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Value of 1982 Canadian Dollar today

$100 in 1982
$281.47 in 2022

The inflation rate in Canada between 1982 and today has been 181.47%, which translates into a total increase of $181.47. This means that 100 dollars in 1982 are equivalent to 281.47 dollars in 2022. In other words, the purchasing power of $100 in 1982 equals $281.47 today. The average annual inflation rate between these periods has been 2.62%.

Inflation timeline in Canada (1982 - 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 1982-2021 158.13%
Cumulative inflation 1982-today 181.47%
Avg. Annual inflation 1982-2021 2.46%
CPI 1982 43.34
CPI 2021 111.88
CPI 2022-10 (latest official data) 121.52
CPI today 122

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 1982 and 2021, use the corresponding CPI values:

Value2021
=Value1982 ×
CPI2021/CPI1982
=$ 100 ×
111.88/43.34
$258.13

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 122:

Valuetoday
=Value1982 ×
CPItoday/CPI1982
=$ 100 ×
122/43.34
$281.47

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 39 years between 1982 and 2021 and the average inflation rate was 2.4614%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.024614)39
$258.13

Canada inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1982 $2.58 dollars in 2021
$5 dollars in 1982 $12.91 dollars in 2021
$10 dollars in 1982 $25.81 dollars in 2021
$50 dollars in 1982 $129.07 dollars in 2021
$100 dollars in 1982 $258.13 dollars in 2021
$500 dollars in 1982 $1,290.67 dollars in 2021
$1,000 dollars in 1982 $2,581.35 dollars in 2021
$5,000 dollars in 1982 $12,906.73 dollars in 2021
$10,000 dollars in 1982 $25,813.46 dollars in 2021
$50,000 dollars in 1982 $129,067.31 dollars in 2021
$100,000 dollars in 1982 $258,134.62 dollars in 2021
$500,000 dollars in 1982 $1,290,673.12 dollars in 2021
$1,000,000 dollars in 1982 $2,581,346.24 dollars in 2021
Cumulative inflation From 1982 181.47%
Avg. annual inflation From 1982 2.62%
CPI 1982 43.34
CPI today 122

Value of Dollar over time (by year)

Period Value
1982 100
1983 105.86
1984 110.42
1985 114.8
1986 119.61
1987 124.82
1988 129.85
1989 136.32
1990 142.84
1991 150.87
1992 153.12
1993 155.98
1994 156.24
1995 159.59
1996 162.1
1997 164.73
1998 166.37
1999 169.25
2000 173.86
2001 178.25
2002 182.27
2003 187.3
2004 190.78
2005 195
2006 198.91
2007 203.16
2008 207.98
2009 208.6
2010 212.3
2011 218.49
2012 221.8
2013 223.88
2014 228.15
2015 230.72
2016 234.01
2017 237.75
2018 243.14
2019 247.88
2020 249.66
2021 258.13
2022-10 280.36
Today 281.47

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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