According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.98% per year. Prices in 2009 are 1147.8% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$1,247.83 in 2009, a difference of CA$1,147.83 over 86 years.
The inflation rate in 2009 was 1.32%.
|Cumulative price change||1147.83%|
|Average inflation rate||2.98%|
|Price difference (CA$100 base)||CA$1,147.83|
|CPI in 1923||9.2|
|CPI in 2009||114.8|
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 2009 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1923-CAD-in-2009.