According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.34% per year. Prices in 1992 are 830.8% higher than prices in 1924.
In other words, CA$100 in the year 1924 is equivalent in purchasing power to CA$930.77 in 1992, a difference of CA$830.77 over 68 years.
The inflation rate in 1992 was 2.17%.
|Cumulative price change||830.77%|
|Average inflation rate||3.34%|
|Price difference (CA$100 base)||CA$830.77|
|CPI in 1924||9.1|
|CPI in 1992||84.7|
You may use the following MLA citation for this page: “1924 dollars in 1992 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1924-CAD-in-1992.