CA$100 in 1934 → CA$1,255.56 in 1997

Canada Inflation Calculator

CA$

Canadian Inflation Rate, CA$100 in 1934 to 1997

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.10% per year. Prices in 1997 are 1155.6% higher than prices in 1934.

In other words, CA$100 in 1934 is equivalent in purchasing power to CA$1,255.56 in 1997, a difference of CA$1,155.56 over 63 years.

The inflation rate in 1997 was 0.78%.

Inflation from 1934 to 1997
Cumulative price change 1155.56%
Average inflation rate 4.10%
Converted amount (CA$100 base) CA$1,255.56
Price difference (CA$100 base) CA$1,155.56
CPI in 1934 7.2
CPI in 1997 90.4


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1934 to 1997

This inflation calculator uses the following inflation rate formula:

CPI in 1997 / CPI in 1934 * 1934 CAD value = 1997 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.2 in the year 1934 and 90.4 in 1997:

90.4 / 7.2 * CA$100 = CA$1,255.56

CA$100 in 1934 has the same "purchasing power" or "buying power" as CA$1,255.56 in 1997.


News headlines from 1934

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

  • American and Canadian prairies suffer during "The Great Dustbowl", a period of drought and severe dust storms.
  • John Dillinger becomes commonly known as America's first Public Enemy Number One.
  • Hitler brutally purges the leadership of the Nazi party in an event known as "Night of Long Knives".
  • The Assassination of Leningrad mayor Sergey Kirov is used as a pretext by Stalin to start the Great Purge of the Communist party.

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: “1934 dollars in 1997 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jun. 2018, https://www.officialdata.org/1934-CAD-in-1997.


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