CA$1 in 2000 → CA$0.97 in 1999

Canada Inflation Calculator

CA$

Canadian Inflation Rate, CA$1 in 2000 to 1999

According to Statistics Canada consumer price index, prices in 1999 are 3.1% lower than average prices throughout 2000. The dollar experienced an average inflation rate of 3.20% per year during this period, meaning the real value of a dollar decreased.

In other words, CA$1 in 2000 is equivalent in purchasing power to about CA$0.97 in 1999.

The 1999 inflation rate was 2.63%. The inflation rate in 2000 was 3.20%. The 2000 inflation rate is higher compared to the average inflation rate of 1.71% per year between 2000 and 2019.


Inflation from 2000 to 1999
Average inflation rate 3.20%
Converted amount (CA$1 base) CA$0.97
Price difference (CA$1 base) CA$-0.03
CPI in 2000 96.700
CPI in 1999 93.700
Inflation in 1999 2.63%
Inflation in 2000 3.20%


CAD inflation chart from 1914 to 2017


How to Calculate Inflation Rate for CA$1, 1999 to 2000

This inflation calculator uses the following inflation rate formula:

CPI in 1999CPI in 2000
×
2000 CAD value
=
1999 CAD value

Then plug in historical CPI values. The Canadian CPI was 96.7 in the year 2000 and 93.7 in 1999:

93.796.7
×
CA$1
=
CA$0.97

CA$1 in 2000 has the same "purchasing power" or "buying power" as CA$0.97 in 1999.

To get the total inflation rate for the 1 years between 1999 and 2000, we use the following formula:

CPI in 1999 - CPI in 2000CPI in 2000
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

93.7 - 96.796.7
×
100
=
-3%

News headlines from 1999

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

  • Steve Ballmer becomes CEO of Microsoft after Bill Gates steps down.
  • Dot-com bubble bursts after NASDAQ Composite stock market index peaks.
  • George Bush becomes President of the U.S. in a disputed election that is eventually resolved by the Supreme Court.
  • Gisborne, New Zealand becomes the first city to enter the new millennium.

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 2000 → 1999 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 May. 2019, https://www.officialdata.org/2000-CAD-in-1999?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.