Historical Year Data · 2016
Japan Real Effective Exchange Rate in 2016
Japan Real Effective Exchange Rate opened 2016 at 95.46 and closed at 97.80, a +2.45% move for the year. The high of 108.28 was reached on August 1, and the low of 95.46 on January 1.
Open
95.46
2016-01
Close
97.80
12 data points
High
108.28
Aug 1
Low
95.46
Jan 1
Full Year Change
+2.45%
2015 Change
+1.34%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 95.46 | 95.46 | 95.46 | 95.46 | +0.00% |
| Feb | 97.04 | 97.04 | 97.04 | 97.04 | +0.00% |
| Mar | 97.56 | 97.56 | 97.56 | 97.56 | +0.00% |
| Apr | 99.56 | 99.56 | 99.56 | 99.56 | +0.00% |
| May | 101.09 | 101.09 | 101.09 | 101.09 | +0.00% |
| Jun | 104.48 | 104.48 | 104.48 | 104.48 | +0.00% |
| Jul | 106.10 | 106.10 | 106.10 | 106.10 | +0.00% |
| Aug | 108.28 | 108.28 | 108.28 | 108.28 | +0.00% |
| Sep | 107.59 | 107.59 | 107.59 | 107.59 | +0.00% |
| Oct | 106.96 | 106.96 | 106.96 | 106.96 | +0.00% |
| Nov | 104.05 | 104.05 | 104.05 | 104.05 | +0.00% |
| Dec | 97.80 | 97.80 | 97.80 | 97.80 | +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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