According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.00% per year. Prices in 1991 are 949.4% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$1,049.37 in 1991, a difference of CA$949.37 over 60 years.
The inflation rate in 1991 was 3.75%.
|Cumulative price change||949.37%|
|Average inflation rate||4.00%|
|Price difference (CA$100 base)||CA$949.37|
|CPI in 1931||7.9|
|CPI in 1991||82.9|
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 1991 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-1991.