View $1 in 2024 → 2026
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Value of $1 from 2025 to 2024
$1 in 2025 is equivalent in purchasing power to about $0.99 in 2024. The dollar had an average inflation rate of 0.61% per year between 2024 and 2025, producing a cumulative price increase of -0.61%.
This means that prices in 2024 are 0.61% lower than average prices in 2025, according to Statistics Canada consumer price index.
The inflation rate in 2024 was 2.36%. The inflation rate in 2025 was 0.61%. The 2025 inflation rate is lower compared to the average inflation rate of 2.22% per year between 2025 and 2026.
⌃
| Average inflation rate | 0.61% |
|
Converted amount
$1 base | $0.99 |
|
Price difference
$1 base | $-0.01 |
| CPI in 2025 | 161.800 |
| CPI in 2024 | 160.820 |
| Inflation in 2024 | 2.36% |
| Inflation in 2025 | 0.61% |
| $1 in 2025 | $0.99 in 2024 |
How to calculate inflation rate for $1, 2024 to 2025
Our calculations use the following inflation rate formula to calculate the change in value between 2024 and 2025:
CPI in 2024CPI in 2025
×
2025 CAD value
=
2024 CAD value
Then plug in historical CPI values. The Canadian CPI was 161.8 in the year 2025 and 160.82 in 2024:
160.82161.8
×
$1
=
$0.99
$1 in 2025 has the same "purchasing power" or "buying power" as $0.99 in 2024.
To get the total inflation rate for the 1 years between 2024 and 2025, we use the following formula:
CPI in 2024 - CPI in 2025CPI in 2025
×
100
=
Cumulative inflation rate (1 years)
Plugging in the values to this equation, we get:
160.82 - 161.8161.8
×
100
=
-1%
Frequently asked questions
How much is $1 from 2025 worth in 2024?
$1 in 2025 has about the same buying power as $0.99 in 2024, based on the consumer price index published by Statistics Canada. Prices in 2024 are 0.61% lower than they were in 2025.
What was the inflation rate in 2024?
The Canadian inflation rate in 2024 was 2.36%, measured as the change in the consumer price index from 2023 to 2024. See inflation in 2024 for more detail.
What has the average inflation rate been from 2024 to 2025?
Prices rose by an average of 0.61% per year between 2024 and 2025, a cumulative increase of 0.61%.
How is this calculated?
Divide the CPI in 2024 (160.82) by the CPI in 2025 (161.8), then multiply by the original amount: 160.82 ÷ 161.8 × $1 = $0.99. 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 2025 → $0.99 in 2024 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/canada/inflation/2025?amount=1&endYear=2024.
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 | 0.61% |
|
Converted amount
$1 base | $0.99 |
|
Price difference
$1 base | $-0.01 |
| CPI in 2025 | 161.800 |
| CPI in 2024 | 160.820 |
| Inflation in 2024 | 2.36% |
| Inflation in 2025 | 0.61% |
| $1 in 2025 | $0.99 in 2024 |