Historical Year Data · 2016
Real Effective Exchange Rate in 2016
Real Effective Exchange Rate opened 2016 at 98.74 and closed at 101.16, a +2.45% move for the year. The high of 101.16 was reached on December 1, and the low of 94.49 on April 1.
Open
98.74
2016-01
Close
101.16
12 data points
High
101.16
Dec 1
Low
94.49
Apr 1
Full Year Change
+2.45%
2015 Change
+7.79%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 98.74 | 98.74 | 98.74 | 98.74 | +0.00% |
| Feb | 97.35 | 97.35 | 97.35 | 97.35 | +0.00% |
| Mar | 95.73 | 95.73 | 95.73 | 95.73 | +0.00% |
| Apr | 94.49 | 94.49 | 94.49 | 94.49 | +0.00% |
| May | 95.82 | 95.82 | 95.82 | 95.82 | +0.00% |
| Jun | 96.43 | 96.43 | 96.43 | 96.43 | +0.00% |
| Jul | 96.84 | 96.84 | 96.84 | 96.84 | +0.00% |
| Aug | 95.98 | 95.98 | 95.98 | 95.98 | +0.00% |
| Sep | 96.61 | 96.61 | 96.61 | 96.61 | +0.00% |
| Oct | 97.39 | 97.39 | 97.39 | 97.39 | +0.00% |
| Nov | 99.65 | 99.65 | 99.65 | 99.65 | +0.00% |
| Dec | 101.16 | 101.16 | 101.16 | 101.16 | +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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