CONVEX
Historical Year Data · 2003

Effective Fed Funds Rate in 2003

Effective Fed Funds Rate opened 2003 at 1.30% and closed at 0.94%, a -27.69% move for the year. The high of 1.45% was reached on June 30, and the low of 0.86% on August 5.

Open
1.30%
2003-01
Close
0.94%
248 data points
High
1.45%
Jun 30
Low
0.86%
Aug 5
Full Year Change
-27.69%
2002 Change
-39.58%

Monthly Breakdown

MonthOpenCloseHighLowChange
Jan1.30%1.33%1.33%1.12%+2.31%
Feb1.30%1.33%1.35%1.21%+2.31%
Mar1.33%1.38%1.38%1.20%+3.76%
Apr1.29%1.31%1.34%1.19%+1.55%
May1.30%1.28%1.36%1.21%-1.54%
Jun1.27%1.45%1.45%1.08%+14.17%
Jul1.11%1.04%1.13%0.93%-6.31%
Aug1.00%1.01%1.39%0.86%+1.00%
Sep1.06%1.17%1.17%0.95%+10.38%
Oct1.11%0.97%1.11%0.97%-12.61%
Nov1.02%1.01%1.04%0.98%-0.98%
Dec1.03%0.94%1.04%0.93%-8.74%

Events During 2003

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