According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.24% per year. Prices in 1995 are 864.8% higher than prices in 1924.
In other words, CA$100 in the year 1924 is equivalent in purchasing power to CA$964.84 in 1995, a difference of CA$864.84 over 71 years.
The inflation rate in 1995 was 1.74%.
|Cumulative price change||864.84%|
|Average inflation rate||3.24%|
|Price difference (CA$100 base)||CA$864.84|
|CPI in 1924||9.1|
|CPI in 1995||87.8|
You may use the following MLA citation for this page: “1924 dollars in 1995 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 27 May. 2018, https://www.officialdata.org/1924-CAD-in-1995.