According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.72% per year. Prices in 1989 are 764.8% higher than prices in 1930.
In other words, CA$100 in the year 1930 is equivalent in purchasing power to CA$864.77 in 1989, a difference of CA$764.77 over 59 years.
The inflation rate in 1989 was 5.26%.
|Cumulative price change||764.77%|
|Average inflation rate||3.72%|
|Price difference (CA$100 base)||CA$764.77|
|CPI in 1930||8.8|
|CPI in 1989||76.1|
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 1989 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1930-CAD-in-1989.