Historical Year Data · 2003

Australia Real Effective Exchange Rate in 2003

Australia Real Effective Exchange Rate opened 2003 at 86.72 and closed at 103.06, a +18.84% move for the year. The high of 103.06 was reached on December 1, and the low of 86.72 on January 1.

Open

86.72

2003-01

103.06

12 data points

High

103.06

Dec 1

Low

86.72

Jan 1

Full Year Change

+18.84%

2002 Change

+3.24%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	86.72	86.72	86.72	86.72	+0.00%
Feb	88.28	88.28	88.28	88.28	+0.00%
Mar	89.15	89.15	89.15	89.15	+0.00%
Apr	89.95	89.95	89.95	89.95	+0.00%
May	93.37	93.37	93.37	93.37	+0.00%
Jun	95.80	95.80	95.80	95.80	+0.00%
Jul	96.40	96.40	96.40	96.40	+0.00%
Aug	95.44	95.44	95.44	95.44	+0.00%
Sep	95.83	95.83	95.83	95.83	+0.00%
Oct	98.34	98.34	98.34	98.34	+0.00%
Nov	101.46	101.46	101.46	101.46	+0.00%
Dec	103.06	103.06	103.06	103.06	+0.00%

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.

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