$1 in 1990 is worth $0.95 in 1989

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Value of $1 from 1990 to 1989

$1 in 1990 is equivalent in purchasing power to about $0.95 in 1989. The dollar had an average inflation rate of 4.78% per year between 1989 and 1990, producing a cumulative price increase of -4.56%.

This means that prices in 1989 are 4.56% lower than average prices since 1990, according to Statistics Canada consumer price index.

The inflation rate in 1989 was 4.98%. The inflation rate in 1990 was 4.78%. The 1990 inflation rate is higher compared to the average inflation rate of 2.10% per year between 1990 and 2024.

⌃
Inflation from 1990 to 1989
Average inflation rate4.78%
Converted amount
$1 base		$0.95
Price difference
$1 base		$-0.05
CPI in 199078.358
CPI in 198974.783
Inflation in 19894.98%
Inflation in 19904.78%
$1 in 1990$0.95 in 1989
Recent CAD inflation
Annual Rate, Statistics Canada CPI
Download

How to calculate inflation rate for $1, 1989 to 1990

Our calculations use the following inflation rate formula to calculate the change in value between 1989 and 1990:

CPI in 1989 CPI in 1990
×
1990 CAD value
=
1989 CAD value

Then plug in historical CPI values. The Canadian CPI was 78.35833333 in the year 1990 and 74.78333333 in 1989:

74.7833333378.35833333
×
$1
=
$0.95

$1 in 1990 has the same "purchasing power" or "buying power" as $0.95 in 1989.

To get the total inflation rate for the 1 years between 1989 and 1990, we use the following formula:

CPI in 1989 - CPI in 1990CPI in 1990
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

74.78333333 - 78.3583333378.35833333
×
100
=
-5%

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: “$1 in 1990 → 1989 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 16 Apr. 2024, https://www.officialdata.org/1990-CAD-in-1989?amount=1.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

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

Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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Inflation from 1990 to 1989
Average inflation rate4.78%
Converted amount
$1 base		$0.95
Price difference
$1 base		$-0.05
CPI in 199078.358
CPI in 198974.783
Inflation in 19894.98%
Inflation in 19904.78%
$1 in 1990$0.95 in 1989