According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.20% per year. Prices in 1999 are 1132.9% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$1,232.89 in 1999, a difference of CA$1,132.89 over 61 years.
The inflation rate in 1999 was 2.63%.
|Cumulative price change||1132.89%|
|Average inflation rate||4.20%|
|Price difference (CA$100 base)||CA$1,132.89|
|CPI in 1938||7.6|
|CPI in 1999||93.7|
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 1999 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 May. 2018, https://www.officialdata.org/1938-CAD-in-1999.