$100 in 1915

$2,455.53 in 2022

The inflation rate in Canada between 1915 and today has been 2,355.53%, which translates into a total increase of $2,355.53. This means that **100 dollars in 1915 are equivalent to 2,455.53 dollars in 2022**. In other words, the purchasing power of $100 in 1915 equals $2,455.53 today. The average annual inflation rate between these periods has been 3.04%.

The following chart depicts the equivalence of $100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (CAD) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator | Value |
---|---|

Cumulative inflation 1915-2021 | 2,208.83% |

Cumulative inflation 1915-today | 2,355.53% |

Avg. Annual inflation 1915-2021 | 3.01% |

CPI 1915 | 4.85 |

CPI 2021 | 111.88 |

CPI 2022-04 (latest official data) | 118.36 |

CPI today | 118.99 |

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

When we have both the start and end years, we can use the following formula:

Value_{t} =Value_{0} ×

CPI_{t}CPI_{0}

To obtain the values equivalent in buying power between 1915 and 2021, use the corresponding CPI values:

Value_{2021}

=Value_{1915} ×

CPI_{2021}CPI_{1915}

=$ 100 ×

111.884.85

≈$2,308.83

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 118.99:

Value_{today}

=Value_{1915} ×

CPI_{today}CPI_{1915}

=$ 100 ×

118.994.85

≈$2,455.53

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: **FV = PV × (1 + i) ^{n}**, where:

- FV: Future Value
- PV: Present Value
- i: Interest rate (inflation)
- n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are $100 worth today. There are 106 years between 1915 and 2021 and the average inflation rate was 3.0059%. Therefore, we can resolve the formula like this:

Value_{2021}

=PV × (1 + i)^{n}

=$100 × (1 + 0.030059)^{106}

≈$2,308.83

Initial Value | Equivalent value | |
---|---|---|

$1 dollar in 1915 | → | $23.09 dollars in 2021 |

$5 dollars in 1915 | → | $115.44 dollars in 2021 |

$10 dollars in 1915 | → | $230.88 dollars in 2021 |

$50 dollars in 1915 | → | $1,154.42 dollars in 2021 |

$100 dollars in 1915 | → | $2,308.83 dollars in 2021 |

$500 dollars in 1915 | → | $11,544.16 dollars in 2021 |

$1,000 dollars in 1915 | → | $23,088.32 dollars in 2021 |

$5,000 dollars in 1915 | → | $115,441.59 dollars in 2021 |

$10,000 dollars in 1915 | → | $230,883.19 dollars in 2021 |

$50,000 dollars in 1915 | → | $1,154,415.94 dollars in 2021 |

$100,000 dollars in 1915 | → | $2,308,831.88 dollars in 2021 |

$500,000 dollars in 1915 | → | $11,544,159.42 dollars in 2021 |

$1,000,000 dollars in 1915 | → | $23,088,318.84 dollars in 2021 |

Cumulative inflation From 1915 | 2,355.53% |

Avg. annual inflation From 1915 | 3.04% |

CPI 1915 | 4.85 |

CPI today | 118.99 |

Period | Value |
---|---|

1915 | 100 |

1916 | 108.97 |

1917 | 128.53 |

1918 | 145.38 |

1919 | 159.24 |

1920 | 185.19 |

1921 | 162.77 |

1922 | 150 |

1923 | 150 |

1924 | 147.15 |

1925 | 148.91 |

1926 | 150 |

1927 | 147.83 |

1928 | 148.91 |

1929 | 150.41 |

1930 | 148.91 |

1931 | 134.24 |

1932 | 121.6 |

1933 | 116.3 |

1934 | 117.66 |

1935 | 118.21 |

1936 | 120.65 |

1937 | 125 |

1938 | 125.68 |

1939 | 124.73 |

1940 | 130.03 |

1941 | 137.77 |

1942 | 144.16 |

1943 | 147.28 |

1944 | 148.23 |

1945 | 149.18 |

1946 | 153.8 |

1947 | 167.66 |

1948 | 191.58 |

1949 | 198.23 |

1950 | 203.53 |

1951 | 225 |

1952 | 230.84 |

1953 | 228.53 |

1954 | 230.03 |

1955 | 230.43 |

1956 | 233.56 |

1957 | 241.3 |

1958 | 247.01 |

1959 | 250 |

1960 | 253.4 |

1961 | 255.98 |

1962 | 258.7 |

1963 | 262.91 |

1964 | 267.93 |

1965 | 274.18 |

1966 | 284.65 |

1967 | 294.84 |

1968 | 306.79 |

1969 | 320.79 |

1970 | 331.52 |

1971 | 340.49 |

1972 | 357.47 |

1973 | 384.24 |

1974 | 426.49 |

1975 | 472.01 |

1976 | 507.61 |

1977 | 548.1 |

1978 | 597.28 |

1979 | 651.9 |

1980 | 717.93 |

1981 | 807.47 |

1982 | 894.43 |

1983 | 946.88 |

1984 | 987.64 |

1985 | 1,026.77 |

1986 | 1,069.84 |

1987 | 1,116.44 |

1988 | 1,161.41 |

1989 | 1,219.29 |

1990 | 1,277.58 |

1991 | 1,349.46 |

1992 | 1,369.57 |

1993 | 1,395.11 |

1994 | 1,397.42 |

1995 | 1,427.45 |

1996 | 1,449.86 |

1997 | 1,473.37 |

1998 | 1,488.04 |

1999 | 1,513.86 |

2000 | 1,555.03 |

2001 | 1,594.29 |

2002 | 1,630.3 |

2003 | 1,675.27 |

2004 | 1,706.39 |

2005 | 1,744.16 |

2006 | 1,779.08 |

2007 | 1,817.12 |

2008 | 1,860.19 |

2009 | 1,865.76 |

2010 | 1,898.91 |

2011 | 1,954.21 |

2012 | 1,983.83 |

2013 | 2,002.45 |

2014 | 2,040.63 |

2015 | 2,063.59 |

2016 | 2,093.07 |

2017 | 2,126.5 |

2018 | 2,174.73 |

2019 | 2,217.12 |

2020 | 2,233.02 |

2021 | 2,308.83 |

2022-04 | 2,442.39 |

Today | 2,455.53 |

All available years

Today's value of canadian dollar by year:

1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies:

- Argentine Peso
- Australian Dollar
- Brazilian Real
- British Pound
- Canadian Dollar
- Chilean Peso
- Chinese Renminbi
- Colombian Peso
- Czech Koruna
- Danish Krone
- Euro
- Euro (Austria)
- Euro (Belgium)
- Euro (Estonia)
- Euro (Finland)
- Euro (France)
- Euro (Germany)
- Euro (Greece)
- Euro (Ireland)
- Euro (Italy)
- Euro (Latvia)
- Euro (Lithuania)
- Euro (Luxembourg)
- Euro (Netherlands)
- Euro (Portugal)
- Euro (Slovakia)
- Euro (Slovenia)
- Euro (Spain)
- Euro (Switzerland)
- Hungarian Forints
- Icelandic Krona
- Indian Rupee
- Indonesian Ruphia
- Israeli New Shekel
- Japanese Yen
- Mexican Peso
- New Zealand Dollar
- Norwegian Krone
- Polish Zloty
- Russian Ruble
- Saudi Riyal
- South African Rand
- South Korean Won
- Swedish Krona
- Turkish Lira
- US Dollar