$100 in 1930 is equivalent in purchasing power to about $1,027.27 in 1997, an increase of $927.27 over 67 years. The dollar had an average inflation rate of 3.54% per year between 1930 and 1997, producing a cumulative price increase of 927.27%.

This means that prices in 1997 are 10.27 times higher than average prices since 1930, according to Statistics Canada consumer price index.

The 1930 inflation rate was -6.38%. The inflation rate in 1997 was 0.78%. The 1997 inflation rate is lower compared to the average inflation rate of 1.76% per year between 1997 and 2021.

⌃

Cumulative price change | 927.27% |

Average inflation rate | 3.54% |

Converted amount ($100 base) | $1,027.27 |

Price difference ($100 base) | $927.27 |

CPI in 1930 | 8.800 |

CPI in 1997 | 90.400 |

Inflation in 1930 | -6.38% |

Inflation in 1997 | 0.78% |

$100 in 1930 | $1,027.27 in 1997 |

This chart shows a calculation of buying power equivalence for $100 in 1930 (price index tracking began in 1914).

For example, if you started with $100, you would need to end with $1,027.27 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When $100 is equivalent to $1,027.27 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 1930 dollars, the chart below shows how $100 is worth less over 67 years.

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

This conversion table shows various other 1930 amounts in 1997 dollars, based on the 927.27% change in prices:

Initial value | Equivalent value |
---|---|

$1 dollar in 1930 | $10.27 dollars in 1997 |

$5 dollars in 1930 | $51.36 dollars in 1997 |

$10 dollars in 1930 | $102.73 dollars in 1997 |

$50 dollars in 1930 | $513.64 dollars in 1997 |

$100 dollars in 1930 | $1,027.27 dollars in 1997 |

$500 dollars in 1930 | $5,136.36 dollars in 1997 |

$1,000 dollars in 1930 | $10,272.73 dollars in 1997 |

$5,000 dollars in 1930 | $51,363.64 dollars in 1997 |

$10,000 dollars in 1930 | $102,727.27 dollars in 1997 |

$50,000 dollars in 1930 | $513,636.36 dollars in 1997 |

$100,000 dollars in 1930 | $1,027,272.73 dollars in 1997 |

$500,000 dollars in 1930 | $5,136,363.64 dollars in 1997 |

$1,000,000 dollars in 1930 | $10,272,727.27 dollars in 1997 |

Our calculations use the following inflation rate formula to calculate the change in value between 1930 and 1997:

CPI in 1997
CPI in 1930

×

1930 CAD value

=

1997 CAD value

Then plug in historical CPI values. The Canadian CPI was 8.8 in the year 1930 and 90.4 in 1997:

90.48.8

×

$100

=

$100 in 1930 has the same "purchasing power" or "buying power" as $1,027.27 in 1997.

To get the total inflation rate for the 67 years between 1930 and 1997, we use the following formula:

CPI in 1997 - CPI in 1930CPI in 1930

×

100

=

Plugging in the values to this equation, we get:

90.4 - 8.88.8

×

100

=

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

- Mohandas Gandhi protests British salt tax by a 200-mile-long walk.
- Clyde Tombaugh discovers Pluto.
- Lawrence Hyland discovers the first radar by accident.
- Roald Amundsen's leads the first expedition to reach the South Pole.
- American explorer Hiram Bingham discovers Machu Picchu.

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: “$100 in 1930 → 1997 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 21 Sep. 2021, https://www.officialdata.org/canada/inflation/1930?amount=100&endYear=1997.

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.

Cumulative price change | 927.27% |

Average inflation rate | 3.54% |

Converted amount ($100 base) | $1,027.27 |

Price difference ($100 base) | $927.27 |

CPI in 1930 | 8.800 |

CPI in 1997 | 90.400 |

Inflation in 1930 | -6.38% |

Inflation in 1997 | 0.78% |

$100 in 1930 | $1,027.27 in 1997 |