$

Value of 1992 Canadian Dollar today

$100 in 1992
$180.29 in 2022

The inflation rate in Canada between 1992 and today has been 80.29%, which translates into a total increase of $80.29. This means that 100 dollars in 1992 are equivalent to 180.29 dollars in 2022. In other words, the purchasing power of $100 in 1992 equals $180.29 today. The average annual inflation rate between these periods has been 1.98%.

Inflation timeline in Canada (1992 - 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 1992-2021 68.58%
Cumulative inflation 1992-today 80.29%
Avg. Annual inflation 1992-2021 1.82%
CPI 1992 66.37
CPI 2021 111.88
CPI 2022-04 (latest official data) 118.36
CPI today 119.65

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 1992 and 2021, use the corresponding CPI values:

Value2021
=Value1992 ×
CPI2021/CPI1992
=$ 100 ×
111.88/66.37
$168.58

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 119.65:

Valuetoday
=Value1992 ×
CPItoday/CPI1992
=$ 100 ×
119.65/66.37
$180.29

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 29 years between 1992 and 2021 and the average inflation rate was 1.8172%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=$100 × (1 + 0.018172)29
$168.58

Canada inflation - Conversion table

Initial Value Equivalent value
$1 dollar in 1992 $1.69 dollars in 2021
$5 dollars in 1992 $8.43 dollars in 2021
$10 dollars in 1992 $16.86 dollars in 2021
$50 dollars in 1992 $84.29 dollars in 2021
$100 dollars in 1992 $168.58 dollars in 2021
$500 dollars in 1992 $842.91 dollars in 2021
$1,000 dollars in 1992 $1,685.81 dollars in 2021
$5,000 dollars in 1992 $8,429.07 dollars in 2021
$10,000 dollars in 1992 $16,858.14 dollars in 2021
$50,000 dollars in 1992 $84,290.68 dollars in 2021
$100,000 dollars in 1992 $168,581.36 dollars in 2021
$500,000 dollars in 1992 $842,906.82 dollars in 2021
$1,000,000 dollars in 1992 $1,685,813.64 dollars in 2021
Cumulative inflation From 1992 80.29%
Avg. annual inflation From 1992 1.98%
CPI 1992 66.37
CPI today 119.65

Value of Dollar over time (by year)

Period Value
1992 100
1993 101.87
1994 102.03
1995 104.23
1996 105.86
1997 107.58
1998 108.65
1999 110.54
2000 113.54
2001 116.41
2002 119.04
2003 122.32
2004 124.59
2005 127.35
2006 129.9
2007 132.68
2008 135.82
2009 136.23
2010 138.65
2011 142.69
2012 144.85
2013 146.21
2014 149
2015 150.67
2016 152.83
2017 155.27
2018 158.79
2019 161.88
2020 163.05
2021 168.58
2022-04 178.33
Today 180.29

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 |

Other currencies: