$100 in 1917 → $1,365.06 in 2008

Canada Inflation Calculator

$

$100 in 1917 → $1,365.06 in 2008

Canadian Inflation Rate, $100 in 1917 to 2008

According to Statistics Canada consumer price index, prices in 2008 are 1,265.06% higher than average prices throughout 1917. The dollar experienced an average inflation rate of 2.91% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1917 is equivalent in purchasing power to about $1,365.06 in 2008, a difference of $1,265.06 over 91 years.

The 1917 inflation rate was 15.28%. The inflation rate in 2008 was 1.16%. The 2008 inflation rate is lower compared to the average inflation rate of 1.50% per year between 2008 and 2019.


Inflation from 1917 to 2008
Cumulative price change 1,265.06%
Average inflation rate 2.91%
Converted amount ($100 base) $1,365.06
Price difference ($100 base) $1,265.06
CPI in 1917 8.300
CPI in 2008 113.300
Inflation in 1917 15.28%
Inflation in 2008 1.16%

CAD inflation chart from 1914 to 2017


Buying power of $100 in 1917

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1917 (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
1917 $100.00 15.28%
1918 $113.25 13.25%
1919 $122.89 8.51%
1920 $134.94 9.80%
1921 $113.25 -16.07%
1922 $110.84 -2.13%
1923 $110.84 0.00%
1924 $109.64 -1.09%
1925 $112.05 2.20%
1926 $110.84 -1.08%
1927 $109.64 -1.09%
1928 $110.84 1.10%
1929 $113.25 2.17%
1930 $106.02 -6.38%
1931 $95.18 -10.23%
1932 $87.95 -7.59%
1933 $85.54 -2.74%
1934 $86.75 1.41%
1935 $89.16 2.78%
1936 $90.36 1.35%
1937 $93.98 4.00%
1938 $91.57 -2.56%
1939 $93.98 2.63%
1940 $98.80 5.13%
1941 $104.82 6.10%
1942 $108.43 3.45%
1943 $110.84 2.22%
1944 $108.43 -2.17%
1945 $110.84 2.22%
1946 $116.87 5.43%
1947 $133.73 14.43%
1948 $145.78 9.01%
1949 $146.99 0.83%
1950 $155.42 5.74%
1951 $172.29 10.85%
1952 $169.88 -1.40%
1953 $169.88 0.00%
1954 $169.88 0.00%
1955 $171.08 0.71%
1956 $175.90 2.82%
1957 $179.52 2.05%
1958 $184.34 2.68%
1959 $186.75 1.31%
1960 $189.16 1.29%
1961 $189.16 0.00%
1962 $192.77 1.91%
1963 $196.39 1.88%
1964 $200.00 1.84%
1965 $206.02 3.01%
1966 $213.25 3.51%
1967 $221.69 3.95%
1968 $231.33 4.35%
1969 $242.17 4.69%
1970 $244.58 1.00%
1971 $256.63 4.93%
1972 $269.88 5.16%
1973 $295.18 9.38%
1974 $332.53 12.65%
1975 $363.86 9.42%
1976 $384.34 5.63%
1977 $420.48 9.40%
1978 $456.63 8.60%
1979 $501.20 9.76%
1980 $556.63 11.06%
1981 $624.10 12.12%
1982 $681.93 9.27%
1983 $713.25 4.59%
1984 $739.76 3.72%
1985 $772.29 4.40%
1986 $804.82 4.21%
1987 $838.55 4.19%
1988 $871.08 3.88%
1989 $916.87 5.26%
1990 $962.65 4.99%
1991 $998.80 3.75%
1992 $1,020.48 2.17%
1993 $1,037.35 1.65%
1994 $1,039.76 0.23%
1995 $1,057.83 1.74%
1996 $1,080.72 2.16%
1997 $1,089.16 0.78%
1998 $1,100.00 1.00%
1999 $1,128.92 2.63%
2000 $1,165.06 3.20%
2001 $1,173.49 0.72%
2002 $1,218.07 3.80%
2003 $1,243.37 2.08%
2004 $1,269.88 2.13%
2005 $1,296.39 2.09%
2006 $1,318.07 1.67%
2007 $1,349.40 2.38%
2008 $1,365.06 1.16%
2009 $1,383.13 1.32%
2010 $1,415.66 2.35%
2011 $1,448.19 2.30%
2012 $1,460.24 0.83%
2013 $1,478.31 1.24%
2014 $1,500.00 1.47%
2015 $1,524.10 1.61%
2016 $1,546.99 1.50%
2017 $1,571.08 1.56%
2018 $1,575.90 0.31%
2019 $1,607.23 1.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 85 more rows

How to Calculate Inflation Rate for $100, 1917 to 2008

This inflation calculator uses the following inflation rate formula:

CPI in 2008CPI in 1917
×
1917 CAD value
=
2008 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.3 in the year 1917 and 113.3 in 2008:

113.38.3
×
$100
=
$1,365.06

$100 in 1917 has the same "purchasing power" or "buying power" as $1,365.06 in 2008.

To get the total inflation rate for the 91 years between 1917 and 2008, we use the following formula:

CPI in 2008 - CPI in 1917CPI in 1917
×
100
=
Cumulative inflation rate (91 years)

Plugging in the values to this equation, we get:

113.3 - 8.38.3
×
100
=
1,265%

News headlines from 1917

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

  • The Russian "February Revolution" begins alongside protests celebrating Women's Day and St Petersburg riots.
  • Tsar Nicholas II abdicates, nominating his brother, Grand Duke Michael, to succeed him.
  • President Wilson asks US Congress to declare war against Germany.
  • Vladimir Lenin issues the "April Theses" appealing for Soviets to take power during Russian Revolution.
  • Leon Trotsky becomes chairman of the Petrograd Soviet after the Bolsheviks gain control.

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: “1917 dollars in 2008 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 14 Dec. 2019, https://www.officialdata.org/1917-CAD-in-2008.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

Email · LinkedIn · Twitter


» Read more about inflation and investment.

Inflation from 1917 to 2008
Cumulative price change 1,265.06%
Average inflation rate 2.91%
Converted amount ($100 base) $1,365.06
Price difference ($100 base) $1,265.06
CPI in 1917 8.300
CPI in 2008 113.300
Inflation in 1917 15.28%
Inflation in 2008 1.16%
Download Image