CA\$100 in 1922 → CA\$1,121.74 in 2003

CA\$

Canadian Inflation Rate, 1922-2003 (CA\$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.03% per year. Prices in 2003 are 1021.7% higher than prices in 1922.

In other words, CA\$100 in the year 1922 is equivalent in purchasing power to CA\$1,121.74 in 2003, a difference of CA\$1,021.74 over 81 years.

The inflation rate in 2003 was 2.08%.

 Cumulative price change 1021.74% Average inflation rate 3.03% Price difference (CA\$100 base) CA\$1,021.74 CPI in 1922 9.2 CPI in 2003 103.2

How to calculate the inflation rate for CA\$100, 1922 to 2003

This inflation calculator uses the following inflation rate formula:

CPI in 2003 / CPI in 1922 * 1922 CAD value = 2003 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.2 in the year 1922 and 103.2 in 2003:

103.2 / 9.2 * CA\$100 = CA\$1,121.74

CA\$100 in 1922 has the same "purchasing power" as CA\$1,121.74 in 2003.

News headlines from 1922

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

• Egypt is granted independence from Great Britain.
• Mahatma Gandhi is sentenced to six years imprisonment for disobedience
• Stalin is appointed General Secretary of the Russian Communist Party.
• The Ottoman Empire's last sultan Mehmed VI is expelled to Malta on British warship.

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: “1922 dollars in 2003 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 May. 2018, https://www.officialdata.org/1922-CAD-in-2003.