According to Statistics Canada consumer price index, the dollar experienced an average inflation rate of 4.47% per year. Prices in 1994 are 1006.4% higher than prices in 1939.
In other words, CA$100 in the year 1939 is equivalent in purchasing power to CA$1,106.41 in 1994, a difference of CA$1,006.41 over 55 years.
The inflation rate in 1994 was 0.23%.
|Cumulative price change||1006.41%|
|Average inflation rate||4.47%|
|Price difference (CA$100 base)||CA$1,006.41|
|CPI in 1939||7.8|
|CPI in 1994||86.3|
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: “1939 dollars in 1994 | Canada Inflation Calculator.” FinanceRef Inflation Calculator, Alioth Finance, 15 Feb. 2018, http://www.in2013dollars.com/1939-CAD-in-1994.