$100 in 1922 → $1,395.65 in 2016

Canada Inflation Calculator

$

$100 in 1922 → $1,395.65 in 2016

👉 You may be interested in Inflation from 1922 to 2019

Canadian Inflation Rate, $100 in 1922 to 2016

According to Statistics Canada consumer price index, prices in 2016 are 1,295.65% higher than average prices throughout 1922. The dollar experienced an average inflation rate of 2.84% per year during this period, meaning the real value of a dollar decreased.

In other words, $100 in 1922 is equivalent in purchasing power to about $1,395.65 in 2016, a difference of $1,295.65 over 94 years.

The 1922 inflation rate was -2.13%. The inflation rate in 2016 was 1.50%. The 2016 inflation rate is higher compared to the average inflation rate of 1.28% per year between 2016 and 2019.


Inflation from 1922 to 2016
Cumulative price change 1,295.65%
Average inflation rate 2.84%
Converted amount ($100 base) $1,395.65
Price difference ($100 base) $1,295.65
CPI in 1922 9.200
CPI in 2016 128.400
Inflation in 1922 -2.13%
Inflation in 2016 1.50%

CAD inflation chart from 1914 to 2017


Buying power of $100 in 1922

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for $100 in 1922 (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
1922 $100.00 -2.13%
1923 $100.00 0.00%
1924 $98.91 -1.09%
1925 $101.09 2.20%
1926 $100.00 -1.08%
1927 $98.91 -1.09%
1928 $100.00 1.10%
1929 $102.17 2.17%
1930 $95.65 -6.38%
1931 $85.87 -10.23%
1932 $79.35 -7.59%
1933 $77.17 -2.74%
1934 $78.26 1.41%
1935 $80.43 2.78%
1936 $81.52 1.35%
1937 $84.78 4.00%
1938 $82.61 -2.56%
1939 $84.78 2.63%
1940 $89.13 5.13%
1941 $94.57 6.10%
1942 $97.83 3.45%
1943 $100.00 2.22%
1944 $97.83 -2.17%
1945 $100.00 2.22%
1946 $105.43 5.43%
1947 $120.65 14.43%
1948 $131.52 9.01%
1949 $132.61 0.83%
1950 $140.22 5.74%
1951 $155.43 10.85%
1952 $153.26 -1.40%
1953 $153.26 0.00%
1954 $153.26 0.00%
1955 $154.35 0.71%
1956 $158.70 2.82%
1957 $161.96 2.05%
1958 $166.30 2.68%
1959 $168.48 1.31%
1960 $170.65 1.29%
1961 $170.65 0.00%
1962 $173.91 1.91%
1963 $177.17 1.88%
1964 $180.43 1.84%
1965 $185.87 3.01%
1966 $192.39 3.51%
1967 $200.00 3.95%
1968 $208.70 4.35%
1969 $218.48 4.69%
1970 $220.65 1.00%
1971 $231.52 4.93%
1972 $243.48 5.16%
1973 $266.30 9.38%
1974 $300.00 12.65%
1975 $328.26 9.42%
1976 $346.74 5.63%
1977 $379.35 9.40%
1978 $411.96 8.60%
1979 $452.17 9.76%
1980 $502.17 11.06%
1981 $563.04 12.12%
1982 $615.22 9.27%
1983 $643.48 4.59%
1984 $667.39 3.72%
1985 $696.74 4.40%
1986 $726.09 4.21%
1987 $756.52 4.19%
1988 $785.87 3.88%
1989 $827.17 5.26%
1990 $868.48 4.99%
1991 $901.09 3.75%
1992 $920.65 2.17%
1993 $935.87 1.65%
1994 $938.04 0.23%
1995 $954.35 1.74%
1996 $975.00 2.16%
1997 $982.61 0.78%
1998 $992.39 1.00%
1999 $1,018.48 2.63%
2000 $1,051.09 3.20%
2001 $1,058.70 0.72%
2002 $1,098.91 3.80%
2003 $1,121.74 2.08%
2004 $1,145.65 2.13%
2005 $1,169.57 2.09%
2006 $1,189.13 1.67%
2007 $1,217.39 2.38%
2008 $1,231.52 1.16%
2009 $1,247.83 1.32%
2010 $1,277.17 2.35%
2011 $1,306.52 2.30%
2012 $1,317.39 0.83%
2013 $1,333.70 1.24%
2014 $1,353.26 1.47%
2015 $1,375.00 1.61%
2016 $1,395.65 1.50%
2017 $1,417.39 1.56%
2018 $1,421.74 0.31%
2019 $1,450.00 1.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 88 more rows

How to Calculate Inflation Rate for $100, 1922 to 2016

This inflation calculator uses the following inflation rate formula:

CPI in 2016CPI in 1922
×
1922 CAD value
=
2016 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.2 in the year 1922 and 128.4 in 2016:

128.49.2
×
$100
=
$1,395.65

$100 in 1922 has the same "purchasing power" or "buying power" as $1,395.65 in 2016.

To get the total inflation rate for the 94 years between 1922 and 2016, we use the following formula:

CPI in 2016 - CPI in 1922CPI in 1922
×
100
=
Cumulative inflation rate (94 years)

Plugging in the values to this equation, we get:

128.4 - 9.29.2
×
100
=
1,296%

News headlines from 1922

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

  • Egypt is granted independence from Great Britain.
  • Mahatma Gandhi is sentenced to six years imprisonment for disobedience
  • Stalin is appointed General Secretary of the Russian Communist Party.
  • The Ottoman Empire's last sultan Mehmed VI is expelled to Malta on British warship.

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: “1922 dollars in 2016 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 13 Dec. 2019, https://www.officialdata.org/1922-CAD-in-2016.

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 1922 to 2016
Cumulative price change 1,295.65%
Average inflation rate 2.84%
Converted amount ($100 base) $1,395.65
Price difference ($100 base) $1,295.65
CPI in 1922 9.200
CPI in 2016 128.400
Inflation in 1922 -2.13%
Inflation in 2016 1.50%
Download Image