# CA\$100 in 1929 → CA\$629.79 in 1983

CA\$

### Canadian Inflation Rate, CA\$100 in 1929 to 1983

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.47% per year. Prices in 1983 are 529.8% higher than prices in 1929.

In other words, CA\$100 in 1929 is equivalent in purchasing power to CA\$629.79 in 1983, a difference of CA\$529.79 over 54 years.

The inflation rate in 1983 was 4.59%.

 Cumulative price change 529.79% Average inflation rate 3.47% Converted amount (CA\$100 base) CA\$629.79 Price difference (CA\$100 base) CA\$529.79 CPI in 1929 9.4 CPI in 1983 59.2

### How to calculate the inflation rate for CA\$100, 1929 to 1983

This inflation calculator uses the following inflation rate formula:

CPI in 1983 / CPI in 1929 * 1929 CAD value = 1983 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.4 in the year 1929 and 59.2 in 1983:

59.2 / 9.4 * CA\$100 = CA\$629.79

CA\$100 in 1929 has the same "purchasing power" or "buying power" as CA\$629.79 in 1983.

Politics and news often influence economic performance. Here's what was happening at the time:

• The world's smallest country, the Vatican City, is created as an enclave of Rome.
• Seven gangsters are killed in Chicago on Al Capone's orders in an event now known as St. Valentine's Day Massacre.
• A final solution of a border dispute between Chile and Peru is reached after the signing of the Treaty of Lima.
• Beginning of the Great Depression with stock market crash known as "Black Thursday".
• ‘Black Thursday’, leads to a Wall Street crash and the biggest depression in the history of the world.

### Inflation Data Source

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: “1929 dollars in 1983 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 Jun. 2018, https://www.officialdata.org/1929-CAD-in-1983.