Historical Year Data · 2016
Total Reserves in 2016
Total Reserves opened 2016 at $2B and closed at $2B, a -14.13% move for the year. The high of $3B was reached on March 1, and the low of $2B on December 1.
Open
$2B
2016-01
Close
$2B
12 data points
High
$3B
Mar 1
Low
$2B
Dec 1
Full Year Change
-14.13%
2015 Change
-9.63%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $2B | $2B | $2B | $2B | +0.00% |
| Feb | $3B | $3B | $3B | $3B | +0.00% |
| Mar | $3B | $3B | $3B | $3B | +0.00% |
| Apr | $2B | $2B | $2B | $2B | +0.00% |
| May | $2B | $2B | $2B | $2B | +0.00% |
| Jun | $2B | $2B | $2B | $2B | +0.00% |
| Jul | $2B | $2B | $2B | $2B | +0.00% |
| Aug | $2B | $2B | $2B | $2B | +0.00% |
| Sep | $2B | $2B | $2B | $2B | +0.00% |
| Oct | $2B | $2B | $2B | $2B | +0.00% |
| Nov | $2B | $2B | $2B | $2B | +0.00% |
| Dec | $2B | $2B | $2B | $2B | +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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