$100 in 1995 is equivalent in purchasing power to about $97.90 in 1994. The dollar had an average inflation rate of 2.15% per year between 1994 and 1995, producing a cumulative price increase of -2.10%.
This means that prices in 1994 are 2.1% lower than average prices since 1995, according to Statistics Canada consumer price index.
The inflation rate in 1994 was 0.17%. The inflation rate in 1995 was 2.15%. The 1995 inflation rate is higher compared to the average inflation rate of 2.07% per year between 1995 and 2024.
Average inflation rate | 2.15% |
Converted amount $100 base | $97.90 |
Price difference $100 base | $-2.10 |
CPI in 1995 | 87.550 |
CPI in 1994 | 85.708 |
Inflation in 1994 | 0.17% |
Inflation in 1995 | 2.15% |
$100 in 1995 | $97.90 in 1994 |
Our calculations use the following inflation rate formula to calculate the change in value between 1994 and 1995:
Then plug in historical CPI values. The Canadian CPI was 87.55 in the year 1995 and 85.70833333 in 1994:
$100 in 1995 has the same "purchasing power" or "buying power" as $97.90 in 1994.
To get the total inflation rate for the 1 years between 1994 and 1995, we use the following formula:
Plugging in the values to this equation, we get:
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: “$100 in 1995 → 1994 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 28 Mar. 2024, https://www.officialdata.org/1995-CAD-in-1994?amount=100.
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.
Average inflation rate | 2.15% |
Converted amount $100 base | $97.90 |
Price difference $100 base | $-2.10 |
CPI in 1995 | 87.550 |
CPI in 1994 | 85.708 |
Inflation in 1994 | 0.17% |
Inflation in 1995 | 2.15% |
$100 in 1995 | $97.90 in 1994 |