According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.93% per year. Prices in 2015 are 1290.1% higher than prices in 1924.
In other words, CA$100 in the year 1924 is equivalent in purchasing power to CA$1,390.11 in 2015, a difference of CA$1,290.11 over 91 years.
The inflation rate in 2015 was 1.61%.
|Cumulative price change||1290.11%|
|Average inflation rate||2.93%|
|Price difference (CA$100 base)||CA$1,290.11|
|CPI in 1924||9.1|
|CPI in 2015||126.5|
You may use the following MLA citation for this page: “1924 dollars in 2015 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 26 May. 2018, https://www.officialdata.org/1924-CAD-in-2015.