# CA\$100 in 1941 → CA\$705.75 in 1984

CA\$

### Canadian Inflation Rate, 1941-1984 (CA\$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.65% per year. Prices in 1984 are 605.7% higher than prices in 1941.

In other words, CA\$100 in the year 1941 is equivalent in purchasing power to CA\$705.75 in 1984, a difference of CA\$605.75 over 43 years.

The inflation rate in 1984 was 3.72%.

 Cumulative price change 605.75% Average inflation rate 4.65% Price difference (CA\$100 base) CA\$605.75 CPI in 1941 8.7 CPI in 1984 61.4

### How to calculate the inflation rate for CA\$100, 1941 to 1984

This inflation calculator uses the following inflation rate formula:

CPI in 1984 / CPI in 1941 * 1941 CAD value = 1984 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.7 in the year 1941 and 61.4 in 1984:

61.4 / 8.7 * CA\$100 = CA\$705.75

CA\$100 in 1941 has the same "purchasing power" as CA\$705.75 in 1984.

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

• 6,000 Jews are exterminated in the Bucharest pogrom in Romania.
• Kuomintang troops open fire at communist forces, leading to the resumption of the Chinese civil war.
• The British battle cruiser the HMS Hood is sunk by the German Battleship Bismarck, leading to 1,416 dead and only 3 survivors.
• Germany, Italy, and Romania declare war on the Soviet Union.

### 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: “1941 dollars in 1984 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 25 May. 2018, https://www.officialdata.org/1941-CAD-in-1984.