CA$100 in 1924 → CA$1,348.35 in 2013

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1924-2013 (CA$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.97% per year. Prices in 2013 are 1248.4% higher than prices in 1924.

In other words, CA$100 in the year 1924 is equivalent in purchasing power to CA$1,348.35 in 2013, a difference of CA$1,248.35 over 89 years.

The inflation rate in 2013 was 1.24%.

Inflation from 1924 to 2013
Cumulative price change 1248.35%
Average inflation rate 2.97%
Price difference (CA$100 base) CA$1,248.35
CPI in 1924 9.1
CPI in 2013 122.7


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1924 to 2013

Start with the inflation rate formula:

CPI in 2013 / CPI in 1924 * 1924 CAD value = 2013 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.1 in the year 1924 and 122.7 in 2013:

122.7 / 9.1 * CA$100 = CA$1,348.35

CA$100 in 1924 has the same "purchasing power" as CA$1,348.35 in 2013.


Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “1924 dollars in 2013 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 21 Feb. 2018, http://www.in2013dollars.com/1924-CAD-in-2013.


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