$100 in 1931 is worth $735.73 in 1984

Value of $100 from 1931 to 1984

$100 in 1931 is equivalent in purchasing power to about $735.73 in 1984, an increase of $635.73 over 53 years. The dollar had an average inflation rate of 3.84% per year between 1931 and 1984, producing a cumulative price increase of 635.73%.

This means that prices in 1984 are 7.36 times as high as average prices since 1931, according to Statistics Canada consumer price index.

The inflation rate in 1931 was -9.85%. The inflation rate in 1984 was 4.30%. The 1984 inflation rate is higher compared to the average inflation rate of 2.44% per year between 1984 and 2024.


Inflation from 1931 to 1984
Cumulative price change635.73%
Average inflation rate3.84%
Converted amount
$100 base
$735.73
Price difference
$100 base
$635.73
CPI in 19318.233
CPI in 198460.575
Inflation in 1931-9.85%
Inflation in 19844.30%
$100 in 1931$735.73 in 1984

CAD inflation since 1931
Annual Rate, Statistics Canada CPI
Download

Buying power of $100 in 1931

This chart shows a calculation of buying power equivalence for $100 in 1931 (price index tracking began in 1914).

For example, if you started with $100, you would need to end with $735.73 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $100 is equivalent to $735.73 over time, that means that the "real value" of a single Canadian dollar decreases over time. In other words, a dollar will pay for fewer items at the store.

This effect explains how inflation erodes the value of a dollar over time. By calculating the value in 1931 dollars, the chart below shows how $100 is worth less over 53 years.

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

Dollar inflation: 1931-1984
YearDollar ValueInflation Rate
1931$100.00-9.85%
1932$90.59-9.41%
1933$86.64-4.36%
1934$87.651.17%
1935$88.060.46%
1936$89.882.07%
1937$93.123.60%
1938$93.620.54%
1939$92.91-0.76%
1940$96.864.25%
1941$102.635.96%
1942$107.394.64%
1943$109.722.17%
1944$110.430.65%
1945$111.130.64%
1946$114.573.10%
1947$124.909.01%
1948$142.7114.26%
1949$147.673.48%
1950$151.622.67%
1951$167.6110.55%
1952$171.962.60%
1953$170.24-1.00%
1954$171.360.65%
1955$171.660.18%
1956$173.991.36%
1957$179.763.32%
1958$184.012.36%
1959$186.231.21%
1960$188.771.36%
1961$190.691.02%
1962$192.711.06%
1963$195.851.63%
1964$199.601.91%
1965$204.252.33%
1966$212.043.82%
1967$219.643.58%
1968$228.544.06%
1969$238.974.56%
1970$246.963.35%
1971$253.642.70%
1972$266.304.99%
1973$286.237.49%
1974$317.7111.00%
1975$351.6210.67%
1976$378.147.54%
1977$408.307.98%
1978$444.948.97%
1979$485.639.14%
1980$534.8210.13%
1981$601.5212.47%
1982$666.3010.77%
1983$705.365.86%
1984$735.734.30%
1985$764.883.96%
1986$796.964.19%
1987$831.684.36%
1988$865.184.03%
1989$908.304.98%
1990$951.724.78%
1991$1,005.265.63%
1992$1,020.241.49%
1993$1,039.271.87%
1994$1,040.990.17%
1995$1,063.362.15%
1996$1,080.061.57%
1997$1,097.571.62%
1998$1,108.501.00%
1999$1,127.731.73%
2000$1,158.402.72%
2001$1,187.652.53%
2002$1,214.472.26%
2003$1,247.982.76%
2004$1,271.151.86%
2005$1,299.292.21%
2006$1,325.302.00%
2007$1,353.642.14%
2008$1,385.732.37%
2009$1,389.880.30%
2010$1,414.571.78%
2011$1,455.772.91%
2012$1,477.831.52%
2013$1,491.700.94%
2014$1,520.141.91%
2015$1,537.251.13%
2016$1,559.211.43%
2017$1,584.111.60%
2018$1,620.042.27%
2019$1,651.621.95%
2020$1,663.460.72%
2021$1,719.943.40%
2022$1,836.946.80%
2023$1,906.883.81%
2024$1,928.741.15%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 47 more rows

This conversion table shows various other 1931 amounts in 1984 dollars, based on the 635.73% change in prices:

Conversion: 1931 dollars in 1984
Initial valueEquivalent value
$1 dollar in 1931$7.36 dollars in 1984
$5 dollars in 1931$36.79 dollars in 1984
$10 dollars in 1931$73.57 dollars in 1984
$50 dollars in 1931$367.86 dollars in 1984
$100 dollars in 1931$735.73 dollars in 1984
$500 dollars in 1931$3,678.64 dollars in 1984
$1,000 dollars in 1931$7,357.29 dollars in 1984
$5,000 dollars in 1931$36,786.44 dollars in 1984
$10,000 dollars in 1931$73,572.87 dollars in 1984
$50,000 dollars in 1931$367,864.37 dollars in 1984
$100,000 dollars in 1931$735,728.74 dollars in 1984
$500,000 dollars in 1931$3,678,643.72 dollars in 1984
$1,000,000 dollars in 1931$7,357,287.45 dollars in 1984

How to calculate inflation rate for $100, 1931 to 1984

Our calculations use the following inflation rate formula to calculate the change in value between 1931 and 1984:

CPI in 1984 CPI in 1931
×
1931 CAD value
=
1984 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.233333333 in the year 1931 and 60.575 in 1984:

60.5758.233333333
×
$100
=
$735.73

$100 in 1931 has the same "purchasing power" or "buying power" as $735.73 in 1984.

To get the total inflation rate for the 53 years between 1931 and 1984, we use the following formula:

CPI in 1984 - CPI in 1931CPI in 1931
×
100
=
Cumulative inflation rate (53 years)

Plugging in the values to this equation, we get:

60.575 - 8.2333333338.233333333
×
100
=
636%

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: “1931 dollars in 1984 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 23 Mar. 2024, https://www.officialdata.org/1931-CAD-in-1984.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

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


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

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» Read more about inflation and investment.

Inflation from 1931 to 1984
Cumulative price change635.73%
Average inflation rate3.84%
Converted amount
$100 base
$735.73
Price difference
$100 base
$635.73
CPI in 19318.233
CPI in 198460.575
Inflation in 1931-9.85%
Inflation in 19844.30%
$100 in 1931$735.73 in 1984