According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.96% per year. Prices in 2008 are 1131.5% higher than prices in 1922.
In other words, CA$100 in the year 1922 is equivalent in purchasing power to CA$1,231.52 in 2008, a difference of CA$1,131.52 over 86 years.
The inflation rate in 2008 was 1.16%.
|Cumulative price change||1131.52%|
|Average inflation rate||2.96%|
|Price difference (CA$100 base)||CA$1,131.52|
|CPI in 1922||9.2|
|CPI in 2008||113.3|
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: “1922 dollars in 2008 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1922-CAD-in-2008.