$1 in 1980 is worth $1.12 in 1981

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Value of $1 from 1980 to 1981

$1 in 1980 is equivalent in purchasing power to about $1.12 in 1981. The dollar had an average inflation rate of 12.47% per year between 1980 and 1981, producing a cumulative price increase of 12.47%.

This means that prices in 1981 are 1.12 times as high as average prices in 1980, according to Statistics Canada consumer price index.

The inflation rate in 1980 was 10.13%. The inflation rate in 1981 was 12.47%. The 1981 inflation rate is higher compared to the average inflation rate of 2.72% per year between 1981 and 2026.

⌃
Inflation from 1980 to 1981
Average inflation rate 12.47%
Converted amount
$1 base		 $1.12
Price difference
$1 base		 $0.12
CPI in 1980 44.033
CPI in 1981 49.525
Inflation in 1980 10.13%
Inflation in 1981 12.47%
$1 in 1980 $1.12 in 1981
Recent CAD inflation
Annual Rate, Statistics Canada CPI
Download

How to calculate inflation rate for $1, 1980 to 1981

Our calculations use the following inflation rate formula to calculate the change in value between 1980 and 1981:

CPI in 1981CPI in 1980
×
1980 CAD value
=
1981 CAD value

Then plug in historical CPI values. The Canadian CPI was 44.03333333 in the year 1980 and 49.525 in 1981:

49.52544.03333333
×
$1
=
$1.12

$1 in 1980 has the same "purchasing power" or "buying power" as $1.12 in 1981.

To get the total inflation rate for the 1 years between 1980 and 1981, we use the following formula:

CPI in 1981 - CPI in 1980CPI in 1980
×
100
=
Cumulative inflation rate (1 years)

Plugging in the values to this equation, we get:

49.525 - 44.0333333344.03333333
×
100
=
12%

Frequently asked questions

How much is $1 from 1980 worth in 1981?

$1 in 1980 has about the same buying power as $1.12 in 1981, based on the consumer price index published by Statistics Canada. Prices in 1981 are 1.12 times as high as they were in 1980.

What was the inflation rate in 1980?

The Canadian inflation rate in 1980 was 10.13%, measured as the change in the consumer price index from 1979 to 1980. See inflation in 1980 for more detail.

What has the average inflation rate been from 1980 to 1981?

Prices rose by an average of 12.47% per year between 1980 and 1981, a cumulative increase of 12.47%.

How is this calculated?

Divide the CPI in 1981 (49.525) by the CPI in 1980 (44.033), then multiply by the original amount: 49.525 ÷ 44.033 × $1 = $1.12. See the step-by-step formula above.

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 1980 → $1.12 in 1981 | Canada Inflation Calculator.” Official Inflation Data, Alioth Finance, 9 Oct. 2026, https://www.officialdata.org/canada/inflation/1980?amount=1&endYear=1981.

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 1980 to 1981
Average inflation rate 12.47%
Converted amount
$1 base		 $1.12
Price difference
$1 base		 $0.12
CPI in 1980 44.033
CPI in 1981 49.525
Inflation in 1980 10.13%
Inflation in 1981 12.47%
$1 in 1980 $1.12 in 1981