According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.92% per year. Prices in 2013 are 1233.7% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$1,333.70 in 2013, a difference of CA$1,233.70 over 90 years.
The inflation rate in 2013 was 1.24%.
|Cumulative price change||1233.70%|
|Average inflation rate||2.92%|
|Price difference (CA$100 base)||CA$1,233.70|
|CPI in 1923||9.2|
|CPI in 2013||122.7|
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 2013 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1923-CAD-in-2013.