According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.88% per year. Prices in 2010 are 1446.1% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$1,546.05 in 2010, a difference of CA$1,446.05 over 72 years.
The inflation rate in 2010 was 2.35%.
|Cumulative price change||1446.05%|
|Average inflation rate||3.88%|
|Price difference (CA$100 base)||CA$1,446.05|
|CPI in 1938||7.6|
|CPI in 2010||117.5|
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 2010 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 25 Feb. 2018, http://www.in2013dollars.com/1938-CAD-in-2010.