CA$100 in 1931 → CA$1,092.41 in 1994

Canada Inflation Calculator

CA$

Canadian Inflation Rate, 1931-1994 (CA$100)

According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.87% per year. Prices in 1994 are 992.4% higher than prices in 1931.

In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$1,092.41 in 1994, a difference of CA$992.41 over 63 years.

The inflation rate in 1994 was 0.23%.

Inflation from 1931 to 1994
Cumulative price change 992.41%
Average inflation rate 3.87%
Price difference (CA$100 base) CA$992.41
CPI in 1931 7.9
CPI in 1994 86.3


CAD inflation chart from 1914 to 2017


How to calculate the inflation rate for CA$100, 1931 to 1994

Start with the inflation rate formula:

CPI in 1994 / CPI in 1931 * 1931 CAD value = 1994 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.9 in the year 1931 and 86.3 in 1994:

86.3 / 7.9 * CA$100 = CA$1,092.41

CA$100 in 1931 has the same "purchasing power" as CA$1,092.41 in 1994.


News headlines from 1931

Politics and news often influence economic performance. Here's what was happening at the time:

  • The Empire State Building opens in New York.
  • A railway explosion is faked by the Japanese in order to create a pretext for their Manchuria invasion.
  • Proclamation of the Chinese People's Republic by Mao Zedong.

Inflation Data Source

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “1931 dollars in 1994 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 21 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-1994.


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