$100 in 1933 is equivalent in purchasing power to about $1,266.82 in 1997, an increase of $1,166.82 over 64 years. The dollar had an average inflation rate of 4.05% per year between 1933 and 1997, producing a cumulative price increase of 1,166.82%.
This means that prices in 1997 are 12.67 times as high as average prices since 1933, according to Statistics Canada consumer price index.
The inflation rate in 1933 was -4.36%. The inflation rate in 1997 was 1.62%. The 1997 inflation rate is lower compared to the average inflation rate of 2.11% per year between 1997 and 2024.
Cumulative price change | 1,166.82% |
Average inflation rate | 4.05% |
Converted amount $100 base | $1,266.82 |
Price difference $100 base | $1,166.82 |
CPI in 1933 | 7.133 |
CPI in 1997 | 90.367 |
Inflation in 1933 | -4.36% |
Inflation in 1997 | 1.62% |
$100 in 1933 | $1,266.82 in 1997 |
This chart shows a calculation of buying power equivalence for $100 in 1933 (price index tracking began in 1914).
For example, if you started with $100, you would need to end with $1,266.82 in order to "adjust" for inflation (sometimes refered to as "beating inflation").
When $100 is equivalent to $1,266.82 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.
This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1933 dollars, the chart below shows how $100 is worth less over 64 years.
According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:
This conversion table shows various other 1933 amounts in 1997 dollars, based on the 1,166.82% change in prices:
Initial value | Equivalent value |
---|---|
$1 dollar in 1933 | $12.67 dollars in 1997 |
$5 dollars in 1933 | $63.34 dollars in 1997 |
$10 dollars in 1933 | $126.68 dollars in 1997 |
$50 dollars in 1933 | $633.41 dollars in 1997 |
$100 dollars in 1933 | $1,266.82 dollars in 1997 |
$500 dollars in 1933 | $6,334.11 dollars in 1997 |
$1,000 dollars in 1933 | $12,668.22 dollars in 1997 |
$5,000 dollars in 1933 | $63,341.12 dollars in 1997 |
$10,000 dollars in 1933 | $126,682.24 dollars in 1997 |
$50,000 dollars in 1933 | $633,411.22 dollars in 1997 |
$100,000 dollars in 1933 | $1,266,822.43 dollars in 1997 |
$500,000 dollars in 1933 | $6,334,112.15 dollars in 1997 |
$1,000,000 dollars in 1933 | $12,668,224.30 dollars in 1997 |
Our calculations use the following inflation rate formula to calculate the change in value between 1933 and 1997:
Then plug in historical CPI values. The Canadian CPI was 7.133333333 in the year 1933 and 90.36666667 in 1997:
$100 in 1933 has the same "purchasing power" or "buying power" as $1,266.82 in 1997.
To get the total inflation rate for the 64 years between 1933 and 1997, we use the following formula:
Plugging in the values to this equation, we get:
Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).
You may use the following MLA citation for this page: “1933 dollars in 1997 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 25 Apr. 2024, https://www.officialdata.org/1933-CAD-in-1997.
Special thanks to QuickChart for their chart image API, which is used for chart downloads.
in2013dollars.com is a reference website maintained by the Official Data Foundation.
Cumulative price change | 1,166.82% |
Average inflation rate | 4.05% |
Converted amount $100 base | $1,266.82 |
Price difference $100 base | $1,166.82 |
CPI in 1933 | 7.133 |
CPI in 1997 | 90.367 |
Inflation in 1933 | -4.36% |
Inflation in 1997 | 1.62% |
$100 in 1933 | $1,266.82 in 1997 |