Historical Year Data · 2008

Mexico Real Effective Exchange Rate in 2008

Mexico Real Effective Exchange Rate opened 2008 at 137.62 and closed at 121.72, a -11.55% move for the year. The high of 147.09 was reached on August 1, and the low of 121.72 on December 1.

Open

137.62

2008-01

121.72

12 data points

High

147.09

Aug 1

Low

121.72

Dec 1

Full Year Change

-11.55%

2007 Change

-3.21%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	137.62	137.62	137.62	137.62	+0.00%
Feb	138.50	138.50	138.50	138.50	+0.00%
Mar	137.65	137.65	137.65	137.65	+0.00%
Apr	139.87	139.87	139.87	139.87	+0.00%
May	140.25	140.25	140.25	140.25	+0.00%
Jun	141.30	141.30	141.30	141.30	+0.00%
Jul	142.52	142.52	142.52	142.52	+0.00%
Aug	147.09	147.09	147.09	147.09	+0.00%
Sep	142.30	142.30	142.30	142.30	+0.00%
Oct	124.05	124.05	124.05	124.05	+0.00%
Nov	124.02	124.02	124.02	124.02	+0.00%
Dec	121.72	121.72	121.72	121.72	+0.00%

Events During 2008

2008 Financial Crisis

Deflation

September 2007 – March 2009

The 2008 Financial Crisis remains the deepest and most instructive market event of the 21st century. Subprime losses cascaded through leveraged balance sheets, froze interbank lending, and forced unprecedented central bank intervention.

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