Admin Table of Contents
- 1 What was the Canadian dollar worth in 2008?
- 2 What was today’s dollar worth in 2008?
- 3 When was the last time the Canadian dollar was par with the U.S. dollar?
- 4 What year was the Canadian dollar the highest?
- 5 How much was a Canadian dollar worth in 1920?
- 6 What could you buy with 100 dollars in 1920?
What was the Canadian dollar worth in 2008?
When $100 is equivalent to $121.27 over time, that means that the “real value” of a single Canadian dollar decreases over time….Buying power of $100 in 2008.
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 2008 | $100.00 | 1.16% |
| 2009 | $101.32 | 1.32% |
| 2010 | $103.71 | 2.35% |
| 2011 | $106.09 | 2.30% |
What was today’s dollar worth in 2008?
Buying power of $100 in 2008
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 2008 | $1.28 dollars today |
| $5 dollars in 2008 | $6.42 dollars today |
| $10 dollars in 2008 | $12.85 dollars today |
| $50 dollars in 2008 | $64.23 dollars today |
What is a 1920 dollar worth today?
$100 in 1920 is equivalent in purchasing power to about $1,371.55 today, an increase of $1,271.55 over 101 years. The dollar had an average inflation rate of 2.63% per year between 1920 and today, producing a cumulative price increase of 1,271.55%.
What was the Canadian dollar worth in 2009?
When $100 is equivalent to $119.69 over time, that means that the “real value” of a single Canadian dollar decreases over time….Buying power of $100 in 2009.
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 2009 | $100.00 | 1.32% |
| 2010 | $102.35 | 2.35% |
| 2011 | $104.70 | 2.30% |
| 2012 | $105.57 | 0.83% |
When was the last time the Canadian dollar was par with the U.S. dollar?
On September 20, 2007, the Canadian dollar reached parity with the US dollar for the first time in close to 31 years, with a 62% rise in less than six years driven in part by record high prices for oil and other commodities.
What year was the Canadian dollar the highest?
Its value appreciated and it was worth more than the U.S. dollar for part of the 1970s. The high point was on April 25, 1974, when it reached US$1.0443.
What is a dollar in 2009 worth today?
$1 in 2009 is equivalent in purchasing power to about $1.28 today, an increase of $0.28 over 12 years. The dollar had an average inflation rate of 2.07% per year between 2009 and today, producing a cumulative price increase of 27.86%.
What is a 2007 dollar worth today?
Buying power of $100 in 2007
| Initial value | Equivalent value |
|---|---|
| $1 dollar in 2007 | $1.33 dollars today |
| $5 dollars in 2007 | $6.67 dollars today |
| $10 dollars in 2007 | $13.34 dollars today |
| $50 dollars in 2007 | $66.70 dollars today |
How much was a Canadian dollar worth in 1920?
When $100 is equivalent to $1,226.79 over time, that means that the “real value” of a single Canadian dollar decreases over time….Buying power of $100 in 1920.
| Year | Dollar Value | Inflation Rate |
|---|---|---|
| 1920 | $100.00 | 9.80% |
| 1921 | $83.93 | -16.07% |
| 1922 | $82.14 | -2.13% |
| 1923 | $82.14 | 0.00% |
What could you buy with 100 dollars in 1920?
In 1920, a $100 bill would be worth the equivalent of $1,196.30, and you could buy 511 gallons of gas at modern prices. The national average price for a gallon of gas on June 3 was $2.34, according to AAA.
When was the Canadian dollar at its lowest?
The Bank of Canada’s key interest rate reached 21.2% in 1981, and the Canadian dollar hit an all-time low of 69.13 cents (US) on February 4, 1986.
What was the Canadian dollar worth in 2010?
Average exchange rate in 2010: 1.0303 CAD. Worst exchange rate: 0.9953 CAD on 31 Dec 2010.