CA\$100 in 1939 → CA\$892.31 in 1987

CA\$

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.67% per year. Prices in 1987 are 792.3% higher than prices in 1939.

In other words, CA\$100 in the year 1939 is equivalent in purchasing power to CA\$892.31 in 1987, a difference of CA\$792.31 over 48 years.

The inflation rate in 1987 was 4.19%.

 Cumulative price change 792.31% Average inflation rate 4.67% Price difference (CA\$100 base) CA\$792.31 CPI in 1939 7.8 CPI in 1987 69.6

How to calculate the inflation rate for CA\$100, 1939 to 1987

This inflation calculator uses the following inflation rate formula:

CPI in 1987 / CPI in 1939 * 1939 CAD value = 1987 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.8 in the year 1939 and 69.6 in 1987:

69.6 / 7.8 * CA\$100 = CA\$892.31

CA\$100 in 1939 has the same "purchasing power" as CA\$892.31 in 1987.

Politics and news often influence economic performance. Here's what was happening at the time:

• Hitler makes a speech to the German Reichstag where he threatens Jews.
• Mahatma Gandhi begins his fast in protest against Britain’s autocratic rule in India
• The Battle of Nanchang takes place between the Kuomintang ant the Japanese, during Sino-Japanese War.
• The Spanish Civil War ends when Madrid falls to Francisco Franco.
• Britain and France declare war on Germany after it invades Poland, signaling the start of World War II.
• Mussolini’s Italy joins Hitler's war against Great Britain and France.
• Winston Churchill is named British Prime Minister, succeeding Neville Chamberlain.
• Nazi blitzkrieg conquest of France begins when the Germans cross the Muese River.
• Auschwitz concentration camp is opened in Nazi-controlled Poland,.

Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “1939 dollars in 1987 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 22 May. 2018, https://www.officialdata.org/1939-CAD-in-1987.