Historical Year Data · 2003

MOVE Index in 2003

MOVE Index opened 2003 at 110.89 and closed at 117.91, a +6.33% move for the year. The high of 160.86 was reached on July 1, and the low of 82.56 on May 9.

Open

110.89

2003-01

117.91

249 data points

High

160.86

Jul 1

Low

82.56

May 9

Full Year Change

+6.33%

2002 Change

+3.06%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	110.89	110.89	130.87	107.73	+0.00%
Feb	105.36	105.36	122.13	103.1	+0.00%
Mar	112.09	112.09	130.28	100.94	+0.00%
Apr	89.27	89.27	116.79	89.27	+0.00%
May	99.81	99.81	108.54	82.56	+0.00%
Jun	103.6	103.6	113.39	101.58	+0.00%
Jul	160.86	160.86	160.86	98.87	+0.00%
Aug	126.55	126.55	147.39	124.12	+0.00%
Sep	116.69	116.69	135.6	112.4	+0.00%
Oct	118.76	118.76	127.38	111.84	+0.00%
Nov	104.91	104.91	123.88	104.85	+0.00%
Dec	117.91	117.91	120.18	107.11	+0.00%

Events During 2003

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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