$1 in 1920 is worth $0.86 in 1919

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Value of $1 from 1920 to 1919

$1 in 1920 is equivalent in purchasing power to about $0.86 in 1919. The dollar had an average inflation rate of 16.30% per year between 1919 and 1920, producing a cumulative price increase of -14.01%.

This means that prices in 1919 are 14.01% lower than average prices in 1920, according to Statistics Canada consumer price index.

The inflation rate in 1919 was 9.53%. The inflation rate in 1920 was 16.30%. The 1920 inflation rate is higher compared to the average inflation rate of 2.56% per year between 1920 and 2026.

⌃
Inflation from 1920 to 1919
Average inflation rate 16.30%
Converted amount
$1 base		 $0.86
Price difference
$1 base		 $-0.14
CPI in 1920 11.358
CPI in 1919 9.767
Inflation in 1919 9.53%
Inflation in 1920 16.30%
$1 in 1920 $0.86 in 1919
Recent CAD inflation
Annual Rate, Statistics Canada CPI
Download

How to calculate inflation rate for $1, 1919 to 1920

Our calculations use the following inflation rate formula to calculate the change in value between 1919 and 1920:

CPI in 1919CPI in 1920
×
1920 CAD value
=
1919 CAD value

Then plug in historical CPI values. The Canadian CPI was 11.35833333 in the year 1920 and 9.766666667 in 1919:

9.76666666711.35833333
×
$1
=
$0.86

$1 in 1920 has the same "purchasing power" or "buying power" as $0.86 in 1919.

To get the total inflation rate for the 1 years between 1919 and 1920, we use the following formula:

CPI in 1919 - CPI in 1920CPI in 1920
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

9.766666667 - 11.3583333311.35833333
×
100
=
-14%

Frequently asked questions

How much is $1 from 1920 worth in 1919?

$1 in 1920 has about the same buying power as $0.86 in 1919, based on the consumer price index published by Statistics Canada. Prices in 1919 are 14.01% lower than they were in 1920.

What was the inflation rate in 1919?

The Canadian inflation rate in 1919 was 9.53%, measured as the change in the consumer price index from 1918 to 1919. See inflation in 1919 for more detail.

What has the average inflation rate been from 1919 to 1920?

Prices rose by an average of 16.30% per year between 1919 and 1920, a cumulative increase of 16.30%.

How is this calculated?

Divide the CPI in 1919 (9.767) by the CPI in 1920 (11.358), then multiply by the original amount: 9.767 ÷ 11.358 × $1 = $0.86. See the step-by-step formula above.

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 1920 → 1919 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 8 Oct. 2026, https://www.officialdata.org/canada/inflation/1920?amount=1&endYear=1919.

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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Inflation from 1920 to 1919
Average inflation rate 16.30%
Converted amount
$1 base		 $0.86
Price difference
$1 base		 $-0.14
CPI in 1920 11.358
CPI in 1919 9.767
Inflation in 1919 9.53%
Inflation in 1920 16.30%
$1 in 1920 $0.86 in 1919