According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.38% per year. Prices in 2014 are 1475.9% higher than prices in 1931.
In other words, CA$100 in the year 1931 is equivalent in purchasing power to CA$1,575.95 in 2014, a difference of CA$1,475.95 over 83 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1475.95%|
|Average inflation rate||3.38%|
|Price difference (CA$100 base)||CA$1,475.95|
|CPI in 1931||7.9|
|CPI in 2014||124.5|
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 2014 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 15 Feb. 2018, http://www.in2013dollars.com/1931-CAD-in-2014.