Historical Year Data · 2016
China Real Effective Exchange Rate in 2016
China Real Effective Exchange Rate opened 2016 at 104.06 and closed at 98.81, a -5.05% move for the year. The high of 105.04 was reached on February 1, and the low of 97.24 on August 1.
Open
104.06
2016-01
Close
98.81
12 data points
High
105.04
Feb 1
Low
97.24
Aug 1
Full Year Change
-5.05%
2015 Change
+2.24%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 104.06 | 104.06 | 104.06 | 104.06 | +0.00% |
| Feb | 105.04 | 105.04 | 105.04 | 105.04 | +0.00% |
| Mar | 103.26 | 103.26 | 103.26 | 103.26 | +0.00% |
| Apr | 101.35 | 101.35 | 101.35 | 101.35 | +0.00% |
| May | 100.55 | 100.55 | 100.55 | 100.55 | +0.00% |
| Jun | 98.94 | 98.94 | 98.94 | 98.94 | +0.00% |
| Jul | 97.96 | 97.96 | 97.96 | 97.96 | +0.00% |
| Aug | 97.24 | 97.24 | 97.24 | 97.24 | +0.00% |
| Sep | 97.58 | 97.58 | 97.58 | 97.58 | +0.00% |
| Oct | 97.39 | 97.39 | 97.39 | 97.39 | +0.00% |
| Nov | 97.94 | 97.94 | 97.94 | 97.94 | +0.00% |
| Dec | 98.81 | 98.81 | 98.81 | 98.81 | +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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