According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.66% per year. Prices in 2002 are 1179.7% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$1,279.75 in 2002, a difference of CA$1,179.75 over 71 years.
The inflation rate in 2002 was 3.80%.
|Cumulative price change||1179.75%|
|Average inflation rate||3.66%|
|Price difference (CA$100 base)||CA$1,179.75|
|CPI in 1931||7.9|
|CPI in 2002||101.1|
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 2002 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 27 May. 2018, https://www.officialdata.org/1931-CAD-in-2002.