Historical Year Data · 2006

Real Effective Exchange Rate in 2006

Real Effective Exchange Rate opened 2006 at 93.50 and closed at 90.24, a -3.49% move for the year. The high of 94.23 was reached on March 1, and the low of 90.24 on December 1.

Open

93.50

2006-01

90.24

12 data points

High

94.23

Mar 1

Low

90.24

Dec 1

Full Year Change

-3.49%

2005 Change

+3.05%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	93.50	93.50	93.50	93.50	+0.00%
Feb	93.65	93.65	93.65	93.65	+0.00%
Mar	94.23	94.23	94.23	94.23	+0.00%
Apr	93.95	93.95	93.95	93.95	+0.00%
May	92.28	92.28	92.28	92.28	+0.00%
Jun	93.73	93.73	93.73	93.73	+0.00%
Jul	93.70	93.70	93.70	93.70	+0.00%
Aug	93.01	93.01	93.01	93.01	+0.00%
Sep	92.63	92.63	92.63	92.63	+0.00%
Oct	92.43	92.43	92.43	92.43	+0.00%
Nov	91.31	91.31	91.31	91.31	+0.00%
Dec	90.24	90.24	90.24	90.24	+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.

Previous Year

← Real Effective Exchange Rate in 2005

Next Year

Real Effective Exchange Rate in 2007→