According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.54% per year. Prices in 1997 are 927.3% higher than prices in 1930.
In other words, CA$100 in the year 1930 is equivalent in purchasing power to CA$1,027.27 in 1997, a difference of CA$927.27 over 67 years.
The inflation rate in 1997 was 0.78%.
|Cumulative price change||927.27%|
|Average inflation rate||3.54%|
|Price difference (CA$100 base)||CA$927.27|
|CPI in 1930||8.8|
|CPI in 1997||90.4|
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: “1930 dollars in 1997 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Feb. 2018, http://www.in2013dollars.com/1930-CAD-in-1997.