According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.93% per year. Prices in 1993 are 989.9% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$1,089.87 in 1993, a difference of CA$989.87 over 62 years.
The inflation rate in 1993 was 1.65%.
|Cumulative price change||989.87%|
|Average inflation rate||3.93%|
|Price difference (CA$100 base)||CA$989.87|
|CPI in 1931||7.9|
|CPI in 1993||86.1|
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 1993 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-1993.