According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.51% per year. Prices in 1993 are 1032.9% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$1,132.89 in 1993, a difference of CA$1,032.89 over 55 years.
The inflation rate in 1993 was 1.65%.
|Cumulative price change||1032.89%|
|Average inflation rate||4.51%|
|Price difference (CA$100 base)||CA$1,032.89|
|CPI in 1938||7.6|
|CPI in 1993||86.1|
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 1993 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 16 Feb. 2018, http://www.in2013dollars.com/1938-CAD-in-1993.