According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.23% per year. Prices in 1984 are 574.7% higher than prices in 1924.
In other words, CA$100 in the year 1924 is equivalent in purchasing power to CA$674.73 in 1984, a difference of CA$574.73 over 60 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||574.73%|
|Average inflation rate||3.23%|
|Price difference (CA$100 base)||CA$574.73|
|CPI in 1924||9.1|
|CPI in 1984||61.4|
You may use the following MLA citation for this page: “1924 dollars in 1984 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1924-CAD-in-1984.