Historical Year Data · 2022
South Korea Real Effective Exchange Rate in 2022
South Korea Real Effective Exchange Rate opened 2022 at 97.15 and closed at 96.11, a -1.07% move for the year. The high of 97.15 was reached on January 1, and the low of 90.66 on October 1.
Open
97.15
2022-01
Close
96.11
12 data points
High
97.15
Jan 1
Low
90.66
Oct 1
Full Year Change
-1.07%
2021 Change
-4.73%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 97.15 | 97.15 | 97.15 | 97.15 | +0.00% |
| Feb | 96.59 | 96.59 | 96.59 | 96.59 | +0.00% |
| Mar | 95.82 | 95.82 | 95.82 | 95.82 | +0.00% |
| Apr | 96.02 | 96.02 | 96.02 | 96.02 | +0.00% |
| May | 96.16 | 96.16 | 96.16 | 96.16 | +0.00% |
| Jun | 95.78 | 95.78 | 95.78 | 95.78 | +0.00% |
| Jul | 95.14 | 95.14 | 95.14 | 95.14 | +0.00% |
| Aug | 94.15 | 94.15 | 94.15 | 94.15 | +0.00% |
| Sep | 91.23 | 91.23 | 91.23 | 91.23 | +0.00% |
| Oct | 90.66 | 90.66 | 90.66 | 90.66 | +0.00% |
| Nov | 93.83 | 93.83 | 93.83 | 93.83 | +0.00% |
| Dec | 96.11 | 96.11 | 96.11 | 96.11 | +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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