$1 in 1950 is worth $0.97 in 1949

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Value of $1 from 1950 to 1949

$1 in 1950 is equivalent in purchasing power to about $0.97 in 1949. The dollar had an average inflation rate of 2.67% per year between 1949 and 1950, producing a cumulative price increase of -2.60%.

This means that prices in 1949 are 2.6% lower than average prices in 1950, according to Statistics Canada consumer price index.

The inflation rate in 1949 was 3.48%. The inflation rate in 1950 was 2.67%. The 1950 inflation rate is lower compared to the average inflation rate of 3.46% per year between 1950 and 2026.

⌃
Inflation from 1950 to 1949
Average inflation rate 2.67%
Converted amount
$1 base		 $0.97
Price difference
$1 base		 $-0.03
CPI in 1950 12.483
CPI in 1949 12.158
Inflation in 1949 3.48%
Inflation in 1950 2.67%
$1 in 1950 $0.97 in 1949
Recent CAD inflation
Annual Rate, Statistics Canada CPI
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How to calculate inflation rate for $1, 1949 to 1950

Our calculations use the following inflation rate formula to calculate the change in value between 1949 and 1950:

CPI in 1949CPI in 1950
×
1950 CAD value
=
1949 CAD value

Then plug in historical CPI values. The Canadian CPI was 12.48333333 in the year 1950 and 12.15833333 in 1949:

12.1583333312.48333333
×
$1
=
$0.97

$1 in 1950 has the same "purchasing power" or "buying power" as $0.97 in 1949.

To get the total inflation rate for the 1 years between 1949 and 1950, we use the following formula:

CPI in 1949 - CPI in 1950CPI in 1950
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

12.15833333 - 12.4833333312.48333333
×
100
=
-3%

Frequently asked questions

How much is $1 from 1950 worth in 1949?

$1 in 1950 has about the same buying power as $0.97 in 1949, based on the consumer price index published by Statistics Canada. Prices in 1949 are 2.60% lower than they were in 1950.

What was the inflation rate in 1949?

The Canadian inflation rate in 1949 was 3.48%, measured as the change in the consumer price index from 1948 to 1949. See inflation in 1949 for more detail.

What has the average inflation rate been from 1949 to 1950?

Prices rose by an average of 2.67% per year between 1949 and 1950, a cumulative increase of 2.67%.

How is this calculated?

Divide the CPI in 1949 (12.158) by the CPI in 1950 (12.483), then multiply by the original amount: 12.158 ÷ 12.483 × $1 = $0.97. 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 1950 → 1949 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 7 Oct. 2026, https://www.officialdata.org/canada/inflation/1950?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.

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 1950 to 1949
Average inflation rate 2.67%
Converted amount
$1 base		 $0.97
Price difference
$1 base		 $-0.03
CPI in 1950 12.483
CPI in 1949 12.158
Inflation in 1949 3.48%
Inflation in 1950 2.67%
$1 in 1950 $0.97 in 1949