According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.85% per year. Prices in 2011 are 1481.6% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$1,581.58 in 2011, a difference of CA$1,481.58 over 73 years.
The inflation rate in 2011 was 2.30%.
|Cumulative price change||1481.58%|
|Average inflation rate||3.85%|
|Price difference (CA$100 base)||CA$1,481.58|
|CPI in 1938||7.6|
|CPI in 2011||120.2|
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 2011 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 May. 2018, https://www.officialdata.org/1938-CAD-in-2011.