# CA\$100 in 1931 → CA\$1,656.96 in 2018

CA\$

### Canadian Inflation Rate, 1931-2018 (CA\$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.28% per year. Prices in 2018 are 1557.0% higher than prices in 1931.

In other words, CA\$100 in the year 1931 is equivalent in purchasing power to CA\$1,656.96 in 2018, a difference of CA\$1,556.96 over 87 years.

Compared to last year's annual rate, the inflation rate in 2018 is now 0.38%1. If this number holds, CA\$100 today would be equivalent to CA\$100.38 next year.

 Cumulative price change 1556.96% Average inflation rate 3.28% Price difference (CA\$100 base) CA\$1,556.96 CPI in 1931 7.9 CPI in 2018 130.9

### How to calculate the inflation rate for CA\$100 since 1931

This inflation calculator uses the following inflation rate formula:

CPI in 2018 / CPI in 1931 * 1931 CAD value = 2018 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.9 in the year 1931 and 130.9 in 2018:

130.9 / 7.9 * CA\$100 = CA\$1,656.96

CA\$100 in 1931 has the same "purchasing power" as CA\$1,656.96 in 2018.

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

• The Empire State Building opens in New York.
• A railway explosion is faked by the Japanese in order to create a pretext for their Manchuria invasion.
• Proclamation of the Chinese People's Republic by Mao Zedong.

### 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: “1931 dollars in 2018 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 24 May. 2018, https://www.officialdata.org/1931-CAD-in-2018.