Historical Year Data · 2003

Switzerland Real Effective Exchange Rate in 2003

Switzerland Real Effective Exchange Rate opened 2003 at 93.93 and closed at 90.62, a -3.52% move for the year. The high of 93.93 was reached on January 1, and the low of 88.81 on September 1.

Open

93.93

2003-01

90.62

12 data points

High

93.93

Jan 1

Low

88.81

Sep 1

Full Year Change

-3.52%

2002 Change

+3.62%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	93.93	93.93	93.93	93.93	+0.00%
Feb	93.88	93.88	93.88	93.88	+0.00%
Mar	93.86	93.86	93.86	93.86	+0.00%
Apr	92.26	92.26	92.26	92.26	+0.00%
May	92.73	92.73	92.73	92.73	+0.00%
Jun	91.32	91.32	91.32	91.32	+0.00%
Jul	89.57	89.57	89.57	89.57	+0.00%
Aug	89.50	89.50	89.50	89.50	+0.00%
Sep	88.81	88.81	88.81	88.81	+0.00%
Oct	89.97	89.97	89.97	89.97	+0.00%
Nov	89.18	89.18	89.18	89.18	+0.00%
Dec	90.62	90.62	90.62	90.62	+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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