According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.45% per year. Prices in 1984 are 567.4% higher than prices in 1928.
In other words, CA$100 in the year 1928 is equivalent in purchasing power to CA$667.39 in 1984, a difference of CA$567.39 over 56 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||567.39%|
|Average inflation rate||3.45%|
|Price difference (CA$100 base)||CA$567.39|
|CPI in 1928||9.2|
|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: “1928 dollars in 1984 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1928-CAD-in-1984.