Historical Year Data · 2003

USD/NOK in 2003

USD/NOK opened 2003 at 7 and closed at 6.67, a -4.80% move for the year. The high of 7.66 was reached on August 26, and the low of 6.64 on December 9.

Open

2003-01

6.67

251 data points

High

7.66

Aug 26

Low

6.64

Dec 9

Full Year Change

-4.80%

2002 Change

-21.85%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	7	6.97	7	6.83	-0.51%
Feb	6.96	7.17	7.2	6.91	+2.99%
Mar	7.17	7.28	7.46	7.06	+1.53%
Apr	7.2	7	7.32	7	-2.90%
May	6.95	6.69	7.03	6.65	-3.72%
Jun	6.73	7.22	7.25	6.73	+7.43%
Jul	7.14	7.29	7.49	7.13	+2.06%
Aug	7.26	7.51	7.66	7.15	+3.43%
Sep	7.59	7.06	7.6	7	-7.02%
Oct	7.02	7.09	7.11	6.97	+1.01%
Nov	7.19	6.82	7.22	6.82	-5.02%
Dec	6.83	6.67	6.83	6.64	-2.38%

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.