According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.00% per year. Prices in 2018 are 1292.6% higher than prices in 1929.
In other words, CA$100 in the year 1929 is equivalent in purchasing power to CA$1,392.55 in 2018, a difference of CA$1,292.55 over 89 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||1292.55%|
|Average inflation rate||3.00%|
|Price difference (CA$100 base)||CA$1,292.55|
|CPI in 1929||9.4|
|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: “1929 dollars in 2018 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 15 Feb. 2018, http://www.in2013dollars.com/1929-CAD-in-2018.