According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.87% per year. Prices in 2011 are 1178.7% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent in purchasing power to CA$1,278.72 in 2011, a difference of CA$1,178.72 over 90 years.
The inflation rate in 2011 was 2.30%.
|Cumulative price change||1178.72%|
|Average inflation rate||2.87%|
|Price difference (CA$100 base)||CA$1,178.72|
|CPI in 1921||9.4|
|CPI in 2011||120.2|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1921 dollars in 2011 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1921-CAD-in-2011.