CA$1 in 1990 → CA$1.08 in 1994

Canada Inflation Calculator

CA$

CA$1 in 1990 → CA$1.08 in 1994

Canadian Inflation Rate, CA$1 in 1990 to 1994

According to Statistics Canada consumer price index, prices in 1994 are 8.01% higher than average prices throughout 1990. The dollar experienced an average inflation rate of 1.95% per year during this period, meaning the real value of a dollar decreased.

In other words, CA$1 in 1990 is equivalent in purchasing power to about CA$1.08 in 1994, a difference of CA$0.08 over 4 years.

The 1990 inflation rate was 4.99%. The inflation rate in 1994 was 0.23%. The 1994 inflation rate is lower compared to the average inflation rate of 1.76% per year between 1994 and 2019.


Inflation from 1990 to 1994
Cumulative price change 8.01%
Average inflation rate 1.95%
Converted amount (CA$1 base) CA$1.08
Price difference (CA$1 base) CA$0.08
CPI in 1990 79.900
CPI in 1994 86.300
Inflation in 1990 4.99%
Inflation in 1994 0.23%

CAD inflation chart from 1914 to 2017


Buying power of CA$1 in 1990

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for CA$1 in 1990 (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:

Year Dollar Value Inflation Rate
1990 CA$1.00 4.99%
1991 CA$1.04 3.75%
1992 CA$1.06 2.17%
1993 CA$1.08 1.65%
1994 CA$1.08 0.23%
1995 CA$1.10 1.74%
1996 CA$1.12 2.16%
1997 CA$1.13 0.78%
1998 CA$1.14 1.00%
1999 CA$1.17 2.63%
2000 CA$1.21 3.20%
2001 CA$1.22 0.72%
2002 CA$1.27 3.80%
2003 CA$1.29 2.08%
2004 CA$1.32 2.13%
2005 CA$1.35 2.09%
2006 CA$1.37 1.67%
2007 CA$1.40 2.38%
2008 CA$1.42 1.16%
2009 CA$1.44 1.32%
2010 CA$1.47 2.35%
2011 CA$1.50 2.30%
2012 CA$1.52 0.83%
2013 CA$1.54 1.24%
2014 CA$1.56 1.47%
2015 CA$1.58 1.61%
2016 CA$1.61 1.50%
2017 CA$1.63 1.56%
2018 CA$1.64 0.31%
2019 CA$1.67 1.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

How to Calculate Inflation Rate for CA$1, 1990 to 1994

This inflation calculator uses the following inflation rate formula:

CPI in 1994CPI in 1990
×
1990 CAD value
=
1994 CAD value

Then plug in historical CPI values. The Canadian CPI was 79.9 in the year 1990 and 86.3 in 1994:

86.379.9
×
CA$1
=
CA$1.08

CA$1 in 1990 has the same "purchasing power" or "buying power" as CA$1.08 in 1994.

To get the total inflation rate for the 4 years between 1990 and 1994, we use the following formula:

CPI in 1994 - CPI in 1990CPI in 1990
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

86.3 - 79.979.9
×
100
=
8%

News headlines from 1990

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

  • Nelson Mandela is released having spent 27 years in South African prison.
  • The Hubble Space Telescope takes its first photos from space.
  • Dr Penny Jamieson, becomes the first woman to be made an Anglican Bishop, in New Zeeland
  • The United States sends troops to Saudi Arabia, marking the beginning of Operation Desert Shield.

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 1990 → 1994 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Oct. 2019, https://www.officialdata.org/1990-CAD-in-1994?amount=1.

Special thanks to QuickChart for providing downloadable chart images.

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


» Read more about inflation and investment.

Inflation from 1990 to 1994
Cumulative price change 8.01%
Average inflation rate 1.95%
Converted amount (CA$1 base) CA$1.08
Price difference (CA$1 base) CA$0.08
CPI in 1990 79.900
CPI in 1994 86.300
Inflation in 1990 4.99%
Inflation in 1994 0.23%
Download Image