According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.10% per year. Prices in 1999 are 918.5% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$1,018.48 in 1999, a difference of CA$918.48 over 76 years.
The inflation rate in 1999 was 2.63%.
|Cumulative price change||918.48%|
|Average inflation rate||3.10%|
|Price difference (CA$100 base)||CA$918.48|
|CPI in 1923||9.2|
|CPI in 1999||93.7|
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 1999 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1923-CAD-in-1999.