$

Value of 1986 Canadian Dollar today

$100 in 1986
$231.01 in 2022

The inflation rate in Canada between 1986 and today has been 131.01%, which translates into a total increase of $131.01. This means that 100 dollars in 1986 are equivalent to 231.01 dollars in 2022. In other words, the purchasing power of $100 in 1986 equals $231.01 today. The average annual inflation rate between these periods has been 2.35%.

Inflation timeline in Canada (1986 - 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 1986-2021 115.81%
Cumulative inflation 1986-today 131.01%
Avg. Annual inflation 1986-2021 2.22%
CPI 1986 51.84
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 1986 and 2021, use the corresponding CPI values:

Value2021
=Value1986 ×
CPI2021/CPI1986
=$ 100 ×
111.88/51.84
$215.81

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

Valuetoday
=Value1986 ×
CPItoday/CPI1986
=$ 100 ×
119.76/51.84
$231.01

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 35 years between 1986 and 2021 and the average inflation rate was 2.2221%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.022221)35
$215.81

Canada inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1986 $2.16 dollars in 2021
$5 dollars in 1986 $10.79 dollars in 2021
$10 dollars in 1986 $21.58 dollars in 2021
$50 dollars in 1986 $107.91 dollars in 2021
$100 dollars in 1986 $215.81 dollars in 2021
$500 dollars in 1986 $1,079.06 dollars in 2021
$1,000 dollars in 1986 $2,158.12 dollars in 2021
$5,000 dollars in 1986 $10,790.58 dollars in 2021
$10,000 dollars in 1986 $21,581.16 dollars in 2021
$50,000 dollars in 1986 $107,905.78 dollars in 2021
$100,000 dollars in 1986 $215,811.57 dollars in 2021
$500,000 dollars in 1986 $1,079,057.84 dollars in 2021
$1,000,000 dollars in 1986 $2,158,115.68 dollars in 2021
Cumulative inflation From 1986 131.01%
Avg. annual inflation From 1986 2.35%
CPI 1986 51.84
CPI today 119.76

Value of Dollar over time (by year)

Period Value
1986 100
1987 104.36
1988 108.56
1989 113.97
1990 119.42
1991 126.14
1992 128.02
1993 130.4
1994 130.62
1995 133.43
1996 135.52
1997 137.72
1998 139.09
1999 141.5
2000 145.35
2001 149.02
2002 152.39
2003 156.59
2004 159.5
2005 163.03
2006 166.29
2007 169.85
2008 173.88
2009 174.4
2010 177.5
2011 182.66
2012 185.43
2013 187.17
2014 190.74
2015 192.89
2016 195.64
2017 198.77
2018 203.28
2019 207.24
2020 208.72
2021 215.81
2022-04 228.3
Today 231.01

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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