According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.01% per year. Prices in 1983 are 529.8% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent in purchasing power to CA$629.79 in 1983, a difference of CA$529.79 over 62 years.
The inflation rate in 1983 was 4.59%.
|Cumulative price change||529.79%|
|Average inflation rate||3.01%|
|Price difference (CA$100 base)||CA$529.79|
|CPI in 1921||9.4|
|CPI in 1983||59.2|
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 1983 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Jan. 2018, http://www.in2013dollars.com/1921-CAD-in-1983.