Historical Year Data · 2023
CNY/USD in 2023
CNY/USD opened 2023 at 6.91 and closed at 7.1, a +2.70% move for the year. The high of 7.34 was reached on September 8, and the low of 6.7 on January 13.
Open
6.91
2023-01
Close
7.1
249 data points
High
7.34
Sep 8
Low
6.7
Jan 13
Full Year Change
+2.70%
2022 Change
+8.53%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 6.91 | 6.75 | 6.91 | 6.7 | -2.31% |
| Feb | 6.74 | 6.93 | 6.95 | 6.73 | +2.85% |
| Mar | 6.87 | 6.87 | 6.96 | 6.82 | +0.03% |
| Apr | 6.88 | 6.91 | 6.93 | 6.87 | +0.49% |
| May | 6.92 | 7.11 | 7.11 | 6.91 | +2.80% |
| Jun | 7.09 | 7.25 | 7.25 | 7.08 | +2.23% |
| Jul | 7.24 | 7.14 | 7.25 | 7.13 | -1.35% |
| Aug | 7.18 | 7.26 | 7.3 | 7.17 | +1.12% |
| Sep | 7.26 | 7.3 | 7.34 | 7.26 | +0.49% |
| Oct | 7.3 | 7.32 | 7.32 | 7.29 | +0.28% |
| Nov | 7.32 | 7.14 | 7.32 | 7.13 | -2.48% |
| Dec | 7.14 | 7.1 | 7.18 | 7.1 | -0.54% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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