Historical Year Data · 2016
NZD/USD in 2016
NZD/USD opened 2016 at $0.67 and closed at $0.7, a +3.23% move for the year. The high of $0.75 was reached on September 7, and the low of $0.64 on January 20.
Open
$0.67
2016-01
Close
$0.7
251 data points
High
$0.75
Sep 7
Low
$0.64
Jan 20
Full Year Change
+3.23%
2015 Change
-11.27%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $0.67 | $0.65 | $0.67 | $0.64 | -4.02% |
| Feb | $0.65 | $0.66 | $0.67 | $0.65 | +1.37% |
| Mar | $0.66 | $0.69 | $0.69 | $0.66 | +4.64% |
| Apr | $0.69 | $0.7 | $0.7 | $0.68 | +1.23% |
| May | $0.7 | $0.68 | $0.7 | $0.67 | -3.42% |
| Jun | $0.68 | $0.71 | $0.72 | $0.68 | +4.60% |
| Jul | $0.72 | $0.72 | $0.73 | $0.7 | +0.68% |
| Aug | $0.72 | $0.73 | $0.73 | $0.71 | +0.85% |
| Sep | $0.73 | $0.73 | $0.75 | $0.72 | +0.11% |
| Oct | $0.73 | $0.72 | $0.73 | $0.7 | -1.47% |
| Nov | $0.72 | $0.71 | $0.74 | $0.7 | -1.32% |
| Dec | $0.71 | $0.7 | $0.72 | $0.69 | -1.61% |
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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