According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.40% per year. Prices in 1981 are 564.1% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$664.10 in 1981, a difference of CA$564.10 over 44 years.
The inflation rate in 1981 was 12.12%.
|Cumulative price change||564.10%|
|Average inflation rate||4.40%|
|Price difference (CA$100 base)||CA$564.10|
|CPI in 1937||7.8|
|CPI in 1981||51.8|
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 1981 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 21 Feb. 2018, http://www.in2013dollars.com/1937-CAD-in-1981.