According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.47% per year. Prices in 1987 are 792.3% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$892.31 in 1987, a difference of CA$792.31 over 50 years.
The inflation rate in 1987 was 4.19%.
|Cumulative price change||792.31%|
|Average inflation rate||4.47%|
|Price difference (CA$100 base)||CA$792.31|
|CPI in 1937||7.8|
|CPI in 1987||69.6|
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 1987 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1937-CAD-in-1987.