CA\$

# CA\$1 in 2010 → CA\$0.93 in 2006

### Canadian Inflation Rate, CA\$1 in 2010 to 2006

According to Statistics Canada consumer price index, prices in 2006 are 6.89% lower than average prices throughout 2010. The dollar experienced an average inflation rate of 1.80% per year during this period, meaning the real value of a dollar decreased.

In other words, CA\$1 in 2010 is equivalent in purchasing power to about CA\$0.93 in 2006, a difference of CA\$-0.07 over 4 years.

The 2006 inflation rate was 1.67%. The inflation rate in 2010 was 2.35%. The 2010 inflation rate is higher compared to the average inflation rate of 1.42% per year between 2010 and 2019.

 Cumulative price change -6.89% Average inflation rate 1.80% Converted amount (CA\$1 base) CA\$0.93 Price difference (CA\$1 base) CA\$-0.07 CPI in 2010 117.500 CPI in 2006 109.400 Inflation in 2006 1.67% Inflation in 2010 2.35%

### Buying power of CA\$1 in 2006

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for CA\$1 in 2006 (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
2006 CA\$1.00 1.67%
2007 CA\$1.02 2.38%
2008 CA\$1.04 1.16%
2009 CA\$1.05 1.32%
2010 CA\$1.07 2.35%
2011 CA\$1.10 2.30%
2012 CA\$1.11 0.83%
2013 CA\$1.12 1.24%
2014 CA\$1.14 1.47%
2015 CA\$1.16 1.61%
2016 CA\$1.17 1.50%
2017 CA\$1.19 1.56%
2018 CA\$1.20 0.31%
2019 CA\$1.22 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, 2006 to 2010

This inflation calculator uses the following inflation rate formula:

CPI in 2006CPI in 2010
×
=

Then plug in historical CPI values. The Canadian CPI was 117.5 in the year 2010 and 109.4 in 2006:

109.4117.5
×
CA\$1
=
CA\$0.93

CA\$1 in 2010 has the same "purchasing power" or "buying power" as CA\$0.93 in 2006.

To get the total inflation rate for the 4 years between 2006 and 2010, we use the following formula:

CPI in 2006 - CPI in 2010CPI in 2010
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

109.4 - 117.5117.5
×
100
=
-7%

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

• The Copiapo mining accident in Chile ends, after 33 miners resurface having spent 69 days trapped in the ruins.
• Big Haiti earthquake kills 230,000 people and leaves most of Port-au-Prince, its capital, in ruins.
• An explosion on the Deepwater Horizon (a drilling rig), kills 11 people and spills a massive amount of oil into the Gulf of Mexico.
• The US army abolishes the "Don't Ask Don't Tell" policy, which had banned homosexuals from openly serving in the US military.

### 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 2010 → 2006 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 Sep. 2019, https://www.officialdata.org/2010-CAD-in-2006?amount=1.