Historical Year Data · 2016
Switzerland 3M Rate in 2016
Switzerland 3M Rate opened 2016 at -0.75% and closed at -0.80%, a -7.26% move for the year. The high of -0.72% was reached on June 1, and the low of -0.89% on February 1.
Open
-0.75%
2016-01
Close
-0.80%
12 data points
High
-0.72%
Jun 1
Low
-0.89%
Feb 1
Full Year Change
-7.26%
2015 Change
-77.65%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | -0.75% | -0.75% | -0.75% | -0.75% | +0.00% |
| Feb | -0.89% | -0.89% | -0.89% | -0.89% | +0.00% |
| Mar | -0.77% | -0.77% | -0.77% | -0.77% | +0.00% |
| Apr | -0.75% | -0.75% | -0.75% | -0.75% | +0.00% |
| May | -0.77% | -0.77% | -0.77% | -0.77% | +0.00% |
| Jun | -0.72% | -0.72% | -0.72% | -0.72% | +0.00% |
| Jul | -0.77% | -0.77% | -0.77% | -0.77% | +0.00% |
| Aug | -0.75% | -0.75% | -0.75% | -0.75% | +0.00% |
| Sep | -0.75% | -0.75% | -0.75% | -0.75% | +0.00% |
| Oct | -0.75% | -0.75% | -0.75% | -0.75% | +0.00% |
| Nov | -0.76% | -0.76% | -0.76% | -0.76% | +0.00% |
| Dec | -0.80% | -0.80% | -0.80% | -0.80% | +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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