Nikkei 225 in 1992

The Nikkei 225 fell 26.4% in 1992, from 22,984 at the end of 1991 to 16,925. Its highest close was 23,801 on Jan 6, and its lowest 14,309 on Aug 18. The biggest one-day fall was −4.2% on Sep 11 and the biggest rise +7.5% on Apr 10.

Change in 1992

−26.4%

22,984 → 16,925

High

23,801

Jan 6

Low

14,309

Aug 18

Up days

115 of 247

longest run 6 up, 7 down

Below record

-56.5%

at the end of 1992

Nikkei 225, daily closes 1992

Numbers mark the events below

Key Events in 1992

What happened, and how the Nikkei 225 moved — on the day (or the next trading day) and about a month later.

1
Wednesday, April 1

Bank of Japan cuts the official discount rate to 3.75%. Source

Nikkei 225: −3.9% that day · −10.1% a month later
2
Friday, April 10 From the data

Biggest one-day rise of the year: +7.5%.
3
Tuesday, August 18 From the data

Bear market low: 14,309, 47.3% below the peak.
4
Friday, September 11 From the data

Biggest one-day fall of the year: −4.2%.

Biggest days of 1992

Best days		Worst days
Apr 10	+7.5%	Sep 11	−4.2%
Aug 21	+6.2%	Aug 18	−4.2%
Aug 27	+6.1%	Jul 20	−4.0%
Nov 18	+4.9%	Apr 1	−3.9%
Sep 3	+4.5%	May 15	−3.9%

Volatility: 30.1% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	22,023	−4.2%	23,801	20,858
Feb	21,339	−3.1%	22,140	20,618
Mar	19,346	−9.3%	21,488	19,346
Apr	17,391	−10.1%	18,582	16,598
May	18,348	+5.5%	18,805	17,303
Jun	15,952	−13.1%	18,189	15,741
Jul	15,910	−0.3%	17,202	15,096
Aug	18,061	+13.5%	18,061	14,309
Sep	17,399	−3.7%	18,908	17,399
Oct	16,767	−3.6%	17,628	16,767
Nov	17,684	+5.5%	17,684	15,993
Dec	16,925	−4.3%	17,691	16,925

Other Markets in 1992

Change over the calendar year.

Market	Change	Year-end
Nikkei 225	−26.4%	16,925
Dow Jones Industrial Average in 1992	+4.2%	3,301.11
S&P 500 in 1992	+4.5%	435.71
Nasdaq Composite in 1992	+15.5%	676.95
Russell 2000 in 1992	+16.4%	221.01
Gold in 1992	−5.7%	$332.90
Silver in 1992	−4.9%	$3.67
WTI crude oil in 1992	+1.8%	$19.49
Brent crude oil in 1992	+0.6%	$17.85
US 10-year Treasury yield in 1992	−0.01 pp	6.70%

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Nikkei 225 in 1992: FAQ

How much did the Nikkei 225 fall in 1992?

What were the highest and lowest closes of the Nikkei 225 in 1992?

Highest: 23,801 on January 6, 1992. Lowest: 14,309 on August 18, 1992. It closed higher on 115 of 247 trading days.

What happened to the Nikkei 225 on April 1, 1992?

Bank of Japan cuts the official discount rate to 3.75%. The Nikkei 225 fell 3.9% that day, and was −10.1% a month later.

Data: Daily closes since Jan 1984 (Tokyo). Price index: dividends are not included. Inflation: US CPI-U. Events marked "From the data" are found automatically from the closing prices; the others are researched, with the source linked. Not investment advice.