According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.02% per year. Prices in 1984 are 553.2% higher than prices in 1921.
In other words, CA$100 in the year 1921 is equivalent in purchasing power to CA$653.19 in 1984, a difference of CA$553.19 over 63 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||553.19%|
|Average inflation rate||3.02%|
|Price difference (CA$100 base)||CA$553.19|
|CPI in 1921||9.4|
|CPI in 1984||61.4|
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 1984 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Jan. 2018, http://www.in2013dollars.com/1921-CAD-in-1984.