Historical Year Data · 2008

Canada Real Effective Exchange Rate in 2008

Canada Real Effective Exchange Rate opened 2008 at 125.04 and closed at 105.86, a -15.34% move for the year. The high of 125.61 was reached on February 1, and the low of 105.86 on December 1.

Open

125.04

2008-01

105.86

12 data points

High

125.61

Feb 1

Low

105.86

Dec 1

Full Year Change

-15.34%

2007 Change

+12.54%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	125.04	125.04	125.04	125.04	+0.00%
Feb	125.61	125.61	125.61	125.61	+0.00%
Mar	124.01	124.01	124.01	124.01	+0.00%
Apr	122.26	122.26	122.26	122.26	+0.00%
May	124.90	124.90	124.90	124.90	+0.00%
Jun	122.57	122.57	122.57	122.57	+0.00%
Jul	122.39	122.39	122.39	122.39	+0.00%
Aug	118.94	118.94	118.94	118.94	+0.00%
Sep	119.73	119.73	119.73	119.73	+0.00%
Oct	109.53	109.53	109.53	109.53	+0.00%
Nov	107.93	107.93	107.93	107.93	+0.00%
Dec	105.86	105.86	105.86	105.86	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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