According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.20% per year. Prices in 1986 are 626.1% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$726.09 in 1986, a difference of CA$626.09 over 63 years.
The inflation rate in 1986 was 4.21%.
|Cumulative price change||626.09%|
|Average inflation rate||3.20%|
|Price difference (CA$100 base)||CA$626.09|
|CPI in 1923||9.2|
|CPI in 1986||66.8|
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: “1923 dollars in 1986 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 May. 2018, https://www.officialdata.org/1923-CAD-in-1986.