According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.42% per year. Prices in 1995 are 854.3% higher than prices in 1928.
In other words, CA$100 in the year 1928 is equivalent in purchasing power to CA$954.35 in 1995, a difference of CA$854.35 over 67 years.
The inflation rate in 1995 was 1.74%.
|Cumulative price change||854.35%|
|Average inflation rate||3.42%|
|Price difference (CA$100 base)||CA$854.35|
|CPI in 1928||9.2|
|CPI in 1995||87.8|
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: “1928 dollars in 1995 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1928-CAD-in-1995.