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$100 in 1920 → $768.75 in 1993

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$100 in 1920 → $768.75 in 1993

Canadian Inflation Rate, $100 in 1920 to 1993

According to Statistics Canada consumer price index, prices in 1993 are 668.75% higher than average prices throughout 1920. The dollar experienced an average inflation rate of 2.83% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1920 is equivalent in purchasing power to about $768.75 in 1993, a difference of $668.75 over 73 years.

The 1920 inflation rate was 9.80%. The inflation rate in 1993 was 1.65%. The 1993 inflation rate is lower compared to the average inflation rate of 1.70% per year between 1993 and 2019.

⌃
Inflation from 1920 to 1993
Cumulative price change 668.75%
Average inflation rate 2.83%
Converted amount ($100 base) $768.75
Price difference ($100 base) $668.75
CPI in 1920 11.200
CPI in 1993 86.100
Inflation in 1920 9.80%
Inflation in 1993 1.65%

CAD inflation chart from 1914 to 2017

Buying power of $100 in 1920

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1920 (price index tracking began in 1914).

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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
1920 $100.00 9.80%
1921 $83.93 -16.07%
1922 $82.14 -2.13%
1923 $82.14 0.00%
1924 $81.25 -1.09%
1925 $83.04 2.20%
1926 $82.14 -1.08%
1927 $81.25 -1.09%
1928 $82.14 1.10%
1929 $83.93 2.17%
1930 $78.57 -6.38%
1931 $70.54 -10.23%
1932 $65.18 -7.59%
1933 $63.39 -2.74%
1934 $64.29 1.41%
1935 $66.07 2.78%
1936 $66.96 1.35%
1937 $69.64 4.00%
1938 $67.86 -2.56%
1939 $69.64 2.63%
1940 $73.21 5.13%
1941 $77.68 6.10%
1942 $80.36 3.45%
1943 $82.14 2.22%
1944 $80.36 -2.17%
1945 $82.14 2.22%
1946 $86.61 5.43%
1947 $99.11 14.43%
1948 $108.04 9.01%
1949 $108.93 0.83%
1950 $115.18 5.74%
1951 $127.68 10.85%
1952 $125.89 -1.40%
1953 $125.89 0.00%
1954 $125.89 0.00%
1955 $126.79 0.71%
1956 $130.36 2.82%
1957 $133.04 2.05%
1958 $136.61 2.68%
1959 $138.39 1.31%
1960 $140.18 1.29%
1961 $140.18 0.00%
1962 $142.86 1.91%
1963 $145.54 1.88%
1964 $148.21 1.84%
1965 $152.68 3.01%
1966 $158.04 3.51%
1967 $164.29 3.95%
1968 $171.43 4.35%
1969 $179.46 4.69%
1970 $181.25 1.00%
1971 $190.18 4.93%
1972 $200.00 5.16%
1973 $218.75 9.38%
1974 $246.43 12.65%
1975 $269.64 9.42%
1976 $284.82 5.63%
1977 $311.61 9.40%
1978 $338.39 8.60%
1979 $371.43 9.76%
1980 $412.50 11.06%
1981 $462.50 12.12%
1982 $505.36 9.27%
1983 $528.57 4.59%
1984 $548.21 3.72%
1985 $572.32 4.40%
1986 $596.43 4.21%
1987 $621.43 4.19%
1988 $645.54 3.88%
1989 $679.46 5.26%
1990 $713.39 4.99%
1991 $740.18 3.75%
1992 $756.25 2.17%
1993 $768.75 1.65%
1994 $770.54 0.23%
1995 $783.93 1.74%
1996 $800.89 2.16%
1997 $807.14 0.78%
1998 $815.18 1.00%
1999 $836.61 2.63%
2000 $863.39 3.20%
2001 $869.64 0.72%
2002 $902.68 3.80%
2003 $921.43 2.08%
2004 $941.07 2.13%
2005 $960.71 2.09%
2006 $976.79 1.67%
2007 $1,000.00 2.38%
2008 $1,011.61 1.16%
2009 $1,025.00 1.32%
2010 $1,049.11 2.35%
2011 $1,073.21 2.30%
2012 $1,082.14 0.83%
2013 $1,095.54 1.24%
2014 $1,111.61 1.47%
2015 $1,129.46 1.61%
2016 $1,146.43 1.50%
2017 $1,164.29 1.56%
2018 $1,167.86 0.31%
2019 $1,191.07 1.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 67 more rows

How to Calculate Inflation Rate for $100, 1920 to 1993

This inflation calculator uses the following inflation rate formula:

CPI in 1993CPI in 1920
×
1920 CAD value
=
1993 CAD value

Then plug in historical CPI values. The Canadian CPI was 11.2 in the year 1920 and 86.1 in 1993:

86.111.2
×
$100
=
$768.75

$100 in 1920 has the same "purchasing power" or "buying power" as $768.75 in 1993.

To get the total inflation rate for the 73 years between 1920 and 1993, we use the following formula:

CPI in 1993 - CPI in 1920CPI in 1920
×
100
=
Cumulative inflation rate (73 years)

Plugging in the values to this equation, we get:

86.1 - 11.211.2
×
100
=
669%

News headlines from 1920

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

  • The League of Nations' first assembly takes place in Paris.
  • The British Parliament passes the Fourth Home Rule Act, dividing Ireland into two parts and leading to a yearlong Anglo-Irish war in the southern counties.
  • The Catholic Church canonizes Joan of Arc, formally making her a saint.
  • The 19th Amendment to the constitution is ratified, granting U.S. woman suffrage for the first time.

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: “1920 dollars in 1993 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 3 Dec. 2019, https://www.officialdata.org/1920-CAD-in-1993.

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.

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» Read more about inflation and investment.

Inflation from 1920 to 1993
Cumulative price change 668.75%
Average inflation rate 2.83%
Converted amount ($100 base) $768.75
Price difference ($100 base) $668.75
CPI in 1920 11.200
CPI in 1993 86.100
Inflation in 1920 9.80%
Inflation in 1993 1.65%
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