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%.
|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|
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.