According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.97% per year. Prices in 2010 are 1177.2% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$1,277.17 in 2010, a difference of CA$1,177.17 over 87 years.
The inflation rate in 2010 was 2.35%.
|Cumulative price change||1177.17%|
|Average inflation rate||2.97%|
|Price difference (CA$100 base)||CA$1,177.17|
|CPI in 1923||9.2|
|CPI in 2010||117.5|
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 2010 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1923-CAD-in-2010.