Value of $100 from 2003 to 2016
$100 in 2003 is equivalent in purchasing power to about $124.94 in 2016, an increase of $24.94 over 13 years. The dollar had an average inflation rate of 1.73% per year between 2003 and 2016, producing a cumulative price increase of 24.94%.
This means that prices in 2016 are 1.25 times as high as average prices since 2003, according to Statistics Canada consumer price index.
The inflation rate in 2003 was 2.76%. The inflation rate in 2016 was 1.43%. The 2016 inflation rate is lower compared to the average inflation rate of 2.57% per year between 2016 and 2026.
⌃
| Cumulative price change | 24.94% |
| Average inflation rate | 1.73% |
|
Converted amount
$100 base | $124.94 |
|
Price difference
$100 base | $24.94 |
| CPI in 2003 | 102.750 |
| CPI in 2016 | 128.375 |
| Inflation in 2003 | 2.76% |
| Inflation in 2016 | 1.43% |
| $100 in 2003 | $124.94 in 2016 |
Buying power of $100 in 2003
This chart shows a calculation of buying power equivalence for $100 in 2003 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $124.94 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $124.94 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 2003 dollars, the chart below shows how $100 is worth less over 13 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 2003 amounts in 2016 dollars, based on the 24.94% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 2003 | $1.25 dollars in 2016 |
| $5 dollars in 2003 | $6.25 dollars in 2016 |
| $10 dollars in 2003 | $12.49 dollars in 2016 |
| $50 dollars in 2003 | $62.47 dollars in 2016 |
| $100 dollars in 2003 | $124.94 dollars in 2016 |
| $500 dollars in 2003 | $624.70 dollars in 2016 |
| $1,000 dollars in 2003 | $1,249.39 dollars in 2016 |
| $5,000 dollars in 2003 | $6,246.96 dollars in 2016 |
| $10,000 dollars in 2003 | $12,493.92 dollars in 2016 |
| $50,000 dollars in 2003 | $62,469.59 dollars in 2016 |
| $100,000 dollars in 2003 | $124,939.17 dollars in 2016 |
| $500,000 dollars in 2003 | $624,695.86 dollars in 2016 |
| $1,000,000 dollars in 2003 | $1,249,391.73 dollars in 2016 |
How to calculate inflation rate for $100, 2003 to 2016
Our calculations use the following inflation rate formula to calculate the change in value between 2003 and 2016:
CPI in 2016CPI in 2003
×
2003 CAD value
=
2016 CAD value
Then plug in historical CPI values. The Canadian CPI was 102.75 in the year 2003 and 128.375 in 2016:
128.375102.75
×
$100
=
$124.94
$100 in 2003 has the same "purchasing power" or "buying power" as $124.94 in 2016.
To get the total inflation rate for the 13 years between 2003 and 2016, we use the following formula:
CPI in 2016 - CPI in 2003CPI in 2003
×
100
=
Cumulative inflation rate (13 years)
Plugging in the values to this equation, we get:
128.375 - 102.75102.75
×
100
=
25%
Data source & citation
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: “2003 dollars in 2016 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 5 Apr. 2026, https://www.officialdata.org/2003-CAD-in-2016.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 24.94% |
| Average inflation rate | 1.73% |
|
Converted amount
$100 base | $124.94 |
|
Price difference
$100 base | $24.94 |
| CPI in 2003 | 102.750 |
| CPI in 2016 | 128.375 |
| Inflation in 2003 | 2.76% |
| Inflation in 2016 | 1.43% |
| $100 in 2003 | $124.94 in 2016 |