# Value of 1969 Canadian Dollar today

\$100 in 1969

\$715.87 in 2021

The inflation rate in Canada between 1969 and today has been 615.87%, which translates into a total increase of \$615.87. This means that 100 dollars in 1969 are equivalent to 715.87 dollars in 2021. In other words, the purchasing power of \$100 in 1969 equals \$715.87 today. The average annual inflation rate has been 3.78%.

## Inflation timeline in Canada (1969-2021)

The following chart depicts the equivalence of \$100 throughout the years due to 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 obtained by estimating figures from recent trends.

The following table contains relevant indicators:

Indicator Value
Total Inflation (1969-2021) 615.63%
Total Inflation* 615.87%
Annual inflation avg. (1969-2021) 3.86%
Annual inflation avg.* 3.78%
CPI 1969 15.17
CPI 2021 108.56
CPI today* 108.6
\$1 in 1969 \$7.16 in 2021

* Values extrapolated from the last official data to obtain today's values.

## 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 compound interest formula or the Consumer Price Index (CPI) formula.

#### Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as a compound interest, the following formula can be used: 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 52 years between 1969 and 2021 and the average inflation rate has been 3.7837%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = \$100 * (1 + 0.04)52 = \$715.63

#### Using the CPI formula

When the CPI for both start and end years is known, the following formula can be used:

Final value = Initial value *
CPI final/CPI initial

In this case, the CPI in 1969 was 15.17 and the CPI today is 108.6. Therefore,

Final value = Initial value *
CPI final/CPI initial
= \$100 *
108.56/15.17
= \$715.63

### Canada inflation - Conversion table

Initial Value Equivalent value
\$1 dollar in 1969 \$7.16 dollars today
\$5 dollars in 1969 \$35.79 dollars today
\$10 dollars in 1969 \$71.59 dollars today
\$50 dollars in 1969 \$357.94 dollars today
\$100 dollars in 1969 \$715.87 dollars today
\$500 dollars in 1969 \$3,579.36 dollars today
\$1,000 dollars in 1969 \$7,158.73 dollars today
\$5,000 dollars in 1969 \$35,793.64 dollars today
\$10,000 dollars in 1969 \$71,587.29 dollars today
\$50,000 dollars in 1969 \$357,936.44 dollars today
\$100,000 dollars in 1969 \$715,872.87 dollars today
\$500,000 dollars in 1969 \$3,579,364.35 dollars today
\$1,000,000 dollars in 1969 \$7,158,728.7 dollars today

Period Value
1969 100
1970 104.69
1971 105.73
1972 110.94
1973 116.67
1974 127.6
1975 143.75
1976 157.29
1977 166.15
1978 181.77
1979 197.4
1980 216.67
1981 240.63
1982 269.79
1983 294.79
1984 308.33
1985 319.79
1986 333.85
1987 347.92
1988 362.5
1989 376.56
1990 396.35
1991 416.15
1992 431.77
1993 441.15
1994 448.44
1995 449.48
1996 457.29
1997 467.19
1998 470.83
1999 475.52
2000 488.02
2001 503.65
2002 507.29
2003 526.56
2004 537.5
2005 548.96
2006 560.42
2007 569.79
2008 583.33
2009 590.1
2010 597.92
2011 611.98
2012 626.04
2013 631.25
2014 639.06
2015 648.44
2016 658.85
2017 668.75
2018 681.25
2019 694.79
2020 710.42
2021 715.63
Today 715.87