Historical Year Data · 2008

UK Real Effective Exchange Rate in 2008

UK Real Effective Exchange Rate opened 2008 at 116.81 and closed at 97.00, a -16.96% move for the year. The high of 116.81 was reached on January 1, and the low of 97.00 on December 1.

Open

116.81

2008-01

97.00

12 data points

High

116.81

Jan 1

Low

97.00

Dec 1

Full Year Change

-16.96%

2007 Change

-6.47%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	116.81	116.81	116.81	116.81	+0.00%
Feb	116.15	116.15	116.15	116.15	+0.00%
Mar	114.40	114.40	114.40	114.40	+0.00%
Apr	112.38	112.38	112.38	112.38	+0.00%
May	112.41	112.41	112.41	112.41	+0.00%
Jun	112.68	112.68	112.68	112.68	+0.00%
Jul	112.43	112.43	112.43	112.43	+0.00%
Aug	111.43	111.43	111.43	111.43	+0.00%
Sep	109.72	109.72	109.72	109.72	+0.00%
Oct	109.34	109.34	109.34	109.34	+0.00%
Nov	102.88	102.88	102.88	102.88	+0.00%
Dec	97.00	97.00	97.00	97.00	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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