Historical Year Data · 2022
India Real Effective Exchange Rate in 2022
India Real Effective Exchange Rate opened 2022 at 101.30 and closed at 97.27, a -3.98% move for the year. The high of 103.14 was reached on September 1, and the low of 97.27 on December 1.
Open
101.30
2022-01
Close
97.27
12 data points
High
103.14
Sep 1
Low
97.27
Dec 1
Full Year Change
-3.98%
2021 Change
+2.94%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 101.30 | 101.30 | 101.30 | 101.30 | +0.00% |
| Feb | 99.77 | 99.77 | 99.77 | 99.77 | +0.00% |
| Mar | 99.46 | 99.46 | 99.46 | 99.46 | +0.00% |
| Apr | 101.06 | 101.06 | 101.06 | 101.06 | +0.00% |
| May | 101.96 | 101.96 | 101.96 | 101.96 | +0.00% |
| Jun | 101.04 | 101.04 | 101.04 | 101.04 | +0.00% |
| Jul | 100.86 | 100.86 | 100.86 | 100.86 | +0.00% |
| Aug | 101.51 | 101.51 | 101.51 | 101.51 | +0.00% |
| Sep | 103.14 | 103.14 | 103.14 | 103.14 | +0.00% |
| Oct | 102.36 | 102.36 | 102.36 | 102.36 | +0.00% |
| Nov | 101.15 | 101.15 | 101.15 | 101.15 | +0.00% |
| Dec | 97.27 | 97.27 | 97.27 | 97.27 | +0.00% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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