# Value of 1975 Canadian Dollar today

\$108,000,000 in 1975

\$537,750,759.51 in 2021

The inflation rate in Canada between 1975 and today has been 397.92%, which translates into a total increase of \$429,750,759.51. This means that 108,000,000 dollars in 1975 are equivalent to 537,750,759.51 dollars in 2021. In other words, the purchasing power of \$108,000,000 in 1975 equals \$537,750,759.51 today. The average annual inflation rate has been 3.47%.

## Inflation timeline in Canada (1975-2021)

The following chart depicts the equivalence of \$108,000,000 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 (1975-2021) 397.83%
Total Inflation* 397.92%
Annual inflation avg. (1975-2021) 3.55%
Annual inflation avg.* 3.47%
CPI 1975 21.81
CPI 2021 108.56
CPI today* 108.58
\$1 in 1975 \$4.98 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 \$108,000,000 worth today. There are 46 years between 1975 and 2021 and the average inflation rate has been 3.4745%. Therefore, we can resolve the formula like this:

FV = PV (1 + i)n = \$108000000 * (1 + 0.03)46 = \$537,652,215.9

#### 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 1975 was 21.81 and the CPI today is 108.58. Therefore,

Final value = Initial value *
CPI final/CPI initial
= \$108,000,000 *
108.56/21.81
= \$537,652,215.9

### Canada inflation - Conversion table

Initial Value Equivalent value
\$1 dollar in 1975 \$4.98 dollars today
\$5 dollars in 1975 \$24.9 dollars today
\$10 dollars in 1975 \$49.79 dollars today
\$50 dollars in 1975 \$248.96 dollars today
\$100 dollars in 1975 \$497.92 dollars today
\$500 dollars in 1975 \$2,489.59 dollars today
\$1,000 dollars in 1975 \$4,979.17 dollars today
\$5,000 dollars in 1975 \$24,895.87 dollars today
\$10,000 dollars in 1975 \$49,791.74 dollars today
\$50,000 dollars in 1975 \$248,958.68 dollars today
\$100,000 dollars in 1975 \$497,917.37 dollars today
\$500,000 dollars in 1975 \$2,489,586.85 dollars today
\$1,000,000 dollars in 1975 \$4,979,173.7 dollars today

#### Value of Dollar over time (by year)

Period Value
1975 108,000,000
1976 118,173,896.18
1977 124,826,091.44
1978 136,565,210.03
1979 148,304,328.63
1980 162,782,586.44
1981 180,782,594.7
1982 202,695,658.99
1983 221,478,278.45
1984 231,652,174.63
1985 240,260,848.39
1986 250,826,050.17
1987 261,391,301.48
1988 272,347,808.86
1989 282,913,060.17
1990 297,782,623.59
1991 312,652,137.49
1992 324,391,305.6
1993 331,434,806.47
1994 336,913,035.4
1995 337,695,646.61
1996 343,565,181.14
1997 350,999,987.62
1998 353,739,126.85
1999 357,260,827.76
2000 366,652,162.25
2001 378,391,280.84
2002 381,130,420.07
2003 395,608,677.89
2004 403,826,095.57
2005 412,434,769.33
2006 421,043,492.62
2007 428,086,943.96
2008 438,260,840.14
2009 443,347,812.99
2010 449,217,397.05
2011 459,782,598.83
2012 470,347,800.61
2013 474,260,856.65
2014 480,130,391.18
2015 487,173,892.05
2016 495,000,004.13
2017 502,434,711.55
2018 511,825,847.94
2019 521,999,991.75
2020 533,739,159.86
2021 537,652,215.9
Today 537,750,759.51