According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.00% per year. Prices in 1996 are 1128.8% higher than prices in 1932.
In other words, CA$100 in the year 1932 is equivalent in purchasing power to CA$1,228.77 in 1996, a difference of CA$1,128.77 over 64 years.
The inflation rate in 1996 was 2.16%.
|Cumulative price change||1128.77%|
|Average inflation rate||4.00%|
|Price difference (CA$100 base)||CA$1,128.77|
|CPI in 1932||7.3|
|CPI in 1996||89.7|
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 1996 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Feb. 2018, http://www.in2013dollars.com/1932-CAD-in-1996.