According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.24% per year. Prices in 1998 are 892.4% higher than prices in 1926.
In other words, CA$100 in the year 1926 is equivalent in purchasing power to CA$992.39 in 1998, a difference of CA$892.39 over 72 years.
The inflation rate in 1998 was 1.00%.
|Cumulative price change||892.39%|
|Average inflation rate||3.24%|
|Price difference (CA$100 base)||CA$892.39|
|CPI in 1926||9.2|
|CPI in 1998||91.3|
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: “1926 dollars in 1998 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Feb. 2018, http://www.in2013dollars.com/1926-CAD-in-1998.