CONVEX
Historical Year Data · 2004

Effective Fed Funds Rate in 2004

Effective Fed Funds Rate opened 2004 at 1.01% and closed at 1.97%, a +95.05% move for the year. The high of 2.34% was reached on December 23, and the low of 0.92% on January 6.

Open
1.01%
2004-01
Close
1.97%
253 data points
High
2.34%
Dec 23
Low
0.92%
Jan 6
Full Year Change
+95.05%
2003 Change
-27.69%

Monthly Breakdown

MonthOpenCloseHighLowChange
Jan1.01%1.03%1.08%0.92%+1.98%
Feb1.01%1.04%1.04%0.97%+2.97%
Mar1.04%1.05%1.05%0.98%+0.96%
Apr1.03%1.03%1.03%0.99%+0.00%
May1.03%1.02%1.05%0.96%-0.97%
Jun1.02%1.38%1.38%0.97%+35.29%
Jul1.40%1.29%1.40%1.24%-7.86%
Aug1.28%1.55%1.55%1.20%+21.09%
Sep1.53%1.94%1.94%1.40%+26.80%
Oct1.86%1.79%1.86%1.71%-3.76%
Nov1.83%2.02%2.06%1.73%+10.38%
Dec2.04%1.97%2.34%1.97%-3.43%

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