Historical Year Data · 2014

Australia 3M Interbank in 2014

Australia 3M Interbank opened 2014 at 2.62% and closed at 2.75%, a +4.96% move for the year. The high of 2.75% was reached on November 1, and the low of 2.62% on January 1.

Open

2.62%

2014-01

2.75%

12 data points

High

2.75%

Nov 1

Low

2.62%

Jan 1

Full Year Change

+4.96%

2013 Change

-13.33%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.62%	2.62%	2.62%	2.62%	+0.00%
Feb	2.63%	2.63%	2.63%	2.63%	+0.00%
Mar	2.65%	2.65%	2.65%	2.65%	+0.00%
Apr	2.68%	2.68%	2.68%	2.68%	+0.00%
May	2.69%	2.69%	2.69%	2.69%	+0.00%
Jun	2.70%	2.70%	2.70%	2.70%	+0.00%
Jul	2.65%	2.65%	2.65%	2.65%	+0.00%
Aug	2.63%	2.63%	2.63%	2.63%	+0.00%
Sep	2.66%	2.66%	2.66%	2.66%	+0.00%
Oct	2.72%	2.72%	2.72%	2.72%	+0.00%
Nov	2.75%	2.75%	2.75%	2.75%	+0.00%
Dec	2.75%	2.75%	2.75%	2.75%	+0.00%

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.

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