According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.69% per year. Prices in 1987 are 690.9% higher than prices in 1930.
In other words, CA$100 in the year 1930 is equivalent in purchasing power to CA$790.91 in 1987, a difference of CA$690.91 over 57 years.
The inflation rate in 1987 was 4.19%.
|Cumulative price change||690.91%|
|Average inflation rate||3.69%|
|Price difference (CA$100 base)||CA$690.91|
|CPI in 1930||8.8|
|CPI in 1987||69.6|
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: “1930 dollars in 1987 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 22 Feb. 2018, http://www.in2013dollars.com/1930-CAD-in-1987.