According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.54% per year. Prices in 2018 are 1578.2% higher than prices in 1937.
In other words, CA$100 in the year 1937 is equivalent in purchasing power to CA$1,678.21 in 2018, a difference of CA$1,578.21 over 81 years.
The current inflation rate in 2018 is 0.38%1. If this number holds, CA$100 today will be equivalent to CA$100.38 next year.
|Cumulative price change||1578.21%|
|Average inflation rate||3.54%|
|Price difference (CA$100 base)||CA$1,578.21|
|CPI in 1937||7.8|
|CPI in 2018||130.9|
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 2018 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 17 Feb. 2018, http://www.in2013dollars.com/1937-CAD-in-2018.