$100 in 1937 is worth $758.97 in 1983

Value of $100 from 1937 to 1983

According to Statistics Canada consumer price index, prices in 1983 are 658.97% higher than average prices since 1937. The Canadian dollar experienced an average inflation rate of 4.50% per year during this period, causing the real value of a dollar to decrease.

In other words, $100 in 1937 is equivalent in purchasing power to about $758.97 in 1983, a difference of $658.97 over 46 years.

The 1937 inflation rate was 4.00%. The inflation rate in 1983 was 4.59%. The 1983 inflation rate is higher compared to the average inflation rate of 2.28% per year between 1983 and 2020.


Inflation from 1937 to 1983
Cumulative price change 658.97%
Average inflation rate 4.50%
Converted amount ($100 base) $758.97
Price difference ($100 base) $658.97
CPI in 1937 7.800
CPI in 1983 59.200
Inflation in 1937 4.00%
Inflation in 1983 4.59%

CAD Inflation since 1914
Annual Rate, Statistics Canada CPI
Download

Buying power of $100 in 1937

This chart shows a calculation of buying power equivalence for $100 in 1937 (price index tracking began in 1914).

For example, if you started with $100, you would need to end with $758.97 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $100 is equivalent to $758.97 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 1937 dollars, the chart below shows how $100 is worth less over 46 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: 1937-1983
Year Dollar Value Inflation Rate
1937 $100.00 4.00%
1938 $97.44 -2.56%
1939 $100.00 2.63%
1940 $105.13 5.13%
1941 $111.54 6.10%
1942 $115.38 3.45%
1943 $117.95 2.22%
1944 $115.38 -2.17%
1945 $117.95 2.22%
1946 $124.36 5.43%
1947 $142.31 14.43%
1948 $155.13 9.01%
1949 $156.41 0.83%
1950 $165.38 5.74%
1951 $183.33 10.85%
1952 $180.77 -1.40%
1953 $180.77 0.00%
1954 $180.77 0.00%
1955 $182.05 0.71%
1956 $187.18 2.82%
1957 $191.03 2.05%
1958 $196.15 2.68%
1959 $198.72 1.31%
1960 $201.28 1.29%
1961 $201.28 0.00%
1962 $205.13 1.91%
1963 $208.97 1.88%
1964 $212.82 1.84%
1965 $219.23 3.01%
1966 $226.92 3.51%
1967 $235.90 3.95%
1968 $246.15 4.35%
1969 $257.69 4.69%
1970 $260.26 1.00%
1971 $273.08 4.93%
1972 $287.18 5.16%
1973 $314.10 9.38%
1974 $353.85 12.65%
1975 $387.18 9.42%
1976 $408.97 5.63%
1977 $447.44 9.40%
1978 $485.90 8.60%
1979 $533.33 9.76%
1980 $592.31 11.06%
1981 $664.10 12.12%
1982 $725.64 9.27%
1983 $758.97 4.59%
1984 $787.18 3.72%
1985 $821.79 4.40%
1986 $856.41 4.21%
1987 $892.31 4.19%
1988 $926.92 3.88%
1989 $975.64 5.26%
1990 $1,024.36 4.99%
1991 $1,062.82 3.75%
1992 $1,085.90 2.17%
1993 $1,103.85 1.65%
1994 $1,106.41 0.23%
1995 $1,125.64 1.74%
1996 $1,150.00 2.16%
1997 $1,158.97 0.78%
1998 $1,170.51 1.00%
1999 $1,201.28 2.63%
2000 $1,239.74 3.20%
2001 $1,248.72 0.72%
2002 $1,296.15 3.80%
2003 $1,323.08 2.08%
2004 $1,351.28 2.13%
2005 $1,379.49 2.09%
2006 $1,402.56 1.67%
2007 $1,435.90 2.38%
2008 $1,452.56 1.16%
2009 $1,471.79 1.32%
2010 $1,506.41 2.35%
2011 $1,541.03 2.30%
2012 $1,553.85 0.83%
2013 $1,573.08 1.24%
2014 $1,596.15 1.47%
2015 $1,621.79 1.61%
2016 $1,646.15 1.50%
2017 $1,671.79 1.56%
2018 $1,676.92 0.31%
2019 $1,710.26 1.99%
2020 $1,748.72 2.25%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 40 more rows

This conversion table shows various other 1937 amounts in 1983 dollars, based on the 658.97% change in prices:

Conversion Table: Value of a dollar in 1983
Initial value Equivalent value
$1 dollar in 1937 $7.59 dollars in 1983
$5 dollars in 1937 $37.95 dollars in 1983
$10 dollars in 1937 $75.90 dollars in 1983
$50 dollars in 1937 $379.49 dollars in 1983
$100 dollars in 1937 $758.97 dollars in 1983
$500 dollars in 1937 $3,794.87 dollars in 1983
$1,000 dollars in 1937 $7,589.74 dollars in 1983
$5,000 dollars in 1937 $37,948.72 dollars in 1983
$10,000 dollars in 1937 $75,897.44 dollars in 1983
$50,000 dollars in 1937 $379,487.18 dollars in 1983
$100,000 dollars in 1937 $758,974.36 dollars in 1983
$500,000 dollars in 1937 $3,794,871.79 dollars in 1983
$1,000,000 dollars in 1937 $7,589,743.59 dollars in 1983

How to Calculate Inflation Rate for $100, 1937 to 1983

Our calculations use the following inflation rate formula to calculate the change in value between 1937 and 1983:

CPI in 1983 CPI in 1937
×
1937 CAD value
=
1983 CAD value

Then plug in historical CPI values. The Canadian CPI was 7.8 in the year 1937 and 59.2 in 1983:

59.27.8
×
$100
=
$758.97

$100 in 1937 has the same "purchasing power" or "buying power" as $758.97 in 1983.

To get the total inflation rate for the 46 years between 1937 and 1983, we use the following formula:

CPI in 1983 - CPI in 1937CPI in 1937
×
100
=
Cumulative inflation rate (46 years)

Plugging in the values to this equation, we get:

59.2 - 7.87.8
×
100
=
659%

News headlines from 1937

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

  • The Second Sino-Japanese War starts when Japanese and Chinese troops clash at the Marco Polo Bridge.
  • 193,000 Russians are executed by order of the Politburo's Operative Order 00447.
  • Adolf Hitler and his military leaders hold a secret meeting where he reveals his plan to go to war.

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: “1937 dollars in 1983 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 29 May. 2020, https://www.officialdata.org/1937-CAD-in-1983.

Special thanks to QuickChart for providing downloadable chart images.

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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Inflation from 1937 to 1983
Cumulative price change 658.97%
Average inflation rate 4.50%
Converted amount ($100 base) $758.97
Price difference ($100 base) $658.97
CPI in 1937 7.800
CPI in 1983 59.200
Inflation in 1937 4.00%
Inflation in 1983 4.59%