$1 in 1945 is worth $1.03 in 1946

$

Value of $1 from 1945 to 1946

$1 in 1945 is equivalent in purchasing power to about $1.03 in 1946. The dollar had an average inflation rate of 3.10% per year between 1945 and 1946, producing a cumulative price increase of 3.10%.

This means that prices in 1946 are 1.03 times as high as average prices in 1945, according to Statistics Canada consumer price index.

The inflation rate in 1945 was 0.64%. The inflation rate in 1946 was 3.10%. The 1946 inflation rate is lower compared to the average inflation rate of 3.65% per year between 1946 and 2026.

⌃
Inflation from 1945 to 1946
Average inflation rate 3.10%
Converted amount
$1 base		 $1.03
Price difference
$1 base		 $0.03
CPI in 1945 9.150
CPI in 1946 9.433
Inflation in 1945 0.64%
Inflation in 1946 3.10%
$1 in 1945 $1.03 in 1946
Recent CAD inflation
Annual Rate, Statistics Canada CPI
Download

How to calculate inflation rate for $1, 1945 to 1946

Our calculations use the following inflation rate formula to calculate the change in value between 1945 and 1946:

CPI in 1946CPI in 1945
×
1945 CAD value
=
1946 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.15 in the year 1945 and 9.433333333 in 1946:

9.4333333339.15
×
$1
=
$1.03

$1 in 1945 has the same "purchasing power" or "buying power" as $1.03 in 1946.

To get the total inflation rate for the 1 years between 1945 and 1946, we use the following formula:

CPI in 1946 - CPI in 1945CPI in 1945
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

9.433333333 - 9.159.15
×
100
=
3%

Frequently asked questions

How much is $1 from 1945 worth in 1946?

$1 in 1945 has about the same buying power as $1.03 in 1946, based on the consumer price index published by Statistics Canada. Prices in 1946 are 1.03 times as high as they were in 1945.

What was the inflation rate in 1945?

The Canadian inflation rate in 1945 was 0.64%, measured as the change in the consumer price index from 1944 to 1945. See inflation in 1945 for more detail.

What has the average inflation rate been from 1945 to 1946?

Prices rose by an average of 3.10% per year between 1945 and 1946, a cumulative increase of 3.10%.

How is this calculated?

Divide the CPI in 1946 (9.433) by the CPI in 1945 (9.15), then multiply by the original amount: 9.433 ÷ 9.15 × $1 = $1.03. 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 1945 → $1.03 in 1946 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/canada/inflation/1945?amount=1&endYear=1946.

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.

Email · LinkedIn · Twitter

Inflation from 1945 to 1946
Average inflation rate 3.10%
Converted amount
$1 base		 $1.03
Price difference
$1 base		 $0.03
CPI in 1945 9.150
CPI in 1946 9.433
Inflation in 1945 0.64%
Inflation in 1946 3.10%
$1 in 1945 $1.03 in 1946