Nikkei 225 in 1994

The Nikkei 225 rose 13.2% in 1994, from 17,417 at the end of 1993 to 19,723. Its highest close was 21,553 on Jun 13, and its lowest 17,370 on Jan 4. The biggest one-day fall was −4.9% on Jan 24 and the biggest rise +7.8% on Jan 31.

Change in 1994

+13.2%

17,417 → 19,723

High

21,553

Jun 13

Low

17,370

Jan 4

Up days

126 of 247

longest run 6 up, 5 down

Below record

-49.3%

at the end of 1994

Nikkei 225, daily closes 1994

Numbers mark the events below

Key Events in 1994

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

1
Saturday, January 1

North American Free Trade Agreement (NAFTA) enters into force. Source

Nikkei 225: −0.3% next trading day (Jan 4) · +17.2% a month later
2
Monday, January 24 From the data

Biggest one-day fall of the year: −4.9%.
3
Monday, January 31 From the data

Biggest one-day rise of the year: +7.8%.
4
Wednesday, June 8 From the data

Back above its pre-bear-market peak of 21,148 (September 13, 1993).
5
Tuesday, December 20

Mexico devalues the peso, triggering the Mexican peso crisis; the peso is floated two days later. Source

Nikkei 225: +0.7% that day · −7.7% a month later

Biggest days of 1994

Best days		Worst days
Jan 31	+7.8%	Jan 24	−4.9%
Jan 19	+2.8%	Feb 14	−2.7%
Jan 26	+2.6%	Feb 15	−2.5%
Jan 5	+2.4%	Mar 2	−2.3%
Apr 5	+2.3%	Mar 31	−2.3%

Volatility: 17.9% (annualised standard deviation of daily changes).

Month by month

Month	Close	Change	High	Low
Jan	20,229	+16.1%	20,229	17,370
Feb	19,997	−1.1%	20,416	18,931
Mar	19,112	−4.4%	20,678	19,112
Apr	19,725	+3.2%	20,277	19,122
May	20,974	+6.3%	20,974	19,570
Jun	20,644	−1.6%	21,553	20,301
Jul	20,449	−0.9%	20,834	20,137
Aug	20,629	+0.9%	20,863	20,271
Sep	19,564	−5.2%	20,658	19,469
Oct	19,990	+2.2%	20,149	19,569
Nov	19,076	−4.6%	19,916	18,667
Dec	19,723	+3.4%	19,753	18,875

Other Markets in 1994

Change over the calendar year.

Market	Change	Year-end
Nikkei 225	+13.2%	19,723
Dow Jones Industrial Average in 1994	+2.1%	3,834.44
S&P 500 in 1994	−1.5%	459.27
Nasdaq Composite in 1994	−3.2%	751.96
Russell 2000 in 1994	−3.2%	250.36
Gold in 1994	−2.2%	$383.25
Silver in 1994	−5.2%	$4.85
WTI crude oil in 1994	+25.2%	$17.77
Brent crude oil in 1994	+23.1%	$16.23
US 10-year Treasury yield in 1994	+2.01 pp	7.84%

1990 1991 1992 1993 1994 1995 1996 1997 1998 1999

Nikkei 225 in 1994: FAQ

How much did the Nikkei 225 rise in 1994?

What were the highest and lowest closes of the Nikkei 225 in 1994?

Highest: 21,553 on June 13, 1994. Lowest: 17,370 on January 4, 1994. It closed higher on 126 of 247 trading days.

What happened to the Nikkei 225 on December 20, 1994?

Mexico devalues the peso, triggering the Mexican peso crisis; the peso is floated two days later. The Nikkei 225 rose 0.7% that day, and was −7.7% 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.