According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.99% per year. Prices in 2018 are 1322.8% higher than prices in 1928.
In other words, CA$100 in the year 1928 is equivalent in purchasing power to CA$1,422.83 in 2018, a difference of CA$1,322.83 over 90 years.
The current inflation rate in 2018 is 0.38%1. If this number holds, CA$100 today will be equivalent to CA$100.38 next year.
|Cumulative price change||1322.83%|
|Average inflation rate||2.99%|
|Price difference (CA$100 base)||CA$1,322.83|
|CPI in 1928||9.2|
|CPI in 2018||130.9|
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 2018 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1928-CAD-in-2018.