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Value of 1975 Canadian Dollar today

$100 in 1975
$523.59 in 2022

The inflation rate in Canada between 1975 and today has been 423.59%, which translates into a total increase of $423.59. This means that 100 dollars in 1975 are equivalent to 523.59 dollars in 2022. In other words, the purchasing power of $100 in 1975 equals $523.59 today. The average annual inflation rate between these periods has been 3.59%.

Inflation timeline in Canada (1975 - 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 1975-2021 389.15%
Cumulative inflation 1975-today 423.59%
Avg. Annual inflation 1975-2021 3.51%
CPI 1975 22.87
CPI 2021 111.88
CPI 2022-04 (latest official data) 118.36
CPI today 119.76

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 1975 and 2021, use the corresponding CPI values:

Value2021
=Value1975 ×
CPI2021/CPI1975
=$ 100 ×
111.88/22.87
$489.15

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 119.76:

Valuetoday
=Value1975 ×
CPItoday/CPI1975
=$ 100 ×
119.76/22.87
$523.59

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 46 years between 1975 and 2021 and the average inflation rate was 3.5113%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.035113)46
$489.15

Canada inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1975 $4.89 dollars in 2021
$5 dollars in 1975 $24.46 dollars in 2021
$10 dollars in 1975 $48.91 dollars in 2021
$50 dollars in 1975 $244.57 dollars in 2021
$100 dollars in 1975 $489.15 dollars in 2021
$500 dollars in 1975 $2,445.74 dollars in 2021
$1,000 dollars in 1975 $4,891.48 dollars in 2021
$5,000 dollars in 1975 $24,457.4 dollars in 2021
$10,000 dollars in 1975 $48,914.81 dollars in 2021
$50,000 dollars in 1975 $244,574.03 dollars in 2021
$100,000 dollars in 1975 $489,148.06 dollars in 2021
$500,000 dollars in 1975 $2,445,740.28 dollars in 2021
$1,000,000 dollars in 1975 $4,891,480.55 dollars in 2021
Cumulative inflation From 1975 423.59%
Avg. annual inflation From 1975 3.59%
CPI 1975 22.87
CPI today 119.76

Value of Dollar over time (by year)

Period Value
1975 100
1976 107.54
1977 116.12
1978 126.54
1979 138.11
1980 152.1
1981 171.07
1982 189.49
1983 200.6
1984 209.24
1985 217.53
1986 226.66
1987 236.53
1988 246.06
1989 258.32
1990 270.67
1991 285.9
1992 290.16
1993 295.57
1994 296.06
1995 302.42
1996 307.17
1997 312.15
1998 315.26
1999 320.73
2000 329.45
2001 337.77
2002 345.39
2003 354.92
2004 361.51
2005 369.52
2006 376.91
2007 384.97
2008 394.1
2009 395.28
2010 402.3
2011 414.02
2012 420.29
2013 424.24
2014 432.33
2015 437.19
2016 443.44
2017 450.52
2018 460.74
2019 469.72
2020 473.09
2021 489.15
2022-04 517.44
Today 523.59

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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