According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.22% per year. Prices in 1980 are 492.3% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$592.31 in 1980, a difference of CA$492.31 over 43 years.
The inflation rate in 1980 was 11.06%.
|Cumulative price change||492.31%|
|Average inflation rate||4.22%|
|Price difference (CA$100 base)||CA$492.31|
|CPI in 1937||7.8|
|CPI in 1980||46.2|
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: “1937 dollars in 1980 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 23 Feb. 2018, http://www.in2013dollars.com/1937-CAD-in-1980.