According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.79% per year. Prices in 2016 are 1266.0% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent in purchasing power to CA$1,365.96 in 2016, a difference of CA$1,265.96 over 95 years.
The inflation rate in 2016 was 1.50%.
|Cumulative price change||1265.96%|
|Average inflation rate||2.79%|
|Price difference (CA$100 base)||CA$1,265.96|
|CPI in 1921||9.4|
|CPI in 2016||128.4|
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 2016 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 25 May. 2018, https://www.officialdata.org/1921-CAD-in-2016.