Historical Year Data · 2003

Russia Real Effective Exchange Rate in 2003

Russia Real Effective Exchange Rate opened 2003 at 84.03 and closed at 88.69, a +5.55% move for the year. The high of 89.60 was reached on August 1, and the low of 84.03 on January 1.

Open

84.03

2003-01

88.69

12 data points

High

89.60

Aug 1

Low

84.03

Jan 1

Full Year Change

+5.55%

2002 Change

-4.02%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	84.03	84.03	84.03	84.03	+0.00%
Feb	84.96	84.96	84.96	84.96	+0.00%
Mar	86.16	86.16	86.16	86.16	+0.00%
Apr	87.32	87.32	87.32	87.32	+0.00%
May	85.02	85.02	85.02	85.02	+0.00%
Jun	86.61	86.61	86.61	86.61	+0.00%
Jul	88.98	88.98	88.98	88.98	+0.00%
Aug	89.60	89.60	89.60	89.60	+0.00%
Sep	88.06	88.06	88.06	88.06	+0.00%
Oct	87.70	87.70	87.70	87.70	+0.00%
Nov	89.48	89.48	89.48	89.48	+0.00%
Dec	88.69	88.69	88.69	88.69	+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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