According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.83% per year. Prices in 1981 are 555.7% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$655.70 in 1981, a difference of CA$555.70 over 50 years.
The inflation rate in 1981 was 12.12%.
|Cumulative price change||555.70%|
|Average inflation rate||3.83%|
|Price difference (CA$100 base)||CA$555.70|
|CPI in 1931||7.9|
|CPI in 1981||51.8|
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 1981 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-1981.