Historical Year Data · 2014

GBP/USD in 2014

GBP/USD opened 2014 at $1.66 and closed at $1.56, a -6.01% move for the year. The high of $1.72 was reached on July 2, and the low of $1.55 on December 30.

Open

$1.66

2014-01

$1.56

261 data points

High

$1.72

Jul 2

Low

$1.55

Dec 30

Full Year Change

-6.01%

2013 Change

+1.59%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	$1.66	$1.65	$1.66	$1.64	-0.40%
Feb	$1.64	$1.67	$1.68	$1.63	+1.55%
Mar	$1.67	$1.67	$1.67	$1.65	-0.37%
Apr	$1.66	$1.69	$1.69	$1.66	+1.46%
May	$1.69	$1.67	$1.7	$1.67	-1.01%
Jun	$1.68	$1.71	$1.71	$1.67	+2.11%
Jul	$1.71	$1.69	$1.72	$1.69	-1.50%
Aug	$1.68	$1.66	$1.69	$1.65	-1.41%
Sep	$1.66	$1.62	$1.66	$1.61	-2.42%
Oct	$1.62	$1.6	$1.62	$1.59	-1.18%
Nov	$1.6	$1.57	$1.6	$1.56	-1.56%
Dec	$1.56	$1.56	$1.57	$1.55	-0.28%

Events During 2014

2014-2016 Oil Price Collapse

Deflation

June 2014 – February 2016

Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.