Historical Year Data · 2016
Russia Real Effective Exchange Rate in 2016
Russia Real Effective Exchange Rate opened 2016 at 85.71 and closed at 112.20, a +30.91% move for the year. The high of 112.20 was reached on December 1, and the low of 84.51 on February 1.
Open
85.71
2016-01
Close
112.20
12 data points
High
112.20
Dec 1
Low
84.51
Feb 1
Full Year Change
+30.91%
2015 Change
+4.05%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 85.71 | 85.71 | 85.71 | 85.71 | +0.00% |
| Feb | 84.51 | 84.51 | 84.51 | 84.51 | +0.00% |
| Mar | 92.42 | 92.42 | 92.42 | 92.42 | +0.00% |
| Apr | 96.12 | 96.12 | 96.12 | 96.12 | +0.00% |
| May | 97.98 | 97.98 | 97.98 | 97.98 | +0.00% |
| Jun | 99.65 | 99.65 | 99.65 | 99.65 | +0.00% |
| Jul | 102.58 | 102.58 | 102.58 | 102.58 | +0.00% |
| Aug | 100.56 | 100.56 | 100.56 | 100.56 | +0.00% |
| Sep | 101.27 | 101.27 | 101.27 | 101.27 | +0.00% |
| Oct | 106.03 | 106.03 | 106.03 | 106.03 | +0.00% |
| Nov | 105.74 | 105.74 | 105.74 | 105.74 | +0.00% |
| Dec | 112.20 | 112.20 | 112.20 | 112.20 | +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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