$100 in 2016 is worth $101.60 in 2017

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Value of $100 from 2016 to 2017

$100 in 2016 is equivalent in purchasing power to about $101.60 in 2017. The dollar had an average inflation rate of 1.60% per year between 2016 and 2017, producing a cumulative price increase of 1.60%.

This means that prices in 2017 are 1.02 times as high as average prices since 2016, according to Statistics Canada consumer price index.

The inflation rate in 2016 was 1.43%. The inflation rate in 2017 was 1.60%. The 2017 inflation rate is lower compared to the average inflation rate of 2.73% per year between 2017 and 2025.

⌃
Inflation from 2016 to 2017
Average inflation rate1.60%
Converted amount
$100 base		$101.60
Price difference
$100 base		$1.60
CPI in 2016128.375
CPI in 2017130.425
Inflation in 20161.43%
Inflation in 20171.60%
$100 in 2016$101.60 in 2017
Recent CAD inflation
Annual Rate, Statistics Canada CPI
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How to calculate inflation rate for $100, 2016 to 2017

Our calculations use the following inflation rate formula to calculate the change in value between 2016 and 2017:

CPI in 2017 CPI in 2016
×
2016 CAD value
=
2017 CAD value

Then plug in historical CPI values. The Canadian CPI was 128.375 in the year 2016 and 130.425 in 2017:

130.425128.375
×
$100
=
$101.60

$100 in 2016 has the same "purchasing power" or "buying power" as $101.60 in 2017.

To get the total inflation rate for the 1 years between 2016 and 2017, we use the following formula:

CPI in 2017 - CPI in 2016CPI in 2016
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

130.425 - 128.375128.375
×
100
=
2%

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: “2016 dollars in 2017 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 14 Dec. 2025, https://www.officialdata.org/2016-CAD-in-2017.

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 2016 to 2017
Average inflation rate1.60%
Converted amount
$100 base		$101.60
Price difference
$100 base		$1.60
CPI in 2016128.375
CPI in 2017130.425
Inflation in 20161.43%
Inflation in 20171.60%
$100 in 2016$101.60 in 2017