Historical Year Data · 1999
Sugar Price (Global) in 1999
Sugar Price (Global) opened 1999 at 8.11 and closed at 5.98, a -26.23% move for the year. The high of 8.11 was reached on January 1, and the low of 5.38 on July 1.
Open
8.11
1999-01
Close
5.98
12 data points
High
8.11
Jan 1
Low
5.38
Jul 1
Full Year Change
-26.23%
1998 Change
-29.88%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 8.11 | 8.11 | 8.11 | 8.11 | +0.00% |
| Feb | 6.82 | 6.82 | 6.82 | 6.82 | +0.00% |
| Mar | 6.03 | 6.03 | 6.03 | 6.03 | +0.00% |
| Apr | 5.42 | 5.42 | 5.42 | 5.42 | +0.00% |
| May | 5.75 | 5.75 | 5.75 | 5.75 | +0.00% |
| Jun | 6.04 | 6.04 | 6.04 | 6.04 | +0.00% |
| Jul | 5.38 | 5.38 | 5.38 | 5.38 | +0.00% |
| Aug | 5.72 | 5.72 | 5.72 | 5.72 | +0.00% |
| Sep | 6.67 | 6.67 | 6.67 | 6.67 | +0.00% |
| Oct | 6.75 | 6.75 | 6.75 | 6.75 | +0.00% |
| Nov | 6.51 | 6.51 | 6.51 | 6.51 | +0.00% |
| Dec | 5.98 | 5.98 | 5.98 | 5.98 | +0.00% |
Events During 1999
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.
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