According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.67% per year. Prices in 1980 are 484.8% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$584.81 in 1980, a difference of CA$484.81 over 49 years.
The inflation rate in 1980 was 11.06%.
|Cumulative price change||484.81%|
|Average inflation rate||3.67%|
|Price difference (CA$100 base)||CA$484.81|
|CPI in 1931||7.9|
|CPI in 1980||46.2|
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: “1931 dollars in 1980 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-1980.