CA$1 in 2015 → CA$0.95 in 2011

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CA$1 in 2015 → CA$0.95 in 2011

👉 You may be interested in CA$1 in 2011 → 2019

Canadian Inflation Rate, CA$1 in 2015 to 2011

According to Statistics Canada consumer price index, prices in 2011 are 4.98% lower than average prices throughout 2015. The dollar experienced an average inflation rate of 1.29% per year during this period, meaning the real value of a dollar decreased.

In other words, CA$1 in 2015 is equivalent in purchasing power to about CA$0.95 in 2011, a difference of CA$-0.05 over 4 years.

The 2011 inflation rate was 2.30%. The inflation rate in 2015 was 1.61%. The 2015 inflation rate is higher compared to the average inflation rate of 1.34% per year between 2015 and 2019.

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Inflation from 2015 to 2011
Cumulative price change -4.98%
Average inflation rate 1.29%
Converted amount (CA$1 base) CA$0.95
Price difference (CA$1 base) CA$-0.05
CPI in 2015 126.500
CPI in 2011 120.200
Inflation in 2011 2.30%
Inflation in 2015 1.61%

CAD inflation chart from 1914 to 2017


Buying power of CA$1 in 2011

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for CA$1 in 2011 (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
2011 CA$1.00 2.30%
2012 CA$1.01 0.83%
2013 CA$1.02 1.24%
2014 CA$1.04 1.47%
2015 CA$1.05 1.61%
2016 CA$1.07 1.50%
2017 CA$1.08 1.56%
2018 CA$1.09 0.31%
2019 CA$1.11 1.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

How to Calculate Inflation Rate for CA$1, 2011 to 2015

This inflation calculator uses the following inflation rate formula:

CPI in 2011CPI in 2015
×
2015 CAD value
=
2011 CAD value

Then plug in historical CPI values. The Canadian CPI was 126.5 in the year 2015 and 120.2 in 2011:

120.2126.5
×
CA$1
=
CA$0.95

CA$1 in 2015 has the same "purchasing power" or "buying power" as CA$0.95 in 2011.

To get the total inflation rate for the 4 years between 2011 and 2015, we use the following formula:

CPI in 2011 - CPI in 2015CPI in 2015
×
100
=
Cumulative inflation rate (4 years)

Plugging in the values to this equation, we get:

120.2 - 126.5126.5
×
100
=
-5%

News headlines from 2011

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

  • Barack Obama and Raul Castro, hold the first meeting between Cuban and American leaders since the Cuban Revolution.
  • The population of India reaches 1 billion (officially). The billionth baby was named Astha Arora.
  • Donald Trump announces his intention to join the US presidential campaign.
  • China brings an end to its one child policy, 35 years after it was first introduced.

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: “CA$1 in 2015 → 2011 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 Nov. 2019, https://www.officialdata.org/2015-CAD-in-2011?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.

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» Read more about inflation and investment.

Inflation from 2015 to 2011
Cumulative price change -4.98%
Average inflation rate 1.29%
Converted amount (CA$1 base) CA$0.95
Price difference (CA$1 base) CA$-0.05
CPI in 2015 126.500
CPI in 2011 120.200
Inflation in 2011 2.30%
Inflation in 2015 1.61%
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