According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.48% per year. Prices in 2010 are 1387.3% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$1,487.34 in 2010, a difference of CA$1,387.34 over 79 years.
The inflation rate in 2010 was 2.35%.
|Cumulative price change||1387.34%|
|Average inflation rate||3.48%|
|Price difference (CA$100 base)||CA$1,387.34|
|CPI in 1931||7.9|
|CPI in 2010||117.5|
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 2010 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-2010.