Historical Year Data · 2008

JPY/USD in 2008

JPY/USD opened 2008 at 109.7 and closed at 90.79, a -17.24% move for the year. The high of 110.48 was reached on August 15, and the low of 87.84 on December 17.

Open

109.7

2008-01

90.79

252 data points

High

110.48

Aug 15

Low

87.84

Dec 17

Full Year Change

-17.24%

2007 Change

-5.99%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	109.7	106.74	109.7	105.42	-2.70%
Feb	106.3	104.19	108.15	104.19	-1.98%
Mar	103.57	99.85	103.99	96.88	-3.59%
Apr	101.77	104.53	104.56	100.87	+2.71%
May	104.04	105.46	105.52	103.01	+1.36%
Jun	104.41	106.17	108.29	104.41	+1.69%
Jul	105.73	108.1	108.19	104.64	+2.24%
Aug	107.59	108.69	110.48	107.59	+1.02%
Sep	108.85	105.94	108.85	104.71	-2.67%
Oct	106.06	98.28	106.06	92.64	-7.34%
Nov	98.95	95.46	100.48	94.98	-3.53%
Dec	93.71	90.79	93.71	87.84	-3.12%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.