$1 in 1925 is worth $1.01 in 1923

Value of $1 from 1925 to 1923

$1 in 1925 is equivalent in purchasing power to about $1.01 in 1923, a difference of $0.01 over 2 years. The dollar had an average deflation rate of -0.36% per year since 1923, producing a cumulative price change of 0.73%.

This means that prices in 1923 are 1.01 times as high as average prices since 1925, according to Statistics Canada consumer price index.

The inflation rate in 1923 was 0.00%. The inflation rate in 1925 was 1.20%. The 1925 inflation rate is lower compared to the average inflation rate of 2.93% per year between 1925 and 2024.


Inflation from 1925 to 1923
Cumulative price change0.73%
Average inflation rate-0.36%
Converted amount
$1 base
$1.01
Price difference
$1 base
$0.01
CPI in 19259.133
CPI in 19239.200
Inflation in 19230.00%
Inflation in 19251.20%
$1 in 1925$1.01 in 1923

Recent CAD inflation
Annual Rate, Statistics Canada CPI
Download

Buying power of $1 in 1923

This chart shows a calculation of buying power equivalence for $1 in 1923 (price index tracking began in 1914).

For example, if you started with $1, you would need to end with $1.01 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 1923-1925
YearDollar ValueInflation Rate
1923$1.00-
1924$0.98-1.90%
1925$0.991.20%
1926$1.000.73%
1927$0.99-1.45%
1928$0.990.74%
1929$1.001.00%
1930$0.99-0.99%
1931$0.89-9.85%
1932$0.81-9.41%
1933$0.78-4.36%
1934$0.781.17%
1935$0.790.46%
1936$0.802.07%
1937$0.833.60%
1938$0.840.54%
1939$0.83-0.76%
1940$0.874.25%
1941$0.925.96%
1942$0.964.64%
1943$0.982.17%
1944$0.990.65%
1945$0.990.64%
1946$1.033.10%
1947$1.129.01%
1948$1.2814.26%
1949$1.323.48%
1950$1.362.67%
1951$1.5010.55%
1952$1.542.60%
1953$1.52-1.00%
1954$1.530.65%
1955$1.540.18%
1956$1.561.36%
1957$1.613.32%
1958$1.652.36%
1959$1.671.21%
1960$1.691.36%
1961$1.711.02%
1962$1.721.06%
1963$1.751.63%
1964$1.791.91%
1965$1.832.33%
1966$1.903.82%
1967$1.973.58%
1968$2.054.06%
1969$2.144.56%
1970$2.213.35%
1971$2.272.70%
1972$2.384.99%
1973$2.567.49%
1974$2.8411.00%
1975$3.1510.67%
1976$3.387.54%
1977$3.657.98%
1978$3.988.97%
1979$4.359.14%
1980$4.7910.13%
1981$5.3812.47%
1982$5.9610.77%
1983$6.315.86%
1984$6.584.30%
1985$6.853.96%
1986$7.134.19%
1987$7.444.36%
1988$7.744.03%
1989$8.134.98%
1990$8.524.78%
1991$9.005.63%
1992$9.131.49%
1993$9.301.87%
1994$9.320.17%
1995$9.522.15%
1996$9.671.57%
1997$9.821.62%
1998$9.921.00%
1999$10.091.73%
2000$10.372.72%
2001$10.632.53%
2002$10.872.26%
2003$11.172.76%
2004$11.381.86%
2005$11.632.21%
2006$11.862.00%
2007$12.112.14%
2008$12.402.37%
2009$12.440.30%
2010$12.661.78%
2011$13.032.91%
2012$13.231.52%
2013$13.350.94%
2014$13.601.91%
2015$13.761.13%
2016$13.951.43%
2017$14.181.60%
2018$14.502.27%
2019$14.781.95%
2020$14.890.72%
2021$15.393.40%
2022$16.446.80%
2023$17.073.81%
2024$17.261.15%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1923 amounts in 1925 dollars, based on the 0.73% change in prices:

Conversion: 1923 dollars in 1925
Initial valueEquivalent value
$1 dollar in 1923$0.99 dollars in 1925
$5 dollars in 1923$4.96 dollars in 1925
$10 dollars in 1923$9.93 dollars in 1925
$50 dollars in 1923$49.64 dollars in 1925
$100 dollars in 1923$99.28 dollars in 1925
$500 dollars in 1923$496.38 dollars in 1925
$1,000 dollars in 1923$992.75 dollars in 1925
$5,000 dollars in 1923$4,963.77 dollars in 1925
$10,000 dollars in 1923$9,927.54 dollars in 1925
$50,000 dollars in 1923$49,637.68 dollars in 1925
$100,000 dollars in 1923$99,275.36 dollars in 1925
$500,000 dollars in 1923$496,376.81 dollars in 1925
$1,000,000 dollars in 1923$992,753.62 dollars in 1925

How to calculate inflation rate for $1, 1923 to 1925

Our calculations use the following inflation rate formula to calculate the change in value between 1923 and 1925:

CPI in 1923 CPI in 1925
×
1925 CAD value
=
1923 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.133333333 in the year 1925 and 9.2 in 1923:

9.29.133333333
×
$1
=
$1.01

$1 in 1925 has the same "purchasing power" or "buying power" as $1.01 in 1923.

To get the total inflation rate for the 2 years between 1923 and 1925, we use the following formula:

CPI in 1923 - CPI in 1925CPI in 1925
×
100
=
Cumulative inflation rate (2 years)

Plugging in the values to this equation, we get:

9.2 - 9.1333333339.133333333
×
100
=
1%

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: “$1 in 1925 → 1923 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 16 Apr. 2024, https://www.officialdata.org/1925-CAD-in-1923?amount=1.

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.


Ian Webster

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 1925 to 1923
Cumulative price change0.73%
Average inflation rate-0.36%
Converted amount
$1 base
$1.01
Price difference
$1 base
$0.01
CPI in 19259.133
CPI in 19239.200
Inflation in 19230.00%
Inflation in 19251.20%
$1 in 1925$1.01 in 1923