Canada Inflation Calculator
Canadian Inflation Rate, CA$100 in 1933 to 2006
According to Statistics Canada consumer price index, prices in 2006 are 1,440.85% higher than average prices throughout 1933. The dollar experienced an average inflation rate of 3.82% per year during this period, meaning the real value of a dollar decreased.
In other words, CA$100 in 1933 is equivalent in purchasing power to about CA$1,540.85 in 2006, a difference of CA$1,440.85 over 73 years.
The 1933 inflation rate was -2.74%. The inflation rate in 2006 was 1.67%. The 2006 inflation rate is higher compared to the average inflation rate of 1.54% per year between 2006 and 2019.
⌃
| Cumulative price change | 1,440.85% |
| Average inflation rate | 3.82% |
| Converted amount (CA$100 base) | CA$1,540.85 |
| Price difference (CA$100 base) | CA$1,440.85 |
| CPI in 1933 | 7.100 |
| CPI in 2006 | 109.400 |
| Inflation in 1933 | -2.74% |
| Inflation in 2006 | 1.67% |
Buying power of CA$100 in 1933
This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for CA$100 in 1933 (price index tracking began in 1914).
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
How to Calculate Inflation Rate for CA$100, 1933 to 2006
This inflation calculator uses the following inflation rate formula:
CPI in 2006CPI in 1933
×
1933 CAD value
=
2006 CAD value
Then plug in historical CPI values. The Canadian CPI was 7.1 in the year 1933 and 109.4 in 2006:
109.47.1
×
CA$100
=
CA$1,540.85
CA$100 in 1933 has the same "purchasing power" or "buying power" as CA$1,540.85 in 2006.
To get the total inflation rate for the 73 years between 1933 and 2006, we use the following formula:
CPI in 2006 - CPI in 1933CPI in 1933
×
100
=
Cumulative inflation rate (73 years)
Plugging in the values to this equation, we get:
109.4 - 7.17.1
×
100
=
1,441%
News headlines from 1933
Politics and news often influence economic performance. Here's what was happening at the time:
- Coining of the name "Pakistan" by Choudhry Rahmat Ali, this is later accepted by Muslims in the Indian sub-continent who use it to push for a separate Muslim homeland in South Asia.
- Adolf Hitler is appointed Reich Chancellor of Germany by President Paul von Hindenburg.
- Franklin D. Roosevelt is inaugurated President of the United States.
- The first Nazi concentration camp, Dachau, is completed.
- The Nazi party is declared the only political party in Germany.
Data Source & Citation
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “1933 dollars in 2006 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 Sep. 2019, https://www.officialdata.org/1933-CAD-in-2006.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 1,440.85% |
| Average inflation rate | 3.82% |
| Converted amount (CA$100 base) | CA$1,540.85 |
| Price difference (CA$100 base) | CA$1,440.85 |
| CPI in 1933 | 7.100 |
| CPI in 2006 | 109.400 |
| Inflation in 1933 | -2.74% |
| Inflation in 2006 | 1.67% |