Historical Year Data · 2023
USD/ZAR in 2023
USD/ZAR opened 2023 at 17.02 and closed at 18.26, a +7.33% move for the year. The high of 19.78 was reached on May 31, and the low of 16.82 on January 13.
Open
17.02
2023-01
Close
18.26
249 data points
High
19.78
May 31
Low
16.82
Jan 13
Full Year Change
+7.33%
2022 Change
+7.34%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 17.02 | 17.43 | 17.43 | 16.82 | +2.42% |
| Feb | 17.17 | 18.34 | 18.42 | 17.1 | +6.86% |
| Mar | 18.1 | 17.73 | 18.59 | 17.73 | -2.06% |
| Apr | 17.8 | 18.29 | 18.53 | 17.8 | +2.76% |
| May | 18.37 | 19.78 | 19.78 | 18.25 | +7.65% |
| Jun | 19.59 | 18.84 | 19.59 | 18.2 | -3.82% |
| Jul | 18.75 | 17.81 | 19.11 | 17.59 | -5.00% |
| Aug | 18.24 | 18.91 | 19.11 | 18.24 | +3.67% |
| Sep | 18.81 | 18.88 | 19.21 | 18.74 | +0.38% |
| Oct | 19.19 | 18.74 | 19.54 | 18.74 | -2.32% |
| Nov | 18.64 | 18.87 | 18.87 | 18.22 | +1.23% |
| Dec | 18.63 | 18.26 | 19.1 | 18.25 | -1.97% |
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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