According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.78% per year. Prices in 2013 are 1514.5% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$1,614.47 in 2013, a difference of CA$1,514.47 over 75 years.
The inflation rate in 2013 was 1.24%.
|Cumulative price change||1514.47%|
|Average inflation rate||3.78%|
|Price difference (CA$100 base)||CA$1,514.47|
|CPI in 1938||7.6|
|CPI in 2013||122.7|
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 2013 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 18 Feb. 2018, http://www.in2013dollars.com/1938-CAD-in-2013.