Historical Year Data · 2016
India Real Effective Exchange Rate in 2016
India Real Effective Exchange Rate opened 2016 at 97.59 and closed at 99.81, a +2.27% move for the year. The high of 99.81 was reached on December 1, and the low of 94.74 on February 1.
Open
97.59
2016-01
Close
99.81
12 data points
High
99.81
Dec 1
Low
94.74
Feb 1
Full Year Change
+2.27%
2015 Change
+2.25%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 97.59 | 97.59 | 97.59 | 97.59 | +0.00% |
| Feb | 94.74 | 94.74 | 94.74 | 94.74 | +0.00% |
| Mar | 95.44 | 95.44 | 95.44 | 95.44 | +0.00% |
| Apr | 95.54 | 95.54 | 95.54 | 95.54 | +0.00% |
| May | 96.41 | 96.41 | 96.41 | 96.41 | +0.00% |
| Jun | 97.05 | 97.05 | 97.05 | 97.05 | +0.00% |
| Jul | 98.62 | 98.62 | 98.62 | 98.62 | +0.00% |
| Aug | 98.16 | 98.16 | 98.16 | 98.16 | +0.00% |
| Sep | 98.07 | 98.07 | 98.07 | 98.07 | +0.00% |
| Oct | 99.36 | 99.36 | 99.36 | 99.36 | +0.00% |
| Nov | 99.47 | 99.47 | 99.47 | 99.47 | +0.00% |
| Dec | 99.81 | 99.81 | 99.81 | 99.81 | +0.00% |
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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