According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.19% per year. Prices in 1987 are 853.4% higher than prices in 1932.
In other words, CA$100 in the year 1932 is equivalent in purchasing power to CA$953.42 in 1987, a difference of CA$853.42 over 55 years.
The inflation rate in 1987 was 4.19%.
|Cumulative price change||853.42%|
|Average inflation rate||4.19%|
|Price difference (CA$100 base)||CA$853.42|
|CPI in 1932||7.3|
|CPI in 1987||69.6|
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: “1932 dollars in 1987 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 19 Feb. 2018, http://www.in2013dollars.com/1932-CAD-in-1987.