According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 2.74% per year. Prices in 1980 are 391.5% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent in purchasing power to CA$491.49 in 1980, a difference of CA$391.49 over 59 years.
The inflation rate in 1980 was 11.06%.
|Cumulative price change||391.49%|
|Average inflation rate||2.74%|
|Price difference (CA$100 base)||CA$391.49|
|CPI in 1921||9.4|
|CPI in 1980||46.2|
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: “1921 dollars in 1980 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1921-CAD-in-1980.