Historical Year Data · 2016
Canada Real Effective Exchange Rate in 2016
Canada Real Effective Exchange Rate opened 2016 at 94.60 and closed at 101.56, a +7.36% move for the year. The high of 103.76 was reached on June 1, and the low of 94.60 on January 1.
Open
94.60
2016-01
Close
101.56
12 data points
High
103.76
Jun 1
Low
94.60
Jan 1
Full Year Change
+7.36%
2015 Change
-9.07%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 94.60 | 94.60 | 94.60 | 94.60 | +0.00% |
| Feb | 96.93 | 96.93 | 96.93 | 96.93 | +0.00% |
| Mar | 100.79 | 100.79 | 100.79 | 100.79 | +0.00% |
| Apr | 103.34 | 103.34 | 103.34 | 103.34 | +0.00% |
| May | 103.20 | 103.20 | 103.20 | 103.20 | +0.00% |
| Jun | 103.76 | 103.76 | 103.76 | 103.76 | +0.00% |
| Jul | 102.86 | 102.86 | 102.86 | 102.86 | +0.00% |
| Aug | 102.59 | 102.59 | 102.59 | 102.59 | +0.00% |
| Sep | 101.80 | 101.80 | 101.80 | 101.80 | +0.00% |
| Oct | 101.19 | 101.19 | 101.19 | 101.19 | +0.00% |
| Nov | 100.33 | 100.33 | 100.33 | 100.33 | +0.00% |
| Dec | 101.56 | 101.56 | 101.56 | 101.56 | +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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