CA$100 in 1917 → CA$871.08 in 1988

Canada Inflation Calculator

CA$

Canadian Inflation Rate, CA$100 in 1917 to 1988

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.10% per year. Prices in 1988 are 771.1% higher than prices in 1917.

In other words, CA$100 in 1917 is equivalent in purchasing power to CA$871.08 in 1988, a difference of CA$771.08 over 71 years.

The inflation rate in 1988 was 3.88%.

Inflation from 1917 to 1988
Cumulative price change 771.08%
Average inflation rate 3.10%
Converted amount (CA$100 base) CA$871.08
Price difference (CA$100 base) CA$771.08
CPI in 1917 8.3
CPI in 1988 72.3


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1917 to 1988

This inflation calculator uses the following inflation rate formula:

CPI in 1988 / CPI in 1917 * 1917 CAD value = 1988 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.3 in the year 1917 and 72.3 in 1988:

72.3 / 8.3 * CA$100 = CA$871.08

CA$100 in 1917 has the same "purchasing power" or "buying power" as CA$871.08 in 1988.


News headlines from 1917

Politics and news often influence economic performance. Here's what was happening at the time:

  • The Russian "February Revolution" begins alongside protests celebrating Women's Day and St Petersburg riots.
  • Tsar Nicholas II abdicates, nominating his brother, Grand Duke Michael, to succeed him.
  • President Wilson asks US Congress to declare war against Germany.
  • Vladimir Lenin issues the "April Theses" appealing for Soviets to take power during Russian Revolution.
  • Leon Trotsky becomes chairman of the Petrograd Soviet after the Bolsheviks gain control.

Inflation Data Source

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: “1917 dollars in 1988 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 16 Jun. 2018, https://www.officialdata.org/1917-CAD-in-1988.


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