According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.95% per year. Prices in 1983 are 649.4% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$749.37 in 1983, a difference of CA$649.37 over 52 years.
The inflation rate in 1983 was 4.59%.
|Cumulative price change||649.37%|
|Average inflation rate||3.95%|
|Price difference (CA$100 base)||CA$649.37|
|CPI in 1931||7.9|
|CPI in 1983||59.2|
Politics and news often influence economic performance. Here's what was happening at the time:
You may use the following MLA citation for this page: “1931 dollars in 1983 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1931-CAD-in-1983.