Historical Year Data · 2016
CNY/USD in 2016
CNY/USD opened 2016 at 6.53 and closed at 6.94, a +6.26% move for the year. The high of 6.96 was reached on December 16, and the low of 6.45 on March 31.
Open
6.53
2016-01
Close
6.94
251 data points
High
6.96
Dec 16
Low
6.45
Mar 31
Full Year Change
+6.26%
2015 Change
+4.40%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 6.53 | 6.58 | 6.59 | 6.52 | +0.63% |
| Feb | 6.58 | 6.55 | 6.58 | 6.52 | -0.38% |
| Mar | 6.55 | 6.45 | 6.55 | 6.45 | -1.56% |
| Apr | 6.48 | 6.47 | 6.5 | 6.46 | -0.06% |
| May | 6.47 | 6.58 | 6.58 | 6.47 | +1.64% |
| Jun | 6.57 | 6.65 | 6.65 | 6.56 | +1.08% |
| Jul | 6.65 | 6.64 | 6.7 | 6.64 | -0.26% |
| Aug | 6.64 | 6.68 | 6.68 | 6.62 | +0.53% |
| Sep | 6.67 | 6.67 | 6.68 | 6.66 | -0.04% |
| Oct | 6.67 | 6.77 | 6.78 | 6.67 | +1.57% |
| Nov | 6.76 | 6.88 | 6.92 | 6.75 | +1.78% |
| Dec | 6.88 | 6.94 | 6.96 | 6.88 | +0.87% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
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.
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