|
|CPI in 1923||9.2|
|CPI in 1995||87.8|
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 1995 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1923-CAD-in-1995.