$100 in 1930 is equivalent in purchasing power to about $663.23 in 1984, an increase of $563.23 over 54 years. The dollar had an average inflation rate of 3.57% per year between 1930 and 1984, producing a cumulative price increase of 563.23%.
This means that prices in 1984 are 6.63 times as high as average prices since 1930, according to Statistics Canada consumer price index.
The inflation rate in 1930 was -0.99%. The inflation rate in 1984 was 4.30%. The 1984 inflation rate is higher compared to the average inflation rate of 2.44% per year between 1984 and 2024.
Cumulative price change | 563.23% |
Average inflation rate | 3.57% |
Converted amount $100 base | $663.23 |
Price difference $100 base | $563.23 |
CPI in 1930 | 9.133 |
CPI in 1984 | 60.575 |
Inflation in 1930 | -0.99% |
Inflation in 1984 | 4.30% |
$100 in 1930 | $663.23 in 1984 |
This chart shows a calculation of buying power equivalence for $100 in 1930 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $663.23 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $663.23 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 1930 dollars, the chart below shows how $100 is worth less over 54 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1930 amounts in 1984 dollars, based on the 563.23% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1930 | $6.63 dollars in 1984 |
$5 dollars in 1930 | $33.16 dollars in 1984 |
$10 dollars in 1930 | $66.32 dollars in 1984 |
$50 dollars in 1930 | $331.61 dollars in 1984 |
$100 dollars in 1930 | $663.23 dollars in 1984 |
$500 dollars in 1930 | $3,316.15 dollars in 1984 |
$1,000 dollars in 1930 | $6,632.30 dollars in 1984 |
$5,000 dollars in 1930 | $33,161.50 dollars in 1984 |
$10,000 dollars in 1930 | $66,322.99 dollars in 1984 |
$50,000 dollars in 1930 | $331,614.96 dollars in 1984 |
$100,000 dollars in 1930 | $663,229.93 dollars in 1984 |
$500,000 dollars in 1930 | $3,316,149.64 dollars in 1984 |
$1,000,000 dollars in 1930 | $6,632,299.27 dollars in 1984 |
Our calculations use the following inflation rate formula to calculate the change in value between 1930 and 1984:
Then plug in historical CPI values. The Canadian CPI was 9.133333333 in the year 1930 and 60.575 in 1984:
$100 in 1930 has the same "purchasing power" or "buying power" as $663.23 in 1984.
To get the total inflation rate for the 54 years between 1930 and 1984, we use the following formula:
Plugging in the values to this equation, we get:
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: “$100 in 1930 → 1984 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 19 Apr. 2024, https://www.officialdata.org/1930-CAD-in-1984?amount=100.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
Cumulative price change | 563.23% |
Average inflation rate | 3.57% |
Converted amount $100 base | $663.23 |
Price difference $100 base | $563.23 |
CPI in 1930 | 9.133 |
CPI in 1984 | 60.575 |
Inflation in 1930 | -0.99% |
Inflation in 1984 | 4.30% |
$100 in 1930 | $663.23 in 1984 |