Historical Year Data · 2003

South Korea Real Effective Exchange Rate in 2003

South Korea Real Effective Exchange Rate opened 2003 at 104.27 and closed at 98.48, a -5.55% move for the year. The high of 104.41 was reached on September 1, and the low of 98.48 on December 1.

Open

104.27

2003-01

98.48

12 data points

High

104.41

Sep 1

Low

98.48

Dec 1

Full Year Change

-5.55%

2002 Change

+6.20%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	104.27	104.27	104.27	104.27	+0.00%
Feb	103.20	103.20	103.20	103.20	+0.00%
Mar	100.18	100.18	100.18	100.18	+0.00%
Apr	100.08	100.08	100.08	100.08	+0.00%
May	100.57	100.57	100.57	100.57	+0.00%
Jun	101.00	101.00	101.00	101.00	+0.00%
Jul	102.77	102.77	102.77	102.77	+0.00%
Aug	103.71	103.71	103.71	103.71	+0.00%
Sep	104.41	104.41	104.41	104.41	+0.00%
Oct	102.04	102.04	102.04	102.04	+0.00%
Nov	99.99	99.99	99.99	99.99	+0.00%
Dec	98.48	98.48	98.48	98.48	+0.00%

Events During 2003

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

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