According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.39% per year. Prices in 1980 are 507.9% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$607.89 in 1980, a difference of CA$507.89 over 42 years.
The inflation rate in 1980 was 11.06%.
|Cumulative price change||507.89%|
|Average inflation rate||4.39%|
|Price difference (CA$100 base)||CA$507.89|
|CPI in 1938||7.6|
|CPI in 1980||46.2|
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: “1938 dollars in 1980 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 May. 2018, https://www.officialdata.org/1938-CAD-in-1980.