According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.06% per year. Prices in 1994 are 1082.2% higher than prices in 1932.
In other words, CA$100 in the year 1932 is equivalent in purchasing power to CA$1,182.19 in 1994, a difference of CA$1,082.19 over 62 years.
The inflation rate in 1994 was 0.23%.
|Cumulative price change||1082.19%|
|Average inflation rate||4.06%|
|Price difference (CA$100 base)||CA$1,082.19|
|CPI in 1932||7.3|
|CPI in 1994||86.3|
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 1994 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 14 Feb. 2018, http://www.in2013dollars.com/1932-CAD-in-1994.