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Value of 1952 Canadian Dollar today

$15 in 1952
$170.51 in 2024

The inflation rate in Canada between 1952 and today has been 1,036.73%, which translates into a total increase of $155.51. This means that 15 dollars in 1952 are equivalent to 170.51 dollars in 2024. In other words, the purchasing power of $15 in 1952 equals $170.51 today. The average annual inflation rate between these periods has been 3.43%.

Inflation timeline in Canada (1952 - 2024)

The following chart depicts the equivalence of $15 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 1952-2023 1,009.65%
Cumulative inflation 1952-today 1,036.73%
Avg. Annual inflation 1952-2023 3.45%
CPI 1952 11.19
CPI 2023 124.13
CPI 2024-04 (latest official data) 126.89
CPI today 127.16

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 1952 and 2023, use the corresponding CPI values:

Value2023
=Value1952 ×
CPI2023/CPI1952
=$ 15 ×
124.13/11.19
$166.45

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 127.16:

Valuetoday
=Value1952 ×
CPItoday/CPI1952
=$ 15 ×
127.16/11.19
$170.51

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 $15 worth today. There are 71 years between 1952 and 2023 and the average inflation rate was 3.4477%. Therefore, we can resolve the formula like this:

Value2023
=PV × (1 + i)n
=$15 × (1 + 0.034477)71
$166.45

Canada inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1952 $11.1 dollars in 2023
$5 dollars in 1952 $55.48 dollars in 2023
$10 dollars in 1952 $110.97 dollars in 2023
$50 dollars in 1952 $554.83 dollars in 2023
$100 dollars in 1952 $1,109.65 dollars in 2023
$500 dollars in 1952 $5,548.27 dollars in 2023
$1,000 dollars in 1952 $11,096.53 dollars in 2023
$5,000 dollars in 1952 $55,482.65 dollars in 2023
$10,000 dollars in 1952 $110,965.31 dollars in 2023
$50,000 dollars in 1952 $554,826.55 dollars in 2023
$100,000 dollars in 1952 $1,109,653.1 dollars in 2023
$500,000 dollars in 1952 $5,548,265.49 dollars in 2023
$1,000,000 dollars in 1952 $11,096,530.98 dollars in 2023
Cumulative inflation From 1952 1,036.73%
Avg. annual inflation From 1952 3.43%
CPI 1952 11.19
CPI today 127.16

Value of Dollar over time (by year)

Period Value
1952 15
1953 14.85
1954 14.95
1955 14.97
1956 15.18
1957 15.68
1958 16.05
1959 16.24
1960 16.47
1961 16.63
1962 16.81
1963 17.08
1964 17.41
1965 17.82
1966 18.5
1967 19.16
1968 19.94
1969 20.84
1970 21.54
1971 22.12
1972 23.23
1973 24.97
1974 27.71
1975 30.67
1976 32.98
1977 35.62
1978 38.81
1979 42.36
1980 46.65
1981 52.47
1982 58.12
1983 61.53
1984 64.18
1985 66.72
1986 69.52
1987 72.55
1988 75.47
1989 79.23
1990 83.02
1991 87.69
1992 88.99
1993 90.65
1994 90.8
1995 92.75
1996 94.21
1997 95.74
1998 96.69
1999 98.37
2000 101.04
2001 103.6
2002 105.94
2003 108.86
2004 110.88
2005 113.33
2006 115.6
2007 118.08
2008 120.87
2009 121.24
2010 123.39
2011 126.98
2012 128.91
2013 130.12
2014 132.6
2015 134.09
2016 136.01
2017 138.18
2018 141.31
2019 144.07
2020 145.1
2021 150.03
2022 160.23
2023 166.45
2024-04 170.15
Today 170.51

All available years

Today's value of canadian dollar by year:

1914 | 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 | 2022 | 2023 |

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