According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.89% per year. Prices in 2015 are 1275.0% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$1,375.00 in 2015, a difference of CA$1,275.00 over 92 years.
The inflation rate in 2015 was 1.61%.
|Cumulative price change||1275.00%|
|Average inflation rate||2.89%|
|Price difference (CA$100 base)||CA$1,275.00|
|CPI in 1923||9.2|
|CPI in 2015||126.5|
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 2015 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 25 May. 2018, https://www.officialdata.org/1923-CAD-in-2015.