According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.69% per year. Prices in 1993 are 878.4% higher than prices in 1930.
In other words, CA$100 in the year 1930 is equivalent in purchasing power to CA$978.41 in 1993, a difference of CA$878.41 over 63 years.
The inflation rate in 1993 was 1.65%.
|Cumulative price change||878.41%|
|Average inflation rate||3.69%|
|Price difference (CA$100 base)||CA$878.41|
|CPI in 1930||8.8|
|CPI in 1993||86.1|
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 1993 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1930-CAD-in-1993.