Historical Year Data · 2003

JPY/USD in 2003

JPY/USD opened 2003 at 119.86 and closed at 107.13, a -10.62% move for the year. The high of 121.42 was reached on March 21, and the low of 106.93 on December 29.

Open

119.86

2003-01

107.13

251 data points

High

121.42

Mar 21

Low

106.93

Dec 29

Full Year Change

-10.62%

2002 Change

-10.05%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	119.86	119.96	120.18	117.8	+0.08%
Feb	120.47	118.22	121.3	117.14	-1.87%
Mar	117.93	118.07	121.42	116.47	+0.12%
Apr	118.25	119.07	120.55	118.25	+0.69%
May	118.56	119.5	119.5	115.94	+0.79%
Jun	118.52	119.87	119.87	117.46	+1.14%
Jul	119.45	120.42	120.55	117.24	+0.81%
Aug	120	116.71	120.47	116.71	-2.74%
Sep	116.15	111.43	117.41	111.07	-4.06%
Oct	110.61	110.1	110.9	108.18	-0.46%
Nov	111.2	109.53	111.2	107.98	-1.50%
Dec	109.61	107.13	109.61	106.93	-2.26%

Events During 2003

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.