$1 in 1930 is worth $0.84 in 1937

Value of $1 from 1930 to 1937

$1 in 1930 is equivalent in purchasing power to about $0.84 in 1937, a difference of $-0.16 over 7 years. The dollar had an average deflation rate of -2.47% per year since 1930, producing a cumulative price change of -16.06%.

This means that prices in 1937 are 16.06% lower than average prices since 1930, according to Statistics Canada consumer price index.

The inflation rate in 1930 was -0.99%. The inflation rate in 1937 was 3.60%. The 1937 inflation rate is higher compared to the average inflation rate of 3.55% per year between 1937 and 2024.


Inflation from 1930 to 1937
Cumulative price change-16.06%
Average inflation rate-2.47%
Converted amount
$1 base
$0.84
Price difference
$1 base
$-0.16
CPI in 19309.133
CPI in 19377.667
Inflation in 1930-0.99%
Inflation in 19373.60%
$1 in 1930$0.84 in 1937

CAD inflation since 1930
Annual Rate, Statistics Canada CPI
Download

Buying power of $1 in 1930

This chart shows a calculation of buying power equivalence for $1 in 1930 (price index tracking began in 1914).

For example, if you started with $1, you would need to end with $0.84 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

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

Dollar inflation: 1930-1937
YearDollar ValueInflation Rate
1930$1.00-0.99%
1931$0.90-9.85%
1932$0.82-9.41%
1933$0.78-4.36%
1934$0.791.17%
1935$0.790.46%
1936$0.812.07%
1937$0.843.60%
1938$0.840.54%
1939$0.84-0.76%
1940$0.874.25%
1941$0.935.96%
1942$0.974.64%
1943$0.992.17%
1944$1.000.65%
1945$1.000.64%
1946$1.033.10%
1947$1.139.01%
1948$1.2914.26%
1949$1.333.48%
1950$1.372.67%
1951$1.5110.55%
1952$1.552.60%
1953$1.53-1.00%
1954$1.540.65%
1955$1.550.18%
1956$1.571.36%
1957$1.623.32%
1958$1.662.36%
1959$1.681.21%
1960$1.701.36%
1961$1.721.02%
1962$1.741.06%
1963$1.771.63%
1964$1.801.91%
1965$1.842.33%
1966$1.913.82%
1967$1.983.58%
1968$2.064.06%
1969$2.154.56%
1970$2.233.35%
1971$2.292.70%
1972$2.404.99%
1973$2.587.49%
1974$2.8611.00%
1975$3.1710.67%
1976$3.417.54%
1977$3.687.98%
1978$4.018.97%
1979$4.389.14%
1980$4.8210.13%
1981$5.4212.47%
1982$6.0110.77%
1983$6.365.86%
1984$6.634.30%
1985$6.903.96%
1986$7.184.19%
1987$7.504.36%
1988$7.804.03%
1989$8.194.98%
1990$8.584.78%
1991$9.065.63%
1992$9.201.49%
1993$9.371.87%
1994$9.380.17%
1995$9.592.15%
1996$9.741.57%
1997$9.891.62%
1998$9.991.00%
1999$10.171.73%
2000$10.442.72%
2001$10.712.53%
2002$10.952.26%
2003$11.252.76%
2004$11.461.86%
2005$11.712.21%
2006$11.952.00%
2007$12.202.14%
2008$12.492.37%
2009$12.530.30%
2010$12.751.78%
2011$13.122.91%
2012$13.321.52%
2013$13.450.94%
2014$13.701.91%
2015$13.861.13%
2016$14.061.43%
2017$14.281.60%
2018$14.602.27%
2019$14.891.95%
2020$15.000.72%
2021$15.503.40%
2022$16.566.80%
2023$17.193.81%
2024$17.391.15%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.

This conversion table shows various other 1930 amounts in 1937 dollars, based on the -16.06% change in prices:

Conversion: 1930 dollars in 1937
Initial valueEquivalent value
$1 dollar in 1930$0.84 dollars in 1937
$5 dollars in 1930$4.20 dollars in 1937
$10 dollars in 1930$8.39 dollars in 1937
$50 dollars in 1930$41.97 dollars in 1937
$100 dollars in 1930$83.94 dollars in 1937
$500 dollars in 1930$419.71 dollars in 1937
$1,000 dollars in 1930$839.42 dollars in 1937
$5,000 dollars in 1930$4,197.08 dollars in 1937
$10,000 dollars in 1930$8,394.16 dollars in 1937
$50,000 dollars in 1930$41,970.80 dollars in 1937
$100,000 dollars in 1930$83,941.61 dollars in 1937
$500,000 dollars in 1930$419,708.03 dollars in 1937
$1,000,000 dollars in 1930$839,416.06 dollars in 1937

How to calculate inflation rate for $1, 1930 to 1937

Our calculations use the following inflation rate formula to calculate the change in value between 1930 and 1937:

CPI in 1937 CPI in 1930
×
1930 CAD value
=
1937 CAD value

Then plug in historical CPI values. The Canadian CPI was 9.133333333 in the year 1930 and 7.666666667 in 1937:

7.6666666679.133333333
×
$1
=
$0.84

$1 in 1930 has the same "purchasing power" or "buying power" as $0.84 in 1937.

To get the total inflation rate for the 7 years between 1930 and 1937, we use the following formula:

CPI in 1937 - CPI in 1930CPI in 1930
×
100
=
Cumulative inflation rate (7 years)

Plugging in the values to this equation, we get:

7.666666667 - 9.1333333339.133333333
×
100
=
-16%

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: “$1 in 1930 → 1937 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 29 Mar. 2024, https://www.officialdata.org/canada/inflation/1930?amount=1&endYear=1937.

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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Inflation from 1930 to 1937
Cumulative price change-16.06%
Average inflation rate-2.47%
Converted amount
$1 base
$0.84
Price difference
$1 base
$-0.16
CPI in 19309.133
CPI in 19377.667
Inflation in 1930-0.99%
Inflation in 19373.60%
$1 in 1930$0.84 in 1937