According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.50% per year. Prices in 1998 are 937.5% higher than prices in 1930.
In other words, CA$100 in the year 1930 is equivalent in purchasing power to CA$1,037.50 in 1998, a difference of CA$937.50 over 68 years.
The inflation rate in 1998 was 1.00%.
|Cumulative price change||937.50%|
|Average inflation rate||3.50%|
|Price difference (CA$100 base)||CA$937.50|
|CPI in 1930||8.8|
|CPI in 1998||91.3|
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 1998 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1930-CAD-in-1998.