# \$100 in 1933 → \$1,263.38 in 1996

\$

### Canadian Inflation Rate, \$100 from 1933 to 1996

According to Statistics Canada consumer price index, prices in 1996 are 1,163.38% higher than average prices since 1933. The Canadian dollar experienced an average inflation rate of 4.11% per year during this period, meaning the real value of a dollar decreased.

In other words, \$100 in 1933 is equivalent in purchasing power to about \$1,263.38 in 1996, a difference of \$1,163.38 over 63 years.

The 1933 inflation rate was -2.74%. The inflation rate in 1996 was 2.16%. The 1996 inflation rate is higher compared to the average inflation rate of 1.76% per year between 1996 and 2020.

 Cumulative price change 1,163.38% Average inflation rate 4.11% Converted amount (\$100 base) \$1,263.38 Price difference (\$100 base) \$1,163.38 CPI in 1933 7.100 CPI in 1996 89.700 Inflation in 1933 -2.74% Inflation in 1996 2.16%

### Buying power of \$100 in 1933

This chart shows a calculation of buying power equivalence for \$100 in 1933 (price index tracking began in 1914).

For example, if you started with \$100, you would need to end with \$1,263.38 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$1,263.38 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 1933 dollars, the chart below shows how \$100 buys less over the past 63 years.

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
1933 \$100.00 -2.74%
1934 \$101.41 1.41%
1935 \$104.23 2.78%
1936 \$105.63 1.35%
1937 \$109.86 4.00%
1938 \$107.04 -2.56%
1939 \$109.86 2.63%
1940 \$115.49 5.13%
1941 \$122.54 6.10%
1942 \$126.76 3.45%
1943 \$129.58 2.22%
1944 \$126.76 -2.17%
1945 \$129.58 2.22%
1946 \$136.62 5.43%
1947 \$156.34 14.43%
1948 \$170.42 9.01%
1949 \$171.83 0.83%
1950 \$181.69 5.74%
1951 \$201.41 10.85%
1952 \$198.59 -1.40%
1953 \$198.59 0.00%
1954 \$198.59 0.00%
1955 \$200.00 0.71%
1956 \$205.63 2.82%
1957 \$209.86 2.05%
1958 \$215.49 2.68%
1959 \$218.31 1.31%
1960 \$221.13 1.29%
1961 \$221.13 0.00%
1962 \$225.35 1.91%
1963 \$229.58 1.88%
1964 \$233.80 1.84%
1965 \$240.85 3.01%
1966 \$249.30 3.51%
1967 \$259.15 3.95%
1968 \$270.42 4.35%
1969 \$283.10 4.69%
1970 \$285.92 1.00%
1971 \$300.00 4.93%
1972 \$315.49 5.16%
1973 \$345.07 9.38%
1974 \$388.73 12.65%
1975 \$425.35 9.42%
1976 \$449.30 5.63%
1977 \$491.55 9.40%
1978 \$533.80 8.60%
1979 \$585.92 9.76%
1980 \$650.70 11.06%
1981 \$729.58 12.12%
1982 \$797.18 9.27%
1983 \$833.80 4.59%
1984 \$864.79 3.72%
1985 \$902.82 4.40%
1986 \$940.85 4.21%
1987 \$980.28 4.19%
1988 \$1,018.31 3.88%
1989 \$1,071.83 5.26%
1990 \$1,125.35 4.99%
1991 \$1,167.61 3.75%
1992 \$1,192.96 2.17%
1993 \$1,212.68 1.65%
1994 \$1,215.49 0.23%
1995 \$1,236.62 1.74%
1996 \$1,263.38 2.16%
1997 \$1,273.24 0.78%
1998 \$1,285.92 1.00%
1999 \$1,319.72 2.63%
2000 \$1,361.97 3.20%
2001 \$1,371.83 0.72%
2002 \$1,423.94 3.80%
2003 \$1,453.52 2.08%
2004 \$1,484.51 2.13%
2005 \$1,515.49 2.09%
2006 \$1,540.85 1.67%
2007 \$1,577.46 2.38%
2008 \$1,595.77 1.16%
2009 \$1,616.90 1.32%
2010 \$1,654.93 2.35%
2011 \$1,692.96 2.30%
2012 \$1,707.04 0.83%
2013 \$1,728.17 1.24%
2014 \$1,753.52 1.47%
2015 \$1,781.69 1.61%
2016 \$1,808.45 1.50%
2017 \$1,836.62 1.56%
2018 \$1,842.25 0.31%
2019 \$1,878.87 1.99%
2020 \$1,921.13 2.25%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 57 more rows

### How to Calculate Inflation Rate for \$100, 1933 to 1996

This inflation calculator uses the following inflation rate formula:

CPI in 1996CPI in 1933
×
=

Then plug in historical CPI values. The Canadian CPI was 7.1 in the year 1933 and 89.7 in 1996:

89.77.1
×
\$100
=
\$1,263.38

\$100 in 1933 has the same "purchasing power" or "buying power" as \$1,263.38 in 1996.

To get the total inflation rate for the 63 years between 1933 and 1996, we use the following formula:

CPI in 1996 - CPI in 1933CPI in 1933
×
100
=
Cumulative inflation rate (63 years)

Plugging in the values to this equation, we get:

89.7 - 7.17.1
×
100
=
1,163%

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

• Coining of the name "Pakistan" by Choudhry Rahmat Ali, this is later accepted by Muslims in the Indian sub-continent who use it to push for a separate Muslim homeland in South Asia.
• Adolf Hitler is appointed Reich Chancellor of Germany by President Paul von Hindenburg.
• Franklin D. Roosevelt is inaugurated President of the United States.
• The first Nazi concentration camp, Dachau, is completed.
• The Nazi party is declared the only political party in Germany.

### 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: “1933 dollars in 1996 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Feb. 2020, https://www.officialdata.org/1933-CAD-in-1996.