Value of $100 from 1915 to 1995
According to Statistics Canada consumer price index, prices in 1995 are 1,293.65% higher than average prices since 1915. The Canadian dollar experienced an average inflation rate of 3.35% per year during this period, causing the real value of a dollar to decrease.
In other words, $100 in 1915 is equivalent in purchasing power to about $1,393.65 in 1995, a difference of $1,293.65 over 80 years.
The 1915 inflation rate was 3.28%. The inflation rate in 1995 was 1.74%. The 1995 inflation rate is lower compared to the average inflation rate of 1.78% per year between 1995 and 2020.
⌃
| Cumulative price change | 1,293.65% |
| Average inflation rate | 3.35% |
| Converted amount ($100 base) | $1,393.65 |
| Price difference ($100 base) | $1,293.65 |
| CPI in 1915 | 6.300 |
| CPI in 1995 | 87.800 |
| Inflation in 1915 | 3.28% |
| Inflation in 1995 | 1.74% |
Buying power of $100 in 1915
This chart shows a calculation of buying power equivalence for $100 in 1915 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $1,393.65 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $1,393.65 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1915 dollars, the chart below shows how $100 is worth less over 80 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1915 amounts in 1995 dollars, based on the 1,293.65% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 1915 | $13.94 dollars in 1995 |
| $5 dollars in 1915 | $69.68 dollars in 1995 |
| $10 dollars in 1915 | $139.37 dollars in 1995 |
| $50 dollars in 1915 | $696.83 dollars in 1995 |
| $100 dollars in 1915 | $1,393.65 dollars in 1995 |
| $500 dollars in 1915 | $6,968.25 dollars in 1995 |
| $1,000 dollars in 1915 | $13,936.51 dollars in 1995 |
| $5,000 dollars in 1915 | $69,682.54 dollars in 1995 |
| $10,000 dollars in 1915 | $139,365.08 dollars in 1995 |
| $50,000 dollars in 1915 | $696,825.40 dollars in 1995 |
| $100,000 dollars in 1915 | $1,393,650.79 dollars in 1995 |
| $500,000 dollars in 1915 | $6,968,253.97 dollars in 1995 |
| $1,000,000 dollars in 1915 | $13,936,507.94 dollars in 1995 |
How to Calculate Inflation Rate for $100, 1915 to 1995
Our calculations use the following inflation rate formula to calculate the change in value between 1915 and 1995:
CPI in 1995
CPI in 1915
×
1915 CAD value
=
1995 CAD value
Then plug in historical CPI values. The Canadian CPI was 6.3 in the year 1915 and 87.8 in 1995:
87.86.3
×
$100
=
$1,393.65
$100 in 1915 has the same "purchasing power" or "buying power" as $1,393.65 in 1995.
To get the total inflation rate for the 80 years between 1915 and 1995, we use the following formula:
CPI in 1995 - CPI in 1915CPI in 1915
×
100
=
Cumulative inflation rate (80 years)
Plugging in the values to this equation, we get:
87.8 - 6.36.3
×
100
=
1,294%
News headlines from 1915
Politics and news often influence economic performance. Here's what was happening at the time:
- French troops force Germans back into the Champagne region, suffering losses of 50,000 men and gaining several hundred yards.
- Germany uses poison gas for the first time in World War I.
- Almost 430,000 French, British, and Germans are killed in the Battle of Loos.
- The one-millionth Model T is produced by Ford Motor Company.
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: “1915 dollars in 1995 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 5 Jun. 2020, https://www.officialdata.org/1915-CAD-in-1995.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 1,293.65% |
| Average inflation rate | 3.35% |
| Converted amount ($100 base) | $1,393.65 |
| Price difference ($100 base) | $1,293.65 |
| CPI in 1915 | 6.300 |
| CPI in 1995 | 87.800 |
| Inflation in 1915 | 3.28% |
| Inflation in 1995 | 1.74% |
