Historical Year Data · 2006

Japan Real Effective Exchange Rate in 2006

Japan Real Effective Exchange Rate opened 2006 at 119.50 and closed at 111.19, a -6.95% move for the year. The high of 119.90 was reached on May 1, and the low of 111.19 on December 1.

Open

119.50

2006-01

111.19

12 data points

High

119.90

May 1

Low

111.19

Dec 1

Full Year Change

-6.95%

2005 Change

-13.75%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	119.50	119.50	119.50	119.50	+0.00%
Feb	116.36	116.36	116.36	116.36	+0.00%
Mar	117.04	117.04	117.04	117.04	+0.00%
Apr	115.83	115.83	115.83	115.83	+0.00%
May	119.90	119.90	119.90	119.90	+0.00%
Jun	117.89	117.89	117.89	117.89	+0.00%
Jul	116.12	116.12	116.12	116.12	+0.00%
Aug	115.99	115.99	115.99	115.99	+0.00%
Sep	114.83	114.83	114.83	114.83	+0.00%
Oct	113.29	113.29	113.29	113.29	+0.00%
Nov	112.68	112.68	112.68	112.68	+0.00%
Dec	111.19	111.19	111.19	111.19	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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