Historical Year Data · 2023
USD/MYR in 2023
USD/MYR opened 2023 at 4.41 and closed at 4.59, a +4.19% move for the year. The high of 4.79 was reached on October 23, and the low of 4.24 on January 27.
Open
4.41
2023-01
Close
4.59
249 data points
High
4.79
Oct 23
Low
4.24
Jan 27
Full Year Change
+4.19%
2022 Change
+5.50%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 4.41 | 4.27 | 4.41 | 4.24 | -3.14% |
| Feb | 4.27 | 4.49 | 4.49 | 4.24 | +5.10% |
| Mar | 4.47 | 4.41 | 4.52 | 4.4 | -1.28% |
| Apr | 4.42 | 4.46 | 4.46 | 4.4 | +0.97% |
| May | 4.46 | 4.61 | 4.62 | 4.43 | +3.43% |
| Jun | 4.61 | 4.67 | 4.68 | 4.57 | +1.17% |
| Jul | 4.67 | 4.51 | 4.67 | 4.51 | -3.43% |
| Aug | 4.52 | 4.64 | 4.66 | 4.52 | +2.64% |
| Sep | 4.65 | 4.69 | 4.71 | 4.65 | +1.04% |
| Oct | 4.71 | 4.76 | 4.79 | 4.71 | +1.00% |
| Nov | 4.77 | 4.66 | 4.77 | 4.64 | -2.29% |
| Dec | 4.67 | 4.59 | 4.71 | 4.59 | -1.73% |
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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