Historical Year Data · 2003

USD/INR in 2003

USD/INR opened 2003 at 48.05 and closed at 45.55, a -5.20% move for the year. The high of 48.1 was reached on January 27, and the low of 45.29 on October 9.

Open

48.05

2003-01

45.55

251 data points

High

48.1

Jan 27

Low

45.29

Oct 9

Full Year Change

-5.20%

2002 Change

-0.56%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	48.05	47.83	48.1	47.83	-0.46%
Feb	47.8	47.66	47.92	47.65	-0.29%
Mar	47.7	47.53	47.85	47.53	-0.36%
Apr	47.45	47.37	47.46	47.34	-0.17%
May	47.35	47.07	47.35	46.85	-0.59%
Jun	47.15	46.4	47.15	46.4	-1.59%
Jul	46.49	46.15	46.49	46.06	-0.73%
Aug	46.18	45.88	46.18	45.8	-0.65%
Sep	45.88	45.78	46	45.72	-0.22%
Oct	45.7	45.33	45.7	45.29	-0.81%
Nov	45.32	45.82	45.95	45.3	+1.10%
Dec	45.77	45.55	45.77	45.5	-0.48%

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.