Canadian Inflation Rate, 1919-2018 (CA$1)
The consumer price index (CPI) in 1919 was 10.2. Statistics Canada uses this CPI value to track inflation on a monthly basis.
According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.61% per year.
Prices in 2018 are
1183.3% higher than
prices in 1919.
In other words, CA$1 in the year 1919 is equivalent in purchasing power to CA$12.83 in 2018, a difference of CA$11.83 over 99 years.
current inflation rate
in 2018 is 0.38%1. If this number holds, CA$1 today will be equivalent to CA$1.00 next year.
Inflation from 1919 to 2018
Cumulative price change
Average inflation rate
Price difference (CA$1 base)
CPI in 1919
CPI in 2018
How to calculate the inflation rate for CA$1 since 1919
Start with the inflation rate formula:
CPI in 2018 / CPI in 1919 * 1919 CAD value = 2018 CAD value
Then plug in historical CPI values
. The Canadian CPI was 10.2 in the year 1919 and 130.9 in 2018:
130.9 / 10.2 * CA$1 = CA$12.83
CA$1 in 1919 has the same "purchasing power" as CA$12.83 in 2018.
News headlines from 1919
Politics and news often influence economic performance. Here's what was happening at the time:
- The German Farmer's Party, which would later develop into National Socialist Party, is formed.
- The Bolshevik party re-establishes the idea of a five-member Politburo at the 8th Congress of the Russian Communist Party, making it the central body of political power in the Soviet Union. Its first members were Vladimir Lenin, Leon Trotsky, Joseph Stalin, Lev Kamenev and Nikolai Krestinsky.
- The Turkish War of Independence begins after Mustafa Kemal Ataturk's lands at Samsun, on the Black Sea.
- The Treaty of Versailles is signed ending World War I and establishing the League of Nations.
Inflation Data Source
You may use the following MLA citation for this page:
“Inflation Rate in 1919 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Apr. 2018, http://www.in2013dollars.com/CAD-inflation-rate-in-1919.