According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.55% per year. Prices in 2007 are 1317.7% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$1,417.72 in 2007, a difference of CA$1,317.72 over 76 years.
The inflation rate in 2007 was 2.38%.
|Cumulative price change||1317.72%|
|Average inflation rate||3.55%|
|Price difference (CA$100 base)||CA$1,317.72|
|CPI in 1931||7.9|
|CPI in 2007||112|
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 2007 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-2007.