Historical Year Data · 2006

USD/ZAR in 2006

USD/ZAR opened 2006 at 6.23 and closed at 7.04, a +12.91% move for the year. The high of 7.94 was reached on October 4, and the low of 5.99 on April 21.

Open

6.23

2006-01

7.04

251 data points

High

7.94

Oct 4

Low

5.99

Apr 21

Full Year Change

+12.91%

2005 Change

+12.18%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	6.23	6.08	6.23	5.99	-2.42%
Feb	6.11	6.16	6.22	6.02	+0.83%
Mar	6.18	6.15	6.34	6.14	-0.46%
Apr	6.11	6.02	6.17	5.99	-1.49%
May	6	6.71	6.71	6	+11.79%
Jun	6.67	7.17	7.43	6.63	+7.48%
Jul	7.03	6.92	7.23	6.83	-1.56%
Aug	6.97	7.2	7.2	6.72	+3.30%
Sep	7.22	7.76	7.76	7.16	+7.53%
Oct	7.72	7.39	7.94	7.39	-4.34%
Nov	7.36	7.15	7.41	7.1	-2.89%
Dec	7.15	7.04	7.16	6.94	-1.50%

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.