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Value of 1935 Canadian Dollar today

$100 in 1935
$2,077.32 in 2022

The inflation rate in Canada between 1935 and today has been 1,977.32%, which translates into a total increase of $1,977.32. This means that 100 dollars in 1935 are equivalent to 2,077.32 dollars in 2022. In other words, the purchasing power of $100 in 1935 equals $2,077.32 today. The average annual inflation rate between these periods has been 3.55%.

Inflation timeline in Canada (1935 - 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 1935-2021 1,853.22%
Cumulative inflation 1935-today 1,977.32%
Avg. Annual inflation 1935-2021 3.52%
CPI 1935 5.73
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 1935 and 2021, use the corresponding CPI values:

Value2021
=Value1935 ×
CPI2021/CPI1935
=$ 100 ×
111.88/5.73
$1,953.22

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

Valuetoday
=Value1935 ×
CPItoday/CPI1935
=$ 100 ×
118.99/5.73
$2,077.32

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 86 years between 1935 and 2021 and the average inflation rate was 3.5163%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.035163)86
$1,953.22

Canada inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1935 $19.53 dollars in 2021
$5 dollars in 1935 $97.66 dollars in 2021
$10 dollars in 1935 $195.32 dollars in 2021
$50 dollars in 1935 $976.61 dollars in 2021
$100 dollars in 1935 $1,953.22 dollars in 2021
$500 dollars in 1935 $9,766.09 dollars in 2021
$1,000 dollars in 1935 $19,532.19 dollars in 2021
$5,000 dollars in 1935 $97,660.93 dollars in 2021
$10,000 dollars in 1935 $195,321.85 dollars in 2021
$50,000 dollars in 1935 $976,609.26 dollars in 2021
$100,000 dollars in 1935 $1,953,218.52 dollars in 2021
$500,000 dollars in 1935 $9,766,092.6 dollars in 2021
$1,000,000 dollars in 1935 $19,532,185.2 dollars in 2021
Cumulative inflation From 1935 1,977.32%
Avg. annual inflation From 1935 3.55%
CPI 1935 5.73
CPI today 118.99

Value of Dollar over time (by year)

Period Value
1935 100
1936 102.07
1937 105.75
1938 106.32
1939 105.52
1940 110
1941 116.55
1942 121.95
1943 124.6
1944 125.4
1945 126.21
1946 130.11
1947 141.84
1948 162.07
1949 167.7
1950 172.18
1951 190.34
1952 195.29
1953 193.33
1954 194.6
1955 194.94
1956 197.59
1957 204.14
1958 208.97
1959 211.49
1960 214.37
1961 216.55
1962 218.85
1963 222.41
1964 226.67
1965 231.95
1966 240.8
1967 249.43
1968 259.54
1969 271.38
1970 280.46
1971 288.05
1972 302.41
1973 325.06
1974 360.8
1975 399.31
1976 429.43
1977 463.68
1978 505.29
1979 551.49
1980 607.36
1981 683.1
1982 756.67
1983 801.03
1984 835.52
1985 868.62
1986 905.06
1987 944.48
1988 982.53
1989 1,031.49
1990 1,080.8
1991 1,141.61
1992 1,158.62
1993 1,180.23
1994 1,182.18
1995 1,207.59
1996 1,226.55
1997 1,246.44
1998 1,258.85
1999 1,280.69
2000 1,315.52
2001 1,348.74
2002 1,379.2
2003 1,417.24
2004 1,443.56
2005 1,475.52
2006 1,505.06
2007 1,537.24
2008 1,573.68
2009 1,578.39
2010 1,606.44
2011 1,653.22
2012 1,678.28
2013 1,694.02
2014 1,726.32
2015 1,745.75
2016 1,770.69
2017 1,798.97
2018 1,839.77
2019 1,875.63
2020 1,889.08
2021 1,953.22
2022-04 2,066.21
Today 2,077.32

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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