According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.33% per year. Prices in 2008 are 1187.5% higher than prices in 1930.
In other words, CA$100 in the year 1930 is equivalent in purchasing power to CA$1,287.50 in 2008, a difference of CA$1,187.50 over 78 years.
The inflation rate in 2008 was 1.16%.
|Cumulative price change||1187.50%|
|Average inflation rate||3.33%|
|Price difference (CA$100 base)||CA$1,187.50|
|CPI in 1930||8.8|
|CPI in 2008||113.3|
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 2008 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1930-CAD-in-2008.