👉 You may be interested in $1 in 1990 → 2023
Value of $1 from 1990 to 2019
$1 in 1990 is equivalent in purchasing power to about $1.74 in 2019, an increase of $0.74 over 29 years. The dollar had an average inflation rate of 1.92% per year between 1990 and 2019, producing a cumulative price increase of 73.54%.
This means that prices in 2019 are 1.74 times as high as average prices since 1990, according to Statistics Canada consumer price index.
The inflation rate in 1990 was 4.78%. The inflation rate in 2019 was 1.95%. The 2019 inflation rate is lower compared to the average inflation rate of 3.80% per year between 2019 and 2023.
Contents
- Overview
- Buying Power of $1
- Data Source
⌃
| Cumulative price change | 73.54% |
| Average inflation rate | 1.92% |
| Converted amount $1 base | $1.74 |
| Price difference $1 base | $0.74 |
| CPI in 1990 | 78.358 |
| CPI in 2019 | 135.983 |
| Inflation in 1990 | 4.78% |
| Inflation in 2019 | 1.95% |
| $1 in 1990 | $1.74 in 2019 |
CAD inflation since 1990
Annual Rate, Statistics Canada CPI
Download
Buying power of $1 in 1990
This chart shows a calculation of buying power equivalence for $1 in 1990 (price index tracking began in 1914).
For example, if you started with $1, you would need to end with $1.74 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
Download
When $1 is equivalent to $1.74 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1990 dollars, the chart below shows how $1 is worth less over 29 years.
Download
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1990 | $1.00 | 4.78% |
| 1991 | $1.06 | 5.63% |
| 1992 | $1.07 | 1.49% |
| 1993 | $1.09 | 1.87% |
| 1994 | $1.09 | 0.17% |
| 1995 | $1.12 | 2.15% |
| 1996 | $1.13 | 1.57% |
| 1997 | $1.15 | 1.62% |
| 1998 | $1.16 | 1.00% |
| 1999 | $1.18 | 1.73% |
| 2000 | $1.22 | 2.72% |
| 2001 | $1.25 | 2.53% |
| 2002 | $1.28 | 2.26% |
| 2003 | $1.31 | 2.76% |
| 2004 | $1.34 | 1.86% |
| 2005 | $1.37 | 2.21% |
| 2006 | $1.39 | 2.00% |
| 2007 | $1.42 | 2.14% |
| 2008 | $1.46 | 2.37% |
| 2009 | $1.46 | 0.30% |
| 2010 | $1.49 | 1.78% |
| 2011 | $1.53 | 2.91% |
| 2012 | $1.55 | 1.52% |
| 2013 | $1.57 | 0.94% |
| 2014 | $1.60 | 1.91% |
| 2015 | $1.62 | 1.13% |
| 2016 | $1.64 | 1.43% |
| 2017 | $1.66 | 1.60% |
| 2018 | $1.70 | 2.27% |
| 2019 | $1.74 | 1.95% |
| 2020 | $1.75 | 0.72% |
| 2021 | $1.81 | 3.40% |
| 2022 | $1.94 | 7.20% |
| 2023 | $2.01 | 4.00%* |
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 23 more rows
This conversion table shows various other 1990 amounts in 2019 dollars, based on the 73.54% change in prices:
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 1990 | $1.74 dollars in 2019 |
| $5 dollars in 1990 | $8.68 dollars in 2019 |
| $10 dollars in 1990 | $17.35 dollars in 2019 |
| $50 dollars in 1990 | $86.77 dollars in 2019 |
| $100 dollars in 1990 | $173.54 dollars in 2019 |
| $500 dollars in 1990 | $867.70 dollars in 2019 |
| $1,000 dollars in 1990 | $1,735.40 dollars in 2019 |
| $5,000 dollars in 1990 | $8,677.02 dollars in 2019 |
| $10,000 dollars in 1990 | $17,354.04 dollars in 2019 |
| $50,000 dollars in 1990 | $86,770.18 dollars in 2019 |
| $100,000 dollars in 1990 | $173,540.36 dollars in 2019 |
| $500,000 dollars in 1990 | $867,701.80 dollars in 2019 |
| $1,000,000 dollars in 1990 | $1,735,403.59 dollars in 2019 |
How to calculate inflation rate for $1, 1990 to 2019
Our calculations use the following inflation rate formula to calculate the change in value between 1990 and 2019:
CPI in 2019 CPI in 1990
×
1990 CAD value
=
2019 CAD value
Then plug in historical CPI values. The Canadian CPI was 78.35833333 in the year 1990 and 135.9833333 in 2019:
135.983333378.35833333
×
$1
=
$1.74
$1 in 1990 has the same "purchasing power" or "buying power" as $1.74 in 2019.
To get the total inflation rate for the 29 years between 1990 and 2019, we use the following formula:
CPI in 2019 - CPI in 1990CPI in 1990
×
100
=
Cumulative inflation rate (29 years)
Plugging in the values to this equation, we get:
135.9833333 - 78.3583333378.35833333
×
100
=
74%
Data source & citation
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “$1 in 1990 → 2019 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 24 Dec. 2023, https://www.officialdata.org/1990-CAD-in-2019?amount=1.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
About the author
Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.
