CA$1 in 1970 → CA$0.99 in 1969

Canada Inflation Calculator

CA$

Canadian Inflation Rate, CA$1 in 1970 to 1969

According to Statistics Canada consumer price index, prices in 1969 are 0.99% lower than average prices throughout 1970. The dollar experienced an average inflation rate of 1.00% per year during this period, meaning the real value of a dollar decreased.

In other words, CA$1 in 1970 is equivalent in purchasing power to about CA$0.99 in 1969.

The 1969 inflation rate was 4.69%. The inflation rate in 1970 was 1.00%. The 1970 inflation rate is lower compared to the average inflation rate of 3.92% per year between 1970 and 2019.


Inflation from 1970 to 1969
Average inflation rate 1.00%
Converted amount (CA$1 base) CA$0.99
Price difference (CA$1 base) CA$-0.01
CPI in 1970 20.300
CPI in 1969 20.100
Inflation in 1969 4.69%
Inflation in 1970 1.00%


CAD inflation chart from 1914 to 2017


How to Calculate Inflation Rate for CA$1, 1969 to 1970

This inflation calculator uses the following inflation rate formula:

CPI in 1969CPI in 1970
×
1970 CAD value
=
1969 CAD value

Then plug in historical CPI values. The Canadian CPI was 20.3 in the year 1970 and 20.1 in 1969:

20.120.3
×
CA$1
=
CA$0.99

CA$1 in 1970 has the same "purchasing power" or "buying power" as CA$0.99 in 1969.

To get the total inflation rate for the 1 years between 1969 and 1970, we use the following formula:

CPI in 1969 - CPI in 1970CPI in 1970
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

20.1 - 20.320.3
×
100
=
-1%

News headlines from 1969

Politics and news often influence economic performance. Here's what was happening at the time:

  • 1/1/1970 established as Epoch time for UNIX systems.
  • Rhodesia declares independence and sets up a republican government.
  • Aswan Dam opens in Egypt to prevent flooding of the Nile River.
  • A Palestinian terrorist organization, hijacks three aircraft, in an incident that is later known as Black September.

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: “CA$1 in 1970 → 1969 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 May. 2019, https://www.officialdata.org/1970-CAD-in-1969?amount=1.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


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