According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 3.75% per year. Prices in 2014 are 1538.2% higher than prices in 1938.
In other words, CA$100 in the year 1938 is equivalent in purchasing power to CA$1,638.16 in 2014, a difference of CA$1,538.16 over 76 years.
The inflation rate in 2014 was 1.47%.
|Cumulative price change||1538.16%|
|Average inflation rate||3.75%|
|Price difference (CA$100 base)||CA$1,538.16|
|CPI in 1938||7.6|
|CPI in 2014||124.5|
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 2014 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 20 Feb. 2018, http://www.in2013dollars.com/1938-CAD-in-2014.