Value of $1 from 1935 to 1945
$1 in 1935 is equivalent in purchasing power to about $1.26 in 1945, an increase of $0.26 over 10 years. The dollar had an average inflation rate of 2.35% per year between 1935 and 1945, producing a cumulative price increase of 26.21%.
This means that prices in 1945 are 1.26 times as high as average prices in 1935, according to Statistics Canada consumer price index.
The inflation rate in 1935 was 0.46%. The inflation rate in 1945 was 0.64%. The 1945 inflation rate is lower compared to the average inflation rate of 3.64% per year between 1945 and 2026.
⌃
| Cumulative price change | 26.21% |
| Average inflation rate | 2.35% |
|
Converted amount
$1 base | $1.26 |
|
Price difference
$1 base | $0.26 |
| CPI in 1935 | 7.250 |
| CPI in 1945 | 9.150 |
| Inflation in 1935 | 0.46% |
| Inflation in 1945 | 0.64% |
| $1 in 1935 | $1.26 in 1945 |
Buying power of $1 in 1935
This chart shows a calculation of buying power equivalence for $1 in 1935 (price index tracking began in 1914).
For example, if you started with $1, you would need to end with $1.26 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $1 is equivalent to $1.26 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 1935 dollars, the chart below shows how $1 is worth less over 10 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 1935 amounts in 1945 dollars, based on the 26.21% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 1935 | $1.26 dollars in 1945 |
| $5 dollars in 1935 | $6.31 dollars in 1945 |
| $10 dollars in 1935 | $12.62 dollars in 1945 |
| $50 dollars in 1935 | $63.10 dollars in 1945 |
| $100 dollars in 1935 | $126.21 dollars in 1945 |
| $500 dollars in 1935 | $631.03 dollars in 1945 |
| $1,000 dollars in 1935 | $1,262.07 dollars in 1945 |
| $5,000 dollars in 1935 | $6,310.34 dollars in 1945 |
| $10,000 dollars in 1935 | $12,620.69 dollars in 1945 |
| $50,000 dollars in 1935 | $63,103.45 dollars in 1945 |
| $100,000 dollars in 1935 | $126,206.90 dollars in 1945 |
| $500,000 dollars in 1935 | $631,034.48 dollars in 1945 |
| $1,000,000 dollars in 1935 | $1,262,068.97 dollars in 1945 |
How to calculate inflation rate for $1, 1935 to 1945
Our calculations use the following inflation rate formula to calculate the change in value between 1935 and 1945:
CPI in 1945CPI in 1935
×
1935 CAD value
=
1945 CAD value
Then plug in historical CPI values. The Canadian CPI was 7.25 in the year 1935 and 9.15 in 1945:
9.157.25
×
$1
=
$1.26
$1 in 1935 has the same "purchasing power" or "buying power" as $1.26 in 1945.
To get the total inflation rate for the 10 years between 1935 and 1945, we use the following formula:
CPI in 1945 - CPI in 1935CPI in 1935
×
100
=
Cumulative inflation rate (10 years)
Plugging in the values to this equation, we get:
9.15 - 7.257.25
×
100
=
26%
Frequently asked questions
How much is $1 from 1935 worth in 1945?
$1 in 1935 has about the same buying power as $1.26 in 1945, based on the consumer price index published by Statistics Canada. Prices in 1945 are 1.26 times as high as they were in 1935.
What was the inflation rate in 1935?
The Canadian inflation rate in 1935 was 0.46%, measured as the change in the consumer price index from 1934 to 1935. See inflation in 1935 for more detail.
What has the average inflation rate been from 1935 to 1945?
Prices rose by an average of 2.35% per year between 1935 and 1945, a cumulative increase of 26.21%. Because inflation compounds, these yearly changes add up over 10 years.
How is this calculated?
Divide the CPI in 1945 (9.15) by the CPI in 1935 (7.25), then multiply by the original amount: 9.15 ÷ 7.25 × $1 = $1.26. See the step-by-step formula above.
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: “$1 in 1935 → 1945 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 4 Oct. 2026, https://www.officialdata.org/canada/inflation/1935?amount=1&endYear=1945.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
| Cumulative price change | 26.21% |
| Average inflation rate | 2.35% |
|
Converted amount
$1 base | $1.26 |
|
Price difference
$1 base | $0.26 |
| CPI in 1935 | 7.250 |
| CPI in 1945 | 9.150 |
| Inflation in 1935 | 0.46% |
| Inflation in 1945 | 0.64% |
| $1 in 1935 | $1.26 in 1945 |