Historical Year Data · 2006

GBP/USD in 2006

GBP/USD opened 2006 at $1.72 and closed at $1.96, a +13.96% move for the year. The high of $1.98 was reached on December 4, and the low of $1.72 on January 2.

Open

$1.72

2006-01

$1.96

260 data points

High

$1.98

Dec 4

Low

$1.72

Jan 2

Full Year Change

+13.96%

2005 Change

-9.66%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	$1.72	$1.78	$1.79	$1.72	+3.46%
Feb	$1.77	$1.75	$1.78	$1.74	-1.17%
Mar	$1.75	$1.74	$1.76	$1.73	-0.70%
Apr	$1.74	$1.83	$1.83	$1.74	+4.90%
May	$1.84	$1.87	$1.9	$1.84	+1.49%
Jun	$1.88	$1.85	$1.88	$1.82	-1.76%
Jul	$1.84	$1.88	$1.88	$1.82	+1.82%
Aug	$1.88	$1.91	$1.91	$1.88	+1.48%
Sep	$1.91	$1.87	$1.91	$1.87	-1.78%
Oct	$1.89	$1.91	$1.91	$1.85	+1.13%
Nov	$1.91	$1.97	$1.97	$1.89	+3.10%
Dec	$1.98	$1.96	$1.98	$1.95	-1.08%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.