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Value of 1933 Canadian Dollar today

$100 in 1933
$2,150.35 in 2022

The inflation rate in Canada between 1933 and today has been 2,050.35%, which translates into a total increase of $2,050.35. This means that 100 dollars in 1933 are equivalent to 2,150.35 dollars in 2022. In other words, the purchasing power of $100 in 1933 equals $2,150.35 today. The average annual inflation rate between these periods has been 3.51%.

Inflation timeline in Canada (1933 - 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 1933-2021 1,885.16%
Cumulative inflation 1933-today 2,050.35%
Avg. Annual inflation 1933-2021 3.45%
CPI 1933 5.64
CPI 2021 111.88
CPI 2022-08 (latest official data) 120.57
CPI today 121.19

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 1933 and 2021, use the corresponding CPI values:

Value2021
=Value1933 ×
CPI2021/CPI1933
=$ 100 ×
111.88/5.64
$1,985.16

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 121.19:

Valuetoday
=Value1933 ×
CPItoday/CPI1933
=$ 100 ×
121.19/5.64
$2,150.35

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 88 years between 1933 and 2021 and the average inflation rate was 3.4541%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.034541)88
$1,985.16

Canada inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1933 $19.85 dollars in 2021
$5 dollars in 1933 $99.26 dollars in 2021
$10 dollars in 1933 $198.52 dollars in 2021
$50 dollars in 1933 $992.58 dollars in 2021
$100 dollars in 1933 $1,985.16 dollars in 2021
$500 dollars in 1933 $9,925.82 dollars in 2021
$1,000 dollars in 1933 $19,851.64 dollars in 2021
$5,000 dollars in 1933 $99,258.2 dollars in 2021
$10,000 dollars in 1933 $198,516.4 dollars in 2021
$50,000 dollars in 1933 $992,582.01 dollars in 2021
$100,000 dollars in 1933 $1,985,164.02 dollars in 2021
$500,000 dollars in 1933 $9,925,820.1 dollars in 2021
$1,000,000 dollars in 1933 $19,851,640.2 dollars in 2021
Cumulative inflation From 1933 2,050.35%
Avg. annual inflation From 1933 3.51%
CPI 1933 5.64
CPI today 121.19

Value of Dollar over time (by year)

Period Value
1933 100
1934 101.17
1935 101.64
1936 103.74
1937 107.48
1938 108.06
1939 107.24
1940 111.8
1941 118.46
1942 123.95
1943 126.64
1944 127.45
1945 128.27
1946 132.24
1947 144.16
1948 164.72
1949 170.44
1950 175
1951 193.46
1952 198.48
1953 196.5
1954 197.78
1955 198.13
1956 200.82
1957 207.48
1958 212.38
1959 214.95
1960 217.87
1961 220.09
1962 222.43
1963 226.05
1964 230.37
1965 235.75
1966 244.74
1967 253.5
1968 263.79
1969 275.82
1970 285.05
1971 292.76
1972 307.36
1973 330.37
1974 366.71
1975 405.84
1976 436.45
1977 471.26
1978 513.55
1979 560.51
1980 617.29
1981 694.28
1982 769.04
1983 814.14
1984 849.18
1985 882.83
1986 919.86
1987 959.93
1988 998.6
1989 1,048.36
1990 1,098.48
1991 1,160.28
1992 1,177.57
1993 1,199.53
1994 1,201.52
1995 1,227.34
1996 1,246.61
1997 1,266.82
1998 1,279.44
1999 1,301.64
2000 1,337.03
2001 1,370.79
2002 1,401.75
2003 1,440.42
2004 1,467.17
2005 1,499.65
2006 1,529.67
2007 1,562.38
2008 1,599.42
2009 1,604.21
2010 1,632.71
2011 1,680.26
2012 1,705.72
2013 1,721.73
2014 1,754.56
2015 1,774.3
2016 1,799.65
2017 1,828.39
2018 1,869.86
2019 1,906.31
2020 1,919.98
2021 1,985.16
2022-08 2,139.25
Today 2,150.35

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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