According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.90% per year. Prices in 2014 are 1253.3% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$1,353.26 in 2014, a difference of CA$1,253.26 over 91 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1253.26%|
|Average inflation rate||2.90%|
|Price difference (CA$100 base)||CA$1,253.26|
|CPI in 1923||9.2|
|CPI in 2014||124.5|
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 2014 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1923-CAD-in-2014.