# \$1 in 1946 → \$1.33 in 1950

## Canada Inflation Calculator

\$

### Canadian Inflation Rate, \$1 from 1946 to 1950

According to Statistics Canada consumer price index, prices in 1950 are 32.99% higher than average prices since 1946. The Canadian dollar experienced an average inflation rate of 7.39% per year during this period, meaning the real value of a dollar decreased.

In other words, \$1 in 1946 is equivalent in purchasing power to about \$1.33 in 1950, a difference of \$0.33 over 4 years.

The 1946 inflation rate was 5.43%. The inflation rate in 1950 was 5.74%. The 1950 inflation rate is higher compared to the average inflation rate of 3.43% per year between 1950 and 2020.

 Cumulative price change 32.99% Average inflation rate 7.39% Converted amount (\$1 base) \$1.33 Price difference (\$1 base) \$0.33 CPI in 1946 9.700 CPI in 1950 12.900 Inflation in 1946 5.43% Inflation in 1950 5.74%

CAD Inflation since 1914
Annual Rate, Statistics Canada CPI

### Buying power of \$1 in 1946

This chart shows a calculation of buying power equivalence for \$1 in 1946 (price index tracking began in 1914).

For example, if you started with \$1, you would need to end with \$1.33 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$1 is equivalent to \$1.33 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 1946 dollars, the chart below shows how \$1 buys less over the past 4 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
1946 \$1.00 5.43%
1947 \$1.14 14.43%
1948 \$1.25 9.01%
1949 \$1.26 0.83%
1950 \$1.33 5.74%
1951 \$1.47 10.85%
1952 \$1.45 -1.40%
1953 \$1.45 0.00%
1954 \$1.45 0.00%
1955 \$1.46 0.71%
1956 \$1.51 2.82%
1957 \$1.54 2.05%
1958 \$1.58 2.68%
1959 \$1.60 1.31%
1960 \$1.62 1.29%
1961 \$1.62 0.00%
1962 \$1.65 1.91%
1963 \$1.68 1.88%
1964 \$1.71 1.84%
1965 \$1.76 3.01%
1966 \$1.82 3.51%
1967 \$1.90 3.95%
1968 \$1.98 4.35%
1969 \$2.07 4.69%
1970 \$2.09 1.00%
1971 \$2.20 4.93%
1972 \$2.31 5.16%
1973 \$2.53 9.38%
1974 \$2.85 12.65%
1975 \$3.11 9.42%
1976 \$3.29 5.63%
1977 \$3.60 9.40%
1978 \$3.91 8.60%
1979 \$4.29 9.76%
1980 \$4.76 11.06%
1981 \$5.34 12.12%
1982 \$5.84 9.27%
1983 \$6.10 4.59%
1984 \$6.33 3.72%
1985 \$6.61 4.40%
1986 \$6.89 4.21%
1987 \$7.18 4.19%
1988 \$7.45 3.88%
1989 \$7.85 5.26%
1990 \$8.24 4.99%
1991 \$8.55 3.75%
1992 \$8.73 2.17%
1993 \$8.88 1.65%
1994 \$8.90 0.23%
1995 \$9.05 1.74%
1996 \$9.25 2.16%
1997 \$9.32 0.78%
1998 \$9.41 1.00%
1999 \$9.66 2.63%
2000 \$9.97 3.20%
2001 \$10.04 0.72%
2002 \$10.42 3.80%
2003 \$10.64 2.08%
2004 \$10.87 2.13%
2005 \$11.09 2.09%
2006 \$11.28 1.67%
2007 \$11.55 2.38%
2008 \$11.68 1.16%
2009 \$11.84 1.32%
2010 \$12.11 2.35%
2011 \$12.39 2.30%
2012 \$12.49 0.83%
2013 \$12.65 1.24%
2014 \$12.84 1.47%
2015 \$13.04 1.61%
2016 \$13.24 1.50%
2017 \$13.44 1.56%
2018 \$13.48 0.31%
2019 \$13.75 1.99%
2020 \$14.06 2.25%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

### How to Calculate Inflation Rate for \$1, 1946 to 1950

This inflation calculator uses the following inflation rate formula:

CPI in 1950CPI in 1946
×
=

Then plug in historical CPI values. The Canadian CPI was 9.7 in the year 1946 and 12.9 in 1950:

12.99.7
×
\$1
=
\$1.33

\$1 in 1946 has the same "purchasing power" or "buying power" as \$1.33 in 1950.

To get the total inflation rate for the 4 years between 1946 and 1950, we use the following formula:

CPI in 1950 - CPI in 1946CPI in 1946
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

12.9 - 9.79.7
×
100
=
33%

### News headlines from 1946

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

• The United Nations General Assembly meets for the first time in London.
• President Harry Truman sets up the Central Intelligence Agency or CIA.
• The US State Department releases the Acheson-Lilenthal Report outlining a plan for how the US can limit nuclear power internationally, marking the beginning of Cold War.
• Twenty-two Nazi leaders found guilty of war crimes during the Nuremburg trials.

### 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 1946 → 1950 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 19 Feb. 2020, https://www.officialdata.org/1946-CAD-in-1950?amount=1.

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.

 Cumulative price change 32.99% Average inflation rate 7.39% Converted amount (\$1 base) \$1.33 Price difference (\$1 base) \$0.33 CPI in 1946 9.700 CPI in 1950 12.900 Inflation in 1946 5.43% Inflation in 1950 5.74%