According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.81% per year. Prices in 2012 are 1494.7% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$1,594.74 in 2012, a difference of CA$1,494.74 over 74 years.
The inflation rate in 2012 was 0.83%.
|Cumulative price change||1494.74%|
|Average inflation rate||3.81%|
|Price difference (CA$100 base)||CA$1,494.74|
|CPI in 1938||7.6|
|CPI in 2012||121.2|
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 2012 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Feb. 2018, http://www.in2013dollars.com/1938-CAD-in-2012.