Historical Year Data · 2006

India Real Effective Exchange Rate in 2006

India Real Effective Exchange Rate opened 2006 at 93.42 and closed at 92.53, a -0.95% move for the year. The high of 93.91 was reached on October 1, and the low of 90.20 on August 1.

Open

93.42

2006-01

92.53

12 data points

High

93.91

Oct 1

Low

90.20

Aug 1

Full Year Change

-0.95%

2005 Change

+0.66%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	93.42	93.42	93.42	93.42	+0.00%
Feb	93.78	93.78	93.78	93.78	+0.00%
Mar	93.19	93.19	93.19	93.19	+0.00%
Apr	92.49	92.49	92.49	92.49	+0.00%
May	90.27	90.27	90.27	90.27	+0.00%
Jun	90.95	90.95	90.95	90.95	+0.00%
Jul	90.53	90.53	90.53	90.53	+0.00%
Aug	90.20	90.20	90.20	90.20	+0.00%
Sep	91.84	91.84	91.84	91.84	+0.00%
Oct	93.91	93.91	93.91	93.91	+0.00%
Nov	93.89	93.89	93.89	93.89	+0.00%
Dec	92.53	92.53	92.53	92.53	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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