According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.56% per year. Prices in 1981 are 581.6% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$681.58 in 1981, a difference of CA$581.58 over 43 years.
The inflation rate in 1981 was 12.12%.
|Cumulative price change||581.58%|
|Average inflation rate||4.56%|
|Price difference (CA$100 base)||CA$581.58|
|CPI in 1938||7.6|
|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: “1938 dollars in 1981 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 15 Feb. 2018, http://www.in2013dollars.com/1938-CAD-in-1981.