Historical Year Data · 2014

South Korea Real Effective Exchange Rate in 2014

South Korea Real Effective Exchange Rate opened 2014 at 101.21 and closed at 102.46, a +1.24% move for the year. The high of 105.88 was reached on June 1, and the low of 100.72 on February 1.

Open

101.21

2014-01

102.46

12 data points

High

105.88

Jun 1

Low

100.72

Feb 1

Full Year Change

+1.24%

2013 Change

+2.40%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	101.21	101.21	101.21	101.21	+0.00%
Feb	100.72	100.72	100.72	100.72	+0.00%
Mar	101.00	101.00	101.00	101.00	+0.00%
Apr	103.54	103.54	103.54	103.54	+0.00%
May	105.25	105.25	105.25	105.25	+0.00%
Jun	105.88	105.88	105.88	105.88	+0.00%
Jul	105.59	105.59	105.59	105.59	+0.00%
Aug	105.72	105.72	105.72	105.72	+0.00%
Sep	105.46	105.46	105.46	105.46	+0.00%
Oct	103.31	103.31	103.31	103.31	+0.00%
Nov	101.27	101.27	101.27	101.27	+0.00%
Dec	102.46	102.46	102.46	102.46	+0.00%

Events During 2014

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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