# CA\$100 in 1924 → CA\$1,331.87 in 2012

CA\$

### Canadian Inflation Rate, CA\$100 in 1924 to 2012

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.99% per year. Prices in 2012 are 1231.9% higher than prices in 1924.

In other words, CA\$100 in 1924 is equivalent in purchasing power to CA\$1,331.87 in 2012, a difference of CA\$1,231.87 over 88 years.

The inflation rate in 2012 was 0.83%.

 Cumulative price change 1231.87% Average inflation rate 2.99% Converted amount (CA\$100 base) CA\$1,331.87 Price difference (CA\$100 base) CA\$1,231.87 CPI in 1924 9.1 CPI in 2012 121.2

### How to calculate the inflation rate for CA\$100, 1924 to 2012

This inflation calculator uses the following inflation rate formula:

CPI in 2012 / CPI in 1924 * 1924 CAD value = 2012 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.1 in the year 1924 and 121.2 in 2012:

121.2 / 9.1 * CA\$100 = CA\$1,331.87

CA\$100 in 1924 has the same "purchasing power" or "buying power" as CA\$1,331.87 in 2012.

### 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 2012 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 Jun. 2018, https://www.officialdata.org/1924-CAD-in-2012.