According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.73% per year. Prices in 2012 are 1453.8% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$1,553.85 in 2012, a difference of CA$1,453.85 over 75 years.
The inflation rate in 2012 was 0.83%.
|Cumulative price change||1453.85%|
|Average inflation rate||3.73%|
|Price difference (CA$100 base)||CA$1,453.85|
|CPI in 1937||7.8|
|CPI in 2012||121.2|
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: “1937 dollars in 2012 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 May. 2018, https://www.officialdata.org/1937-CAD-in-2012.