Canada Inflation Calculator
Canadian Inflation Rate, $100 in 1927 to 1992
According to Statistics Canada consumer price index, prices in 1992 are 830.77% higher than average prices since 1927. The Canadian dollar experienced an average inflation rate of 3.49% per year during this period, meaning the real value of a dollar decreased.
In other words, $100 in 1927 is equivalent in purchasing power to about $930.77 in 1992, a difference of $830.77 over 65 years.
The 1927 inflation rate was -1.09%. The inflation rate in 1992 was 2.17%. The 1992 inflation rate is higher compared to the average inflation rate of 1.72% per year between 1992 and 2020.
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| Cumulative price change | 830.77% |
| Average inflation rate | 3.49% |
| Converted amount ($100 base) | $930.77 |
| Price difference ($100 base) | $830.77 |
| CPI in 1927 | 9.100 |
| CPI in 1992 | 84.700 |
| Inflation in 1927 | -1.09% |
| Inflation in 1992 | 2.17% |
Buying power of $100 in 1927
This chart shows a calculation of buying power equivalence for $100 in 1927 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $930.77 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $930.77 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 1927 dollars, the chart below shows how $100 buys less over the past 65 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
How to Calculate Inflation Rate for $100, 1927 to 1992
This inflation calculator uses the following inflation rate formula:
CPI in 1992CPI in 1927
×
1927 CAD value
=
1992 CAD value
Then plug in historical CPI values. The Canadian CPI was 9.1 in the year 1927 and 84.7 in 1992:
84.79.1
×
$100
=
$930.77
$100 in 1927 has the same "purchasing power" or "buying power" as $930.77 in 1992.
To get the total inflation rate for the 65 years between 1927 and 1992, we use the following formula:
CPI in 1992 - CPI in 1927CPI in 1927
×
100
=
Cumulative inflation rate (65 years)
Plugging in the values to this equation, we get:
84.7 - 9.19.1
×
100
=
831%
News headlines from 1927
Politics and news often influence economic performance. Here's what was happening at the time:
- The counter revolution begins in Shanghai by Kuomintang leader Chiang Kai-shek.
- Charles Lindbergh completes the first non-stop flight over the Atlantic.
- Saudi Arabia is granted its independence from Great Britain after signing the Treaty of Jeddah.
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: “1927 dollars in 1992 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Jan. 2020, https://www.officialdata.org/1927-CAD-in-1992.
Special thanks to QuickChart for providing downloadable chart images.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
| Cumulative price change | 830.77% |
| Average inflation rate | 3.49% |
| Converted amount ($100 base) | $930.77 |
| Price difference ($100 base) | $830.77 |
| CPI in 1927 | 9.100 |
| CPI in 1992 | 84.700 |
| Inflation in 1927 | -1.09% |
| Inflation in 1992 | 2.17% |
