Historical Year Data · 2002

Australia OECD CLI in 2002

Australia OECD CLI opened 2002 at 100.92 and closed at 100.05, a -0.87% move for the year. The high of 100.95 was reached on February 1, and the low of 100.03 on October 1.

Open

100.92

2002-01

100.05

12 data points

High

100.95

Feb 1

Low

100.03

Oct 1

Full Year Change

-0.87%

2001 Change

+1.91%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	100.92	100.92	100.92	100.92	+0.00%
Feb	100.95	100.95	100.95	100.95	+0.00%
Mar	100.93	100.93	100.93	100.93	+0.00%
Apr	100.84	100.84	100.84	100.84	+0.00%
May	100.69	100.69	100.69	100.69	+0.00%
Jun	100.49	100.49	100.49	100.49	+0.00%
Jul	100.29	100.29	100.29	100.29	+0.00%
Aug	100.13	100.13	100.13	100.13	+0.00%
Sep	100.05	100.05	100.05	100.05	+0.00%
Oct	100.03	100.03	100.03	100.03	+0.00%
Nov	100.04	100.04	100.04	100.04	+0.00%
Dec	100.05	100.05	100.05	100.05	+0.00%

Events During 2002

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.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.

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