Historical Year Data · 2002

CAD/USD in 2002

CAD/USD opened 2002 at $1.6 and closed at $1.58, a -1.09% move for the year. The high of $1.61 was reached on January 18, and the low of $1.51 on June 27.

Open

$1.6

2002-01

$1.58

251 data points

High

$1.61

Jan 18

Low

$1.51

Jun 27

Full Year Change

-1.09%

2001 Change

+6.43%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	$1.6	$1.59	$1.61	$1.59	-0.37%
Feb	$1.59	$1.6	$1.61	$1.59	+0.89%
Mar	$1.6	$1.6	$1.6	$1.58	+0.02%
Apr	$1.6	$1.57	$1.6	$1.56	-1.96%
May	$1.56	$1.53	$1.57	$1.53	-1.95%
Jun	$1.53	$1.52	$1.55	$1.51	-0.60%
Jul	$1.52	$1.58	$1.59	$1.51	+4.31%
Aug	$1.59	$1.56	$1.6	$1.55	-1.78%
Sep	$1.55	$1.59	$1.59	$1.55	+2.05%
Oct	$1.59	$1.56	$1.59	$1.56	-1.59%
Nov	$1.56	$1.57	$1.59	$1.55	+0.50%
Dec	$1.56	$1.58	$1.58	$1.55	+1.31%

Events During 2002

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.