According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.40% per year. Prices in 1983 are 550.5% higher than prices in 1927.
In other words, CA$100 in the year 1927 is equivalent in purchasing power to CA$650.55 in 1983, a difference of CA$550.55 over 56 years.
The inflation rate in 1983 was 4.59%.
|Cumulative price change||550.55%|
|Average inflation rate||3.40%|
|Price difference (CA$100 base)||CA$550.55|
|CPI in 1927||9.1|
|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: “1927 dollars in 1983 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1927-CAD-in-1983.