Historical Year Data · 2016
South Korea Real Effective Exchange Rate in 2016
South Korea Real Effective Exchange Rate opened 2016 at 101.18 and closed at 103.84, a +2.63% move for the year. The high of 106.30 was reached on September 1, and the low of 98.67 on February 1.
Open
101.18
2016-01
Close
103.84
12 data points
High
106.30
Sep 1
Low
98.67
Feb 1
Full Year Change
+2.63%
2015 Change
-3.57%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 101.18 | 101.18 | 101.18 | 101.18 | +0.00% |
| Feb | 98.67 | 98.67 | 98.67 | 98.67 | +0.00% |
| Mar | 100.06 | 100.06 | 100.06 | 100.06 | +0.00% |
| Apr | 102.07 | 102.07 | 102.07 | 102.07 | +0.00% |
| May | 100.21 | 100.21 | 100.21 | 100.21 | +0.00% |
| Jun | 100.81 | 100.81 | 100.81 | 100.81 | +0.00% |
| Jul | 103.34 | 103.34 | 103.34 | 103.34 | +0.00% |
| Aug | 105.58 | 105.58 | 105.58 | 105.58 | +0.00% |
| Sep | 106.30 | 106.30 | 106.30 | 106.30 | +0.00% |
| Oct | 105.54 | 105.54 | 105.54 | 105.54 | +0.00% |
| Nov | 103.92 | 103.92 | 103.92 | 103.92 | +0.00% |
| Dec | 103.84 | 103.84 | 103.84 | 103.84 | +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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