According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.67% per year. Prices in 1983 are 678.9% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$778.95 in 1983, a difference of CA$678.95 over 45 years.
The inflation rate in 1983 was 4.59%.
|Cumulative price change||678.95%|
|Average inflation rate||4.67%|
|Price difference (CA$100 base)||CA$678.95|
|CPI in 1938||7.6|
|CPI in 1983||59.2|
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 1983 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 May. 2018, https://www.officialdata.org/1938-CAD-in-1983.