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Value of 1930 Canadian Dollar today

$100 in 1930
$1,648.97 in 2022

The inflation rate in Canada between 1930 and today has been 1,548.97%, which translates into a total increase of $1,548.97. This means that 100 dollars in 1930 are equivalent to 1,648.97 dollars in 2022. In other words, the purchasing power of $100 in 1930 equals $1,648.97 today. The average annual inflation rate between these periods has been 3.09%.

Inflation timeline in Canada (1930 - 2022)

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 1930-2021 1,450.46%
Cumulative inflation 1930-today 1,548.97%
Avg. Annual inflation 1930-2021 3.06%
CPI 1930 7.22
CPI 2021 111.88
CPI 2022-04 (latest official data) 118.36
CPI today 118.99

How to calculate today's value of money after inflation?

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.

Using the CPI formula

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

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 1930 and 2021, use the corresponding CPI values:

Value2021
=Value1930 ×
CPI2021/CPI1930
=$ 100 ×
111.88/7.22
$1,550.46

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

Valuetoday
=Value1930 ×
CPItoday/CPI1930
=$ 100 ×
118.99/7.22
$1,648.97

Alternative: Using the compound interest formula

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 91 years between 1930 and 2021 and the average inflation rate was 3.0581%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.030581)91
$1,550.46

Canada inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1930 $15.5 dollars in 2021
$5 dollars in 1930 $77.52 dollars in 2021
$10 dollars in 1930 $155.05 dollars in 2021
$50 dollars in 1930 $775.23 dollars in 2021
$100 dollars in 1930 $1,550.46 dollars in 2021
$500 dollars in 1930 $7,752.28 dollars in 2021
$1,000 dollars in 1930 $15,504.57 dollars in 2021
$5,000 dollars in 1930 $77,522.83 dollars in 2021
$10,000 dollars in 1930 $155,045.65 dollars in 2021
$50,000 dollars in 1930 $775,228.26 dollars in 2021
$100,000 dollars in 1930 $1,550,456.52 dollars in 2021
$500,000 dollars in 1930 $7,752,282.6 dollars in 2021
$1,000,000 dollars in 1930 $15,504,565.2 dollars in 2021
Cumulative inflation From 1930 1,548.97%
Avg. annual inflation From 1930 3.09%
CPI 1930 7.22
CPI today 118.99

Value of Dollar over time (by year)

Period Value
1930 100
1931 90.15
1932 81.66
1933 78.1
1934 79.01
1935 79.38
1936 81.02
1937 83.94
1938 84.4
1939 83.76
1940 87.32
1941 92.52
1942 96.81
1943 98.91
1944 99.54
1945 100.18
1946 103.28
1947 112.59
1948 128.65
1949 133.12
1950 136.68
1951 151.09
1952 155.02
1953 153.47
1954 154.47
1955 154.74
1956 156.84
1957 162.04
1958 165.88
1959 167.88
1960 170.16
1961 171.9
1962 173.72
1963 176.55
1964 179.93
1965 184.12
1966 191.15
1967 197.99
1968 206.02
1969 215.42
1970 222.63
1971 228.65
1972 240.05
1973 258.03
1974 286.41
1975 316.97
1976 340.88
1977 368.07
1978 401.09
1979 437.77
1980 482.12
1981 542.24
1982 600.64
1983 635.86
1984 663.23
1985 689.51
1986 718.43
1987 749.73
1988 779.93
1989 818.8
1990 857.94
1991 906.2
1992 919.71
1993 936.86
1994 938.41
1995 958.58
1996 973.63
1997 989.42
1998 999.27
1999 1,016.61
2000 1,044.25
2001 1,070.62
2002 1,094.8
2003 1,125
2004 1,145.89
2005 1,171.26
2006 1,194.71
2007 1,220.26
2008 1,249.18
2009 1,252.92
2010 1,275.18
2011 1,312.32
2012 1,332.21
2013 1,344.71
2014 1,370.35
2015 1,385.77
2016 1,405.57
2017 1,428.01
2018 1,460.4
2019 1,488.87
2020 1,499.54
2021 1,550.46
2022-04 1,640.15
Today 1,648.97

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 |

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