$100 in 1921 → $1,097.87 in 2003

Canada Inflation Calculator

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$100 in 1921 → $1,097.87 in 2003

Canadian Inflation Rate, $100 in 1921 to 2003

According to Statistics Canada consumer price index, prices in 2003 are 997.87% higher than average prices throughout 1921. The dollar experienced an average inflation rate of 2.97% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1921 is equivalent in purchasing power to about $1,097.87 in 2003, a difference of $997.87 over 82 years.

The 1921 inflation rate was -16.07%. The inflation rate in 2003 was 2.08%. The 2003 inflation rate is higher compared to the average inflation rate of 1.62% per year between 2003 and 2019.


Inflation from 1921 to 2003
Cumulative price change 997.87%
Average inflation rate 2.97%
Converted amount ($100 base) $1,097.87
Price difference ($100 base) $997.87
CPI in 1921 9.400
CPI in 2003 103.200
Inflation in 1921 -16.07%
Inflation in 2003 2.08%

CAD inflation chart from 1914 to 2017


Buying power of $100 in 1921

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1921 (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
1921 $100.00 -16.07%
1922 $97.87 -2.13%
1923 $97.87 0.00%
1924 $96.81 -1.09%
1925 $98.94 2.20%
1926 $97.87 -1.08%
1927 $96.81 -1.09%
1928 $97.87 1.10%
1929 $100.00 2.17%
1930 $93.62 -6.38%
1931 $84.04 -10.23%
1932 $77.66 -7.59%
1933 $75.53 -2.74%
1934 $76.60 1.41%
1935 $78.72 2.78%
1936 $79.79 1.35%
1937 $82.98 4.00%
1938 $80.85 -2.56%
1939 $82.98 2.63%
1940 $87.23 5.13%
1941 $92.55 6.10%
1942 $95.74 3.45%
1943 $97.87 2.22%
1944 $95.74 -2.17%
1945 $97.87 2.22%
1946 $103.19 5.43%
1947 $118.09 14.43%
1948 $128.72 9.01%
1949 $129.79 0.83%
1950 $137.23 5.74%
1951 $152.13 10.85%
1952 $150.00 -1.40%
1953 $150.00 0.00%
1954 $150.00 0.00%
1955 $151.06 0.71%
1956 $155.32 2.82%
1957 $158.51 2.05%
1958 $162.77 2.68%
1959 $164.89 1.31%
1960 $167.02 1.29%
1961 $167.02 0.00%
1962 $170.21 1.91%
1963 $173.40 1.88%
1964 $176.60 1.84%
1965 $181.91 3.01%
1966 $188.30 3.51%
1967 $195.74 3.95%
1968 $204.26 4.35%
1969 $213.83 4.69%
1970 $215.96 1.00%
1971 $226.60 4.93%
1972 $238.30 5.16%
1973 $260.64 9.38%
1974 $293.62 12.65%
1975 $321.28 9.42%
1976 $339.36 5.63%
1977 $371.28 9.40%
1978 $403.19 8.60%
1979 $442.55 9.76%
1980 $491.49 11.06%
1981 $551.06 12.12%
1982 $602.13 9.27%
1983 $629.79 4.59%
1984 $653.19 3.72%
1985 $681.91 4.40%
1986 $710.64 4.21%
1987 $740.43 4.19%
1988 $769.15 3.88%
1989 $809.57 5.26%
1990 $850.00 4.99%
1991 $881.91 3.75%
1992 $901.06 2.17%
1993 $915.96 1.65%
1994 $918.09 0.23%
1995 $934.04 1.74%
1996 $954.26 2.16%
1997 $961.70 0.78%
1998 $971.28 1.00%
1999 $996.81 2.63%
2000 $1,028.72 3.20%
2001 $1,036.17 0.72%
2002 $1,075.53 3.80%
2003 $1,097.87 2.08%
2004 $1,121.28 2.13%
2005 $1,144.68 2.09%
2006 $1,163.83 1.67%
2007 $1,191.49 2.38%
2008 $1,205.32 1.16%
2009 $1,221.28 1.32%
2010 $1,250.00 2.35%
2011 $1,278.72 2.30%
2012 $1,289.36 0.83%
2013 $1,305.32 1.24%
2014 $1,324.47 1.47%
2015 $1,345.74 1.61%
2016 $1,365.96 1.50%
2017 $1,387.23 1.56%
2018 $1,391.49 0.31%
2019 $1,419.15 1.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 76 more rows

How to Calculate Inflation Rate for $100, 1921 to 2003

This inflation calculator uses the following inflation rate formula:

CPI in 2003CPI in 1921
×
1921 CAD value
=
2003 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1921 and 103.2 in 2003:

103.29.4
×
$100
=
$1,097.87

$100 in 1921 has the same "purchasing power" or "buying power" as $1,097.87 in 2003.

To get the total inflation rate for the 82 years between 1921 and 2003, we use the following formula:

CPI in 2003 - CPI in 1921CPI in 1921
×
100
=
Cumulative inflation rate (82 years)

Plugging in the values to this equation, we get:

103.2 - 9.49.4
×
100
=
998%

News headlines from 1921

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

  • The Chinese Communist Party is founded by Chen Duxiu.
  • Alice Mary Robertson becomes the first woman to preside over the United States House of Representatives.
  • Adolf Hitler is declared leader of the National Socialist German Workers Party.

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: “1921 dollars in 2003 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 7 Dec. 2019, https://www.officialdata.org/1921-CAD-in-2003.

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 1921 to 2003
Cumulative price change 997.87%
Average inflation rate 2.97%
Converted amount ($100 base) $1,097.87
Price difference ($100 base) $997.87
CPI in 1921 9.400
CPI in 2003 103.200
Inflation in 1921 -16.07%
Inflation in 2003 2.08%
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