According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.94% per year. Prices in 1984 are 677.2% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$777.22 in 1984, a difference of CA$677.22 over 53 years.
The inflation rate in 1984 was 3.72%.
|Cumulative price change||677.22%|
|Average inflation rate||3.94%|
|Price difference (CA$100 base)||CA$677.22|
|CPI in 1931||7.9|
|CPI in 1984||61.4|
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: “1931 dollars in 1984 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-1984.