According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.31% per year. Prices in 1988 are 918.3% higher than prices in 1933.
In other words, CA$100 in the year 1933 is equivalent in purchasing power to CA$1,018.31 in 1988, a difference of CA$918.31 over 55 years.
The inflation rate in 1988 was 3.88%.
|Cumulative price change||918.31%|
|Average inflation rate||4.31%|
|Price difference (CA$100 base)||CA$918.31|
|CPI in 1933||7.1|
|CPI in 1988||72.3|
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: “1933 dollars in 1988 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1933-CAD-in-1988.