$1 in 1930 is worth $1.03 in 1927

Value of $1 from 1930 to 1927

According to Statistics Canada consumer price index, prices in 1927 are 3.41% higher than average prices since 1930. The Canadian dollar experienced an average deflation rate of -1.11% per year during this period, causing the real value of a dollar to increase.

In other words, $1 in 1930 is equivalent in purchasing power to about $1.03 in 1927, a difference of $0.03 over 3 years.

The 1927 inflation rate was -1.09%. The inflation rate in 1930 was -6.38%. The 1930 inflation rate is lower compared to the average inflation rate of 3.09% per year between 1930 and 2020.


Inflation from 1930 to 1927
Cumulative price change 3.41%
Average inflation rate -1.11%
Converted amount ($1 base) $1.03
Price difference ($1 base) $0.03
CPI in 1930 8.800
CPI in 1927 9.100
Inflation in 1927 -1.09%
Inflation in 1930 -6.38%

CAD Inflation since 1914
Annual Rate, Statistics Canada CPI
Download

Buying power of $1 in 1927

This chart shows a calculation of buying power equivalence for $1 in 1927 (price index tracking began in 1914).

For example, if you started with $1, you would need to end with $1.03 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:

Dollar inflation: 1927-1930
Year Dollar Value Inflation Rate
1927 $1.00 -1.09%
1928 $1.01 1.10%
1929 $1.03 2.17%
1930 $0.97 -6.38%
1931 $0.87 -10.23%
1932 $0.80 -7.59%
1933 $0.78 -2.74%
1934 $0.79 1.41%
1935 $0.81 2.78%
1936 $0.82 1.35%
1937 $0.86 4.00%
1938 $0.84 -2.56%
1939 $0.86 2.63%
1940 $0.90 5.13%
1941 $0.96 6.10%
1942 $0.99 3.45%
1943 $1.01 2.22%
1944 $0.99 -2.17%
1945 $1.01 2.22%
1946 $1.07 5.43%
1947 $1.22 14.43%
1948 $1.33 9.01%
1949 $1.34 0.83%
1950 $1.42 5.74%
1951 $1.57 10.85%
1952 $1.55 -1.40%
1953 $1.55 0.00%
1954 $1.55 0.00%
1955 $1.56 0.71%
1956 $1.60 2.82%
1957 $1.64 2.05%
1958 $1.68 2.68%
1959 $1.70 1.31%
1960 $1.73 1.29%
1961 $1.73 0.00%
1962 $1.76 1.91%
1963 $1.79 1.88%
1964 $1.82 1.84%
1965 $1.88 3.01%
1966 $1.95 3.51%
1967 $2.02 3.95%
1968 $2.11 4.35%
1969 $2.21 4.69%
1970 $2.23 1.00%
1971 $2.34 4.93%
1972 $2.46 5.16%
1973 $2.69 9.38%
1974 $3.03 12.65%
1975 $3.32 9.42%
1976 $3.51 5.63%
1977 $3.84 9.40%
1978 $4.16 8.60%
1979 $4.57 9.76%
1980 $5.08 11.06%
1981 $5.69 12.12%
1982 $6.22 9.27%
1983 $6.51 4.59%
1984 $6.75 3.72%
1985 $7.04 4.40%
1986 $7.34 4.21%
1987 $7.65 4.19%
1988 $7.95 3.88%
1989 $8.36 5.26%
1990 $8.78 4.99%
1991 $9.11 3.75%
1992 $9.31 2.17%
1993 $9.46 1.65%
1994 $9.48 0.23%
1995 $9.65 1.74%
1996 $9.86 2.16%
1997 $9.93 0.78%
1998 $10.03 1.00%
1999 $10.30 2.63%
2000 $10.63 3.20%
2001 $10.70 0.72%
2002 $11.11 3.80%
2003 $11.34 2.08%
2004 $11.58 2.13%
2005 $11.82 2.09%
2006 $12.02 1.67%
2007 $12.31 2.38%
2008 $12.45 1.16%
2009 $12.62 1.32%
2010 $12.91 2.35%
2011 $13.21 2.30%
2012 $13.32 0.83%
2013 $13.48 1.24%
2014 $13.68 1.47%
2015 $13.90 1.61%
2016 $14.11 1.50%
2017 $14.33 1.56%
2018 $14.37 0.31%
2019 $14.66 1.99%
2020 $14.99 2.25%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1927 amounts in 1930 dollars, based on the 3.41% change in prices:

Conversion Table: Value of a dollar in 1930
Initial value Equivalent value
$1 dollar in 1927 $0.97 dollars in 1930
$5 dollars in 1927 $4.84 dollars in 1930
$10 dollars in 1927 $9.67 dollars in 1930
$50 dollars in 1927 $48.35 dollars in 1930
$100 dollars in 1927 $96.70 dollars in 1930
$500 dollars in 1927 $483.52 dollars in 1930
$1,000 dollars in 1927 $967.03 dollars in 1930
$5,000 dollars in 1927 $4,835.16 dollars in 1930
$10,000 dollars in 1927 $9,670.33 dollars in 1930
$50,000 dollars in 1927 $48,351.65 dollars in 1930
$100,000 dollars in 1927 $96,703.30 dollars in 1930
$500,000 dollars in 1927 $483,516.48 dollars in 1930
$1,000,000 dollars in 1927 $967,032.97 dollars in 1930

How to Calculate Inflation Rate for $1, 1927 to 1930

Our calculations use the following inflation rate formula to calculate the change in value between 1927 and 1930:

CPI in 1927 CPI in 1930
×
1930 CAD value
=
1927 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.8 in the year 1930 and 9.1 in 1927:

9.18.8
×
$1
=
$1.03

$1 in 1930 has the same "purchasing power" or "buying power" as $1.03 in 1927.

To get the total inflation rate for the 3 years between 1927 and 1930, we use the following formula:

CPI in 1927 - CPI in 1930CPI in 1930
×
100
=
Cumulative inflation rate (3 years)

Plugging in the values to this equation, we get:

9.1 - 8.88.8
×
100
=
3%

News headlines from 1927

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

  • Mohandas Gandhi protests British salt tax by a 200-mile-long walk.
  • Clyde Tombaugh discovers Pluto.
  • Lawrence Hyland discovers the first radar by accident.
  • Roald Amundsen's leads the first expedition to reach the South Pole.
  • American explorer Hiram Bingham discovers Machu Picchu.

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 1930 → 1927 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 27 Oct. 2020, https://www.officialdata.org/canada/inflation/1930?amount=1&endYear=1927.

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 1930 to 1927
Cumulative price change 3.41%
Average inflation rate -1.11%
Converted amount ($1 base) $1.03
Price difference ($1 base) $0.03
CPI in 1930 8.800
CPI in 1927 9.100
Inflation in 1927 -1.09%
Inflation in 1930 -6.38%