According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.51% per year. Prices in 1993 are 889.7% higher than prices in 1941.
In other words, CA$100 in 1941 is equivalent in purchasing power to CA$989.66 in 1993, a difference of CA$889.66 over 52 years.
The inflation rate in 1993 was 1.65%.
|Cumulative price change||889.66%|
|Average inflation rate||4.51%|
|Converted amount (CA$100 base)||CA$989.66|
|Price difference (CA$100 base)||CA$889.66|
|CPI in 1941||8.7|
|CPI in 1993||86.1|
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: “1941 dollars in 1993 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 23 Jun. 2018, https://www.officialdata.org/1941-CAD-in-1993.