According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.03% per year. Prices in 2009 are 1161.5% higher than prices in 1924.
In other words, CA$100 in the year 1924 is equivalent in purchasing power to CA$1,261.54 in 2009, a difference of CA$1,161.54 over 85 years.
The inflation rate in 2009 was 1.32%.
|Cumulative price change||1161.54%|
|Average inflation rate||3.03%|
|Price difference (CA$100 base)||CA$1,161.54|
|CPI in 1924||9.1|
|CPI in 2009||114.8|
You may use the following MLA citation for this page: “1924 dollars in 2009 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1924-CAD-in-2009.