According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.61% per year. Prices in 1991 are 990.8% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$1,090.79 in 1991, a difference of CA$990.79 over 53 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||990.79%|
|Average inflation rate||4.61%|
|Price difference (CA$100 base)||CA$990.79|
|CPI in 1938||7.6|
|CPI in 1991||82.9|
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 1991 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 May. 2018, https://www.officialdata.org/1938-CAD-in-1991.