According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.57% per year. Prices in 2006 are 1284.8% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$1,384.81 in 2006, a difference of CA$1,284.81 over 75 years.
The inflation rate in 2006 was 1.67%.
|Cumulative price change||1284.81%|
|Average inflation rate||3.57%|
|Price difference (CA$100 base)||CA$1,284.81|
|CPI in 1931||7.9|
|CPI in 2006||109.4|
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 2006 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-2006.