CA$100 in 1941 → CA$973.56 in 1992

Canada Inflation Calculator

CA$

Canadian Inflation Rate, CA$100 in 1941 to 1992

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.56% per year. Prices in 1992 are 873.6% higher than prices in 1941.

In other words, CA$100 in 1941 is equivalent in purchasing power to CA$973.56 in 1992, a difference of CA$873.56 over 51 years.

The inflation rate in 1992 was 2.17%.

Inflation from 1941 to 1992
Cumulative price change 873.56%
Average inflation rate 4.56%
Converted amount (CA$100 base) CA$973.56
Price difference (CA$100 base) CA$873.56
CPI in 1941 8.7
CPI in 1992 84.7


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1941 to 1992

This inflation calculator uses the following inflation rate formula:

CPI in 1992 / CPI in 1941 * 1941 CAD value = 1992 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.7 in the year 1941 and 84.7 in 1992:

84.7 / 8.7 * CA$100 = CA$973.56

CA$100 in 1941 has the same "purchasing power" or "buying power" as CA$973.56 in 1992.


News headlines from 1941

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

  • 6,000 Jews are exterminated in the Bucharest pogrom in Romania.
  • Kuomintang troops open fire at communist forces, leading to the resumption of the Chinese civil war.
  • The British battle cruiser the HMS Hood is sunk by the German Battleship Bismarck, leading to 1,416 dead and only 3 survivors.
  • Germany, Italy, and Romania declare war on the Soviet Union.

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: “1941 dollars in 1992 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 Jun. 2018, https://www.officialdata.org/1941-CAD-in-1992.


» Read more about inflation.