CA$100 in 1920 → CA$815.18 in 1998

Canada Inflation Calculator

CA$

Canadian Inflation Rate, CA$100 in 1920 to 1998

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.73% per year. Prices in 1998 are 715.2% higher than prices in 1920.

In other words, CA$100 in 1920 is equivalent in purchasing power to CA$815.18 in 1998, a difference of CA$715.18 over 78 years.

The inflation rate in 1998 was 1.00%.

Inflation from 1920 to 1998
Cumulative price change 715.18%
Average inflation rate 2.73%
Converted amount (CA$100 base) CA$815.18
Price difference (CA$100 base) CA$715.18
CPI in 1920 11.2
CPI in 1998 91.3


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1920 to 1998

This inflation calculator uses the following inflation rate formula:

CPI in 1998 / CPI in 1920 * 1920 CAD value = 1998 CAD value

Then plug in historical CPI values. The Canadian CPI was 11.2 in the year 1920 and 91.3 in 1998:

91.3 / 11.2 * CA$100 = CA$815.18

CA$100 in 1920 has the same "purchasing power" or "buying power" as CA$815.18 in 1998.


News headlines from 1920

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

  • The League of Nations' first assembly takes place in Paris.
  • The British Parliament passes the Fourth Home Rule Act, dividing Ireland into two parts and leading to a yearlong Anglo-Irish war in the southern counties.
  • The Catholic Church canonizes Joan of Arc, formally making her a saint.
  • The 19th Amendment to the constitution is ratified, granting U.S. woman suffrage for the first time.

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: “1920 dollars in 1998 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 17 Jun. 2018, https://www.officialdata.org/1920-CAD-in-1998.


» Read more about inflation.