According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.13% per year. Prices in 1982 are 515.2% higher than prices in 1923.
In other words, CA$100 in the year 1923 is equivalent in purchasing power to CA$615.22 in 1982, a difference of CA$515.22 over 59 years.
The inflation rate in 1982 was 9.27%.
|Cumulative price change||515.22%|
|Average inflation rate||3.13%|
|Price difference (CA$100 base)||CA$515.22|
|CPI in 1923||9.2|
|CPI in 1982||56.6|
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: “1923 dollars in 1982 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1923-CAD-in-1982.