Historical Year Data · 2016
Australia Real Effective Exchange Rate in 2016
Australia Real Effective Exchange Rate opened 2016 at 103.02 and closed at 109.72, a +6.50% move for the year. The high of 110.79 was reached on November 1, and the low of 102.94 on February 1.
Open
103.02
2016-01
Close
109.72
12 data points
High
110.79
Nov 1
Low
102.94
Feb 1
Full Year Change
+6.50%
2015 Change
-5.13%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 103.02 | 103.02 | 103.02 | 103.02 | +0.00% |
| Feb | 102.94 | 102.94 | 102.94 | 102.94 | +0.00% |
| Mar | 106.99 | 106.99 | 106.99 | 106.99 | +0.00% |
| Apr | 108.02 | 108.02 | 108.02 | 108.02 | +0.00% |
| May | 103.98 | 103.98 | 103.98 | 103.98 | +0.00% |
| Jun | 105.37 | 105.37 | 105.37 | 105.37 | +0.00% |
| Jul | 108.13 | 108.13 | 108.13 | 108.13 | +0.00% |
| Aug | 108.79 | 108.79 | 108.79 | 108.79 | +0.00% |
| Sep | 108.34 | 108.34 | 108.34 | 108.34 | +0.00% |
| Oct | 110.03 | 110.03 | 110.03 | 110.03 | +0.00% |
| Nov | 110.79 | 110.79 | 110.79 | 110.79 | +0.00% |
| Dec | 109.72 | 109.72 | 109.72 | 109.72 | +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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