CA$1 in 1983 → CA$1.08 in 1985

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CA$1 in 1983 → CA$1.08 in 1985

Canadian Inflation Rate, CA$1 in 1983 to 1985

According to Statistics Canada consumer price index, prices in 1985 are 8.28% higher than average prices throughout 1983. The dollar experienced an average inflation rate of 4.06% per year during this period, meaning the real value of a dollar decreased.

In other words, CA$1 in 1983 is equivalent in purchasing power to about CA$1.08 in 1985, a difference of CA$0.08 over 2 years.

The 1983 inflation rate was 4.59%. The inflation rate in 1985 was 4.40%. The 1985 inflation rate is higher compared to the average inflation rate of 2.18% per year between 1985 and 2019.


Inflation from 1983 to 1985
Cumulative price change 8.28%
Average inflation rate 4.06%
Converted amount (CA$1 base) CA$1.08
Price difference (CA$1 base) CA$0.08
CPI in 1983 59.200
CPI in 1985 64.100
Inflation in 1983 4.59%
Inflation in 1985 4.40%

CAD inflation chart from 1914 to 2017


Buying power of CA$1 in 1983

This chart shows calculation of buying power equivalence, often referred to as "the value of a dollar" over time for CA$1 in 1983 (price index tracking began in 1914).

According to Statistics Canada, each of these CAD amounts below is equal in terms of what it could buy at the time:

Year Dollar Value Inflation Rate
1983 CA$1.00 4.59%
1984 CA$1.04 3.72%
1985 CA$1.08 4.40%
1986 CA$1.13 4.21%
1987 CA$1.18 4.19%
1988 CA$1.22 3.88%
1989 CA$1.29 5.26%
1990 CA$1.35 4.99%
1991 CA$1.40 3.75%
1992 CA$1.43 2.17%
1993 CA$1.45 1.65%
1994 CA$1.46 0.23%
1995 CA$1.48 1.74%
1996 CA$1.52 2.16%
1997 CA$1.53 0.78%
1998 CA$1.54 1.00%
1999 CA$1.58 2.63%
2000 CA$1.63 3.20%
2001 CA$1.65 0.72%
2002 CA$1.71 3.80%
2003 CA$1.74 2.08%
2004 CA$1.78 2.13%
2005 CA$1.82 2.09%
2006 CA$1.85 1.67%
2007 CA$1.89 2.38%
2008 CA$1.91 1.16%
2009 CA$1.94 1.32%
2010 CA$1.98 2.35%
2011 CA$2.03 2.30%
2012 CA$2.05 0.83%
2013 CA$2.07 1.24%
2014 CA$2.10 1.47%
2015 CA$2.14 1.61%
2016 CA$2.17 1.50%
2017 CA$2.20 1.56%
2018 CA$2.21 0.31%
2019 CA$2.25 1.99%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

How to Calculate Inflation Rate for CA$1, 1983 to 1985

This inflation calculator uses the following inflation rate formula:

CPI in 1985CPI in 1983
×
1983 CAD value
=
1985 CAD value

Then plug in historical CPI values. The Canadian CPI was 59.2 in the year 1983 and 64.1 in 1985:

64.159.2
×
CA$1
=
CA$1.08

CA$1 in 1983 has the same "purchasing power" or "buying power" as CA$1.08 in 1985.

To get the total inflation rate for the 2 years between 1983 and 1985, we use the following formula:

CPI in 1985 - CPI in 1983CPI in 1983
×
100
=
Cumulative inflation rate (2 years)

Plugging in the values to this equation, we get:

64.1 - 59.259.2
×
100
=
8%

News headlines from 1983

Politics and news often influence economic performance. Here's what was happening at the time:

  • 26 million pounds in gold, diamonds and cash is stolen from Brink's-Mat warehouse at Heathrow Airport in London, which is considered to be one of the world's greatest robberies.
  • Ronald Reagan ends the United States embargo against Guatemala.

Data Source & Citation

Raw data for these calculations comes from the government of Canada's annual Consumer Price Index (CPI), established in 1914 and computed by Statistics Canada (StatCan).

You may use the following MLA citation for this page: “CA$1 in 1983 → 1985 | Canada Inflation Calculator.” U.S. Official Inflation Data, Alioth Finance, 21 Aug. 2019, https://www.officialdata.org/1983-CAD-in-1985?amount=1.

Special thanks to QuickChart for providing downloadable chart images.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


» Read more about inflation and investment.

Inflation from 1983 to 1985
Cumulative price change 8.28%
Average inflation rate 4.06%
Converted amount (CA$1 base) CA$1.08
Price difference (CA$1 base) CA$0.08
CPI in 1983 59.200
CPI in 1985 64.100
Inflation in 1983 4.59%
Inflation in 1985 4.40%
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