$100 in 1919 is equivalent in purchasing power to about $1,001.19 in 2001, an increase of $901.19 over 82 years. The dollar had an average inflation rate of 2.85% per year between 1919 and 2001, producing a cumulative price increase of 901.19%.
This means that prices in 2001 are 10.01 times as high as average prices since 1919, according to Statistics Canada consumer price index.
The inflation rate in 1919 was 9.53%. The inflation rate in 2001 was 2.53%. The 2001 inflation rate is higher compared to the average inflation rate of 2.13% per year between 2001 and 2024.
Cumulative price change | 901.19% |
Average inflation rate | 2.85% |
Converted amount $100 base | $1,001.19 |
Price difference $100 base | $901.19 |
CPI in 1919 | 9.767 |
CPI in 2001 | 97.783 |
Inflation in 1919 | 9.53% |
Inflation in 2001 | 2.53% |
$100 in 1919 | $1,001.19 in 2001 |
This chart shows a calculation of buying power equivalence for $100 in 1919 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $1,001.19 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $1,001.19 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 1919 dollars, the chart below shows how $100 is worth less over 82 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 1919 amounts in 2001 dollars, based on the 901.19% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1919 | $10.01 dollars in 2001 |
$5 dollars in 1919 | $50.06 dollars in 2001 |
$10 dollars in 1919 | $100.12 dollars in 2001 |
$50 dollars in 1919 | $500.60 dollars in 2001 |
$100 dollars in 1919 | $1,001.19 dollars in 2001 |
$500 dollars in 1919 | $5,005.97 dollars in 2001 |
$1,000 dollars in 1919 | $10,011.95 dollars in 2001 |
$5,000 dollars in 1919 | $50,059.73 dollars in 2001 |
$10,000 dollars in 1919 | $100,119.45 dollars in 2001 |
$50,000 dollars in 1919 | $500,597.27 dollars in 2001 |
$100,000 dollars in 1919 | $1,001,194.54 dollars in 2001 |
$500,000 dollars in 1919 | $5,005,972.70 dollars in 2001 |
$1,000,000 dollars in 1919 | $10,011,945.39 dollars in 2001 |
Our calculations use the following inflation rate formula to calculate the change in value between 1919 and 2001:
Then plug in historical CPI values. The Canadian CPI was 9.766666667 in the year 1919 and 97.78333333 in 2001:
$100 in 1919 has the same "purchasing power" or "buying power" as $1,001.19 in 2001.
To get the total inflation rate for the 82 years between 1919 and 2001, we use the following formula:
Plugging in the values to this equation, we get:
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: “1919 dollars in 2001 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 20 Apr. 2024, https://www.officialdata.org/1919-CAD-in-2001.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Cumulative price change | 901.19% |
Average inflation rate | 2.85% |
Converted amount $100 base | $1,001.19 |
Price difference $100 base | $901.19 |
CPI in 1919 | 9.767 |
CPI in 2001 | 97.783 |
Inflation in 1919 | 9.53% |
Inflation in 2001 | 2.53% |
$100 in 1919 | $1,001.19 in 2001 |