According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.90% per year. Prices in 1998 are 1150.7% higher than prices in 1932.
In other words, CA$100 in the year 1932 is equivalent in purchasing power to CA$1,250.68 in 1998, a difference of CA$1,150.68 over 66 years.
The inflation rate in 1998 was 1.00%.
|Cumulative price change||1150.68%|
|Average inflation rate||3.90%|
|Price difference (CA$100 base)||CA$1,150.68|
|CPI in 1932||7.3|
|CPI in 1998||91.3|
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 1998 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Feb. 2018, http://www.in2013dollars.com/1932-CAD-in-1998.