Historical Year Data · 2014

CNY/USD in 2014

CNY/USD opened 2014 at 6.05 and closed at 6.2, a +2.55% move for the year. The high of 6.26 was reached on April 30, and the low of 6.04 on January 14.

Open

6.05

2014-01

6.2

250 data points

High

6.26

Apr 30

Low

6.04

Jan 14

Full Year Change

+2.55%

2013 Change

-2.83%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	6.05	6.06	6.06	6.04	+0.14%
Feb	6.06	6.14	6.14	6.06	+1.40%
Mar	6.15	6.22	6.23	6.12	+1.15%
Apr	6.21	6.26	6.26	6.2	+0.85%
May	6.26	6.25	6.26	6.23	-0.19%
Jun	6.25	6.2	6.25	6.2	-0.70%
Jul	6.2	6.17	6.21	6.17	-0.42%
Aug	6.18	6.14	6.18	6.14	-0.59%
Sep	6.15	6.14	6.15	6.13	-0.16%
Oct	6.14	6.11	6.14	6.11	-0.42%
Nov	6.12	6.14	6.14	6.11	+0.41%
Dec	6.15	6.2	6.23	6.15	+0.86%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.