Value of $1 from 1930 to 1929
$1 in 1930 is equivalent in purchasing power to about $1.01 in 1929. The dollar had an average deflation rate of -0.99% per year since 1929, producing a cumulative price change of 1.00%.
This means that prices in 1929 are 1.01 times as high as average prices in 1930, according to Statistics Canada consumer price index.
The inflation rate in 1929 was 1.00%. The inflation rate in 1930 was -0.99%. The 1930 inflation rate is lower compared to the average inflation rate of 3.06% per year between 1930 and 2026.
⌃
| Average inflation rate | -0.99% |
|
Converted amount
$1 base | $1.01 |
|
Price difference
$1 base | $0.01 |
| CPI in 1930 | 9.133 |
| CPI in 1929 | 9.225 |
| Inflation in 1929 | 1.00% |
| Inflation in 1930 | -0.99% |
| $1 in 1930 | $1.01 in 1929 |
How to calculate inflation rate for $1, 1929 to 1930
Our calculations use the following inflation rate formula to calculate the change in value between 1929 and 1930:
CPI in 1929CPI in 1930
×
1930 CAD value
=
1929 CAD value
Then plug in historical CPI values. The Canadian CPI was 9.133333333 in the year 1930 and 9.225 in 1929:
9.2259.133333333
×
$1
=
$1.01
$1 in 1930 has the same "purchasing power" or "buying power" as $1.01 in 1929.
To get the total inflation rate for the 1 years between 1929 and 1930, we use the following formula:
CPI in 1929 - CPI in 1930CPI in 1930
×
100
=
Cumulative inflation rate (1 years)
Plugging in the values to this equation, we get:
9.225 - 9.1333333339.133333333
×
100
=
1%
Frequently asked questions
How much is $1 from 1930 worth in 1929?
$1 in 1930 has about the same buying power as $1.01 in 1929, based on the consumer price index published by Statistics Canada. Prices in 1929 are 1.01 times as high as they were in 1930.
What was the inflation rate in 1929?
The Canadian inflation rate in 1929 was 1.00%, measured as the change in the consumer price index from 1928 to 1929. See inflation in 1929 for more detail.
What has the average inflation rate been from 1929 to 1930?
Prices fell by an average of 0.99% per year between 1929 and 1930, a cumulative decrease of 0.99%.
How is this calculated?
Divide the CPI in 1929 (9.225) by the CPI in 1930 (9.133), then multiply by the original amount: 9.225 ÷ 9.133 × $1 = $1.01. 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 1930 → $1.01 in 1929 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/canada/inflation/1930?amount=1&endYear=1929.
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.
| Average inflation rate | -0.99% |
|
Converted amount
$1 base | $1.01 |
|
Price difference
$1 base | $0.01 |
| CPI in 1930 | 9.133 |
| CPI in 1929 | 9.225 |
| Inflation in 1929 | 1.00% |
| Inflation in 1930 | -0.99% |
| $1 in 1930 | $1.01 in 1929 |