Value of $1 from 1990 to 1989
$1 in 1990 is equivalent in purchasing power to about $0.95 in 1989. The dollar had an average inflation rate of 4.78% per year between 1989 and 1990, producing a cumulative price increase of -4.56%.
This means that prices in 1989 are 4.56% lower than average prices in 1990, according to Statistics Canada consumer price index.
The inflation rate in 1989 was 4.98%. The inflation rate in 1990 was 4.78%. The 1990 inflation rate is higher compared to the average inflation rate of 2.10% per year between 1990 and 2026.
⌃
| Average inflation rate | 4.78% |
|
Converted amount
$1 base | $0.95 |
|
Price difference
$1 base | $-0.05 |
| CPI in 1990 | 78.358 |
| CPI in 1989 | 74.783 |
| Inflation in 1989 | 4.98% |
| Inflation in 1990 | 4.78% |
| $1 in 1990 | $0.95 in 1989 |
How to calculate inflation rate for $1, 1989 to 1990
Our calculations use the following inflation rate formula to calculate the change in value between 1989 and 1990:
CPI in 1989CPI in 1990
×
1990 CAD value
=
1989 CAD value
Then plug in historical CPI values. The Canadian CPI was 78.35833333 in the year 1990 and 74.78333333 in 1989:
74.7833333378.35833333
×
$1
=
$0.95
$1 in 1990 has the same "purchasing power" or "buying power" as $0.95 in 1989.
To get the total inflation rate for the 1 years between 1989 and 1990, we use the following formula:
CPI in 1989 - CPI in 1990CPI in 1990
×
100
=
Cumulative inflation rate (1 years)
Plugging in the values to this equation, we get:
74.78333333 - 78.3583333378.35833333
×
100
=
-5%
Frequently asked questions
How much is $1 from 1990 worth in 1989?
$1 in 1990 has about the same buying power as $0.95 in 1989, based on the consumer price index published by Statistics Canada. Prices in 1989 are 4.56% lower than they were in 1990.
What was the inflation rate in 1989?
The Canadian inflation rate in 1989 was 4.98%, measured as the change in the consumer price index from 1988 to 1989. See inflation in 1989 for more detail.
What has the average inflation rate been from 1989 to 1990?
Prices rose by an average of 4.78% per year between 1989 and 1990, a cumulative increase of 4.78%.
How is this calculated?
Divide the CPI in 1989 (74.783) by the CPI in 1990 (78.358), then multiply by the original amount: 74.783 ÷ 78.358 × $1 = $0.95. 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 1990 → 1989 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 8 Oct. 2026, https://www.officialdata.org/canada/inflation/1990?amount=1&endYear=1989.
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 | 4.78% |
|
Converted amount
$1 base | $0.95 |
|
Price difference
$1 base | $-0.05 |
| CPI in 1990 | 78.358 |
| CPI in 1989 | 74.783 |
| Inflation in 1989 | 4.98% |
| Inflation in 1990 | 4.78% |
| $1 in 1990 | $0.95 in 1989 |