# CA\$100 in 1929 → CA\$1,392.55 in 2018

CA\$

### Canadian Inflation Rate, 1929-2018 (CA\$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.00% per year. Prices in 2018 are 1292.6% higher than prices in 1929.

In other words, CA\$100 in the year 1929 is equivalent in purchasing power to CA\$1,392.55 in 2018, a difference of CA\$1,292.55 over 89 years.

Compared to last year's annual rate, the inflation rate in 2018 is now 0.38%1. If this number holds, CA\$100 today would be equivalent to CA\$100.38 next year.

 Cumulative price change 1292.55% Average inflation rate 3.00% Price difference (CA\$100 base) CA\$1,292.55 CPI in 1929 9.4 CPI in 2018 130.9

### How to calculate the inflation rate for CA\$100 since 1929

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1929 * 1929 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1929 and 130.9 in 2018:

130.9 / 9.4 * CA\$100 = CA\$1,392.55

CA\$100 in 1929 has the same "purchasing power" as CA\$1,392.55 in 2018.

Politics and news often influence economic performance. Here's what was happening at the time:

• The world's smallest country, the Vatican City, is created as an enclave of Rome.
• Seven gangsters are killed in Chicago on Al Capone's orders in an event now known as St. Valentine's Day Massacre.
• A final solution of a border dispute between Chile and Peru is reached after the signing of the Treaty of Lima.
• Beginning of the Great Depression with stock market crash known as "Black Thursday".
• ‘Black Thursday’, leads to a Wall Street crash and the biggest depression in the history of the world.

### 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: “1929 dollars in 2018 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 May. 2018, https://www.officialdata.org/1929-CAD-in-2018.