Historical Year Data · 2016
Australia 3M Interbank in 2016
Australia 3M Interbank opened 2016 at 2.30% and closed at 1.78%, a -22.61% move for the year. The high of 2.31% was reached on March 1, and the low of 1.73% on September 1.
Open
2.30%
2016-01
Close
1.78%
12 data points
High
2.31%
Mar 1
Low
1.73%
Sep 1
Full Year Change
-22.61%
2015 Change
-13.33%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 2.30% | 2.30% | 2.30% | 2.30% | +0.00% |
| Feb | 2.28% | 2.28% | 2.28% | 2.28% | +0.00% |
| Mar | 2.31% | 2.31% | 2.31% | 2.31% | +0.00% |
| Apr | 2.26% | 2.26% | 2.26% | 2.26% | +0.00% |
| May | 2.00% | 2.00% | 2.00% | 2.00% | +0.00% |
| Jun | 1.99% | 1.99% | 1.99% | 1.99% | +0.00% |
| Jul | 1.93% | 1.93% | 1.93% | 1.93% | +0.00% |
| Aug | 1.76% | 1.76% | 1.76% | 1.76% | +0.00% |
| Sep | 1.73% | 1.73% | 1.73% | 1.73% | +0.00% |
| Oct | 1.74% | 1.74% | 1.74% | 1.74% | +0.00% |
| Nov | 1.76% | 1.76% | 1.76% | 1.76% | +0.00% |
| Dec | 1.78% | 1.78% | 1.78% | 1.78% | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
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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