Value of $1 from 1935 to 1949
$1 in 1935 is equivalent in purchasing power to about $1.68 in 1949, an increase of $0.68 over 14 years. The dollar had an average inflation rate of 3.76% per year between 1935 and 1949, producing a cumulative price increase of 67.70%.
This means that prices in 1949 are 1.68 times as high as average prices since 1935, according to Statistics Canada consumer price index.
The inflation rate in 1935 was 0.46%. The inflation rate in 1949 was 3.48%. The 1949 inflation rate is lower compared to the average inflation rate of 3.49% per year between 1949 and 2024.
⌃
| Cumulative price change | 67.70% |
| Average inflation rate | 3.76% |
| Converted amount $1 base | $1.68 |
| Price difference $1 base | $0.68 |
| CPI in 1935 | 7.250 |
| CPI in 1949 | 12.158 |
| Inflation in 1935 | 0.46% |
| Inflation in 1949 | 3.48% |
| $1 in 1935 | $1.68 in 1949 |
Buying power of $1 in 1935
This chart shows a calculation of buying power equivalence for $1 in 1935 (price index tracking began in 1914).
For example, if you started with $1, you would need to end with $1.68 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $1 is equivalent to $1.68 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1935 dollars, the chart below shows how $1 is worth less over 14 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1935 amounts in 1949 dollars, based on the 67.70% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 1935 | $1.68 dollars in 1949 |
| $5 dollars in 1935 | $8.39 dollars in 1949 |
| $10 dollars in 1935 | $16.77 dollars in 1949 |
| $50 dollars in 1935 | $83.85 dollars in 1949 |
| $100 dollars in 1935 | $167.70 dollars in 1949 |
| $500 dollars in 1935 | $838.51 dollars in 1949 |
| $1,000 dollars in 1935 | $1,677.01 dollars in 1949 |
| $5,000 dollars in 1935 | $8,385.06 dollars in 1949 |
| $10,000 dollars in 1935 | $16,770.11 dollars in 1949 |
| $50,000 dollars in 1935 | $83,850.57 dollars in 1949 |
| $100,000 dollars in 1935 | $167,701.15 dollars in 1949 |
| $500,000 dollars in 1935 | $838,505.75 dollars in 1949 |
| $1,000,000 dollars in 1935 | $1,677,011.49 dollars in 1949 |
How to calculate inflation rate for $1, 1935 to 1949
Our calculations use the following inflation rate formula to calculate the change in value between 1935 and 1949:
CPI in 1949 CPI in 1935
×
1935 CAD value
=
1949 CAD value
Then plug in historical CPI values. The Canadian CPI was 7.25 in the year 1935 and 12.15833333 in 1949:
12.158333337.25
×
$1
=
$1.68
$1 in 1935 has the same "purchasing power" or "buying power" as $1.68 in 1949.
To get the total inflation rate for the 14 years between 1935 and 1949, we use the following formula:
CPI in 1949 - CPI in 1935CPI in 1935
×
100
=
Cumulative inflation rate (14 years)
Plugging in the values to this equation, we get:
12.15833333 - 7.257.25
×
100
=
68%
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 1935 → 1949 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 6 May. 2024, https://www.officialdata.org/canada/inflation/1935?amount=1&endYear=1949.
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.
| Cumulative price change | 67.70% |
| Average inflation rate | 3.76% |
| Converted amount $1 base | $1.68 |
| Price difference $1 base | $0.68 |
| CPI in 1935 | 7.250 |
| CPI in 1949 | 12.158 |
| Inflation in 1935 | 0.46% |
| Inflation in 1949 | 3.48% |
| $1 in 1935 | $1.68 in 1949 |