CA$100 in 1924 → CA$507.69 in 1980

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1924-1980 (CA$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.94% per year. Prices in 1980 are 407.7% higher than prices in 1924.

In other words, CA$100 in the year 1924 is equivalent in purchasing power to CA$507.69 in 1980, a difference of CA$407.69 over 56 years.

The inflation rate in 1980 was 11.06%.

Inflation from 1924 to 1980
Cumulative price change 407.69%
Average inflation rate 2.94%
Price difference (CA$100 base) CA$407.69
CPI in 1924 9.1
CPI in 1980 46.2


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1924 to 1980

This inflation calculator uses the following inflation rate formula:

CPI in 1980 / CPI in 1924 * 1924 CAD value = 1980 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.1 in the year 1924 and 46.2 in 1980:

46.2 / 9.1 * CA$100 = CA$507.69

CA$100 in 1924 has the same "purchasing power" as CA$507.69 in 1980.


Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “1924 dollars in 1980 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1924-CAD-in-1980.


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