According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.50% per year. Prices in 1983 are 659.0% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$758.97 in 1983, a difference of CA$658.97 over 46 years.
The inflation rate in 1983 was 4.59%.
|Cumulative price change||658.97%|
|Average inflation rate||4.50%|
|Price difference (CA$100 base)||CA$658.97|
|CPI in 1937||7.8|
|CPI in 1983||59.2|
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 1983 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 21 Feb. 2018, http://www.in2013dollars.com/1937-CAD-in-1983.