According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.31% per year. Prices in 2017 are 1550.6% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$1,650.63 in 2017, a difference of CA$1,550.63 over 86 years.
The inflation rate in 2017 was 1.56%.
|Cumulative price change||1550.63%|
|Average inflation rate||3.31%|
|Price difference (CA$100 base)||CA$1,550.63|
|CPI in 1931||7.9|
|CPI in 2017||130.4|
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 2017 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 19 May. 2018, https://www.officialdata.org/1931-CAD-in-2017.