CA$100 in 1945 → CA$643.48 in 1983

Canada Inflation Calculator

CA$

Canadian Inflation Rate, CA$100 in 1945 to 1983

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 5.02% per year. Prices in 1983 are 543.5% higher than prices in 1945.

In other words, CA$100 in 1945 is equivalent in purchasing power to CA$643.48 in 1983, a difference of CA$543.48 over 38 years.

The inflation rate in 1983 was 4.59%.

Inflation from 1945 to 1983
Cumulative price change 543.48%
Average inflation rate 5.02%
Converted amount (CA$100 base) CA$643.48
Price difference (CA$100 base) CA$543.48
CPI in 1945 9.2
CPI in 1983 59.2


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1945 to 1983

This inflation calculator uses the following inflation rate formula:

CPI in 1983 / CPI in 1945 * 1945 CAD value = 1983 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.2 in the year 1945 and 59.2 in 1983:

59.2 / 9.2 * CA$100 = CA$643.48

CA$100 in 1945 has the same "purchasing power" or "buying power" as CA$643.48 in 1983.


News headlines from 1945

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

  • The USSR captures Budapest from Germany in a battle that kills 159,000 people.
  • The US Fleet captures Iwo Jima.
  • 1,500 US Navy ships bomb Okinawa: the operation is believed to be the largest of World War II
  • Iwo Jima is occupied by America, costing 6,000 American lives and a further 18,000 Japanese lives.
  • Buchenwald, the first Nazi concentration camp, is liberated.

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: “CA$100 in 1945 → 1983 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 20 Jun. 2018, https://www.officialdata.org/1945-CAD-in-1983?amount=100.


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