Historical Year Data · 2016

CAD/USD in 2016

CAD/USD opened 2016 at $1.4 and closed at $1.34, a -3.89% move for the year. The high of $1.46 was reached on January 20, and the low of $1.25 on April 28.

Open

$1.4

2016-01

$1.34

251 data points

High

$1.46

Jan 20

Low

$1.25

Apr 28

Full Year Change

-3.89%

2015 Change

+18.03%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	$1.4	$1.41	$1.46	$1.4	+0.74%
Feb	$1.4	$1.35	$1.4	$1.35	-3.45%
Mar	$1.34	$1.3	$1.35	$1.3	-3.25%
Apr	$1.3	$1.25	$1.32	$1.25	-3.82%
May	$1.25	$1.31	$1.32	$1.25	+4.41%
Jun	$1.31	$1.3	$1.31	$1.27	-0.60%
Jul	$1.29	$1.3	$1.32	$1.29	+1.11%
Aug	$1.31	$1.31	$1.32	$1.28	+0.20%
Sep	$1.31	$1.31	$1.32	$1.28	+0.06%
Oct	$1.31	$1.34	$1.34	$1.31	+2.02%
Nov	$1.34	$1.34	$1.36	$1.33	+0.36%
Dec	$1.33	$1.34	$1.36	$1.31	+0.72%

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.