CA\$

# CA\$1 in 1970 → CA\$0.99 in 1969

### 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.

 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%

### 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
×
=

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%

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

• January 1st, 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 aircrafts 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, 21 Jul. 2019, https://www.officialdata.org/1970-CAD-in-1969?amount=1.