Historical Year Data · 2023
GBP/USD (FRED Daily) in 2023
GBP/USD (FRED Daily) opened 2023 at $1.2 and closed at $1.27, a +6.46% move for the year. The high of $1.31 was reached on July 14, and the low of $1.18 on March 8.
Open
$1.2
2023-01
Close
$1.27
249 data points
High
$1.31
Jul 14
Low
$1.18
Mar 8
Full Year Change
+6.46%
2022 Change
-10.33%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $1.2 | $1.23 | $1.24 | $1.19 | +2.96% |
| Feb | $1.23 | $1.21 | $1.23 | $1.19 | -1.75% |
| Mar | $1.2 | $1.24 | $1.24 | $1.18 | +2.78% |
| Apr | $1.24 | $1.26 | $1.26 | $1.24 | +1.44% |
| May | $1.25 | $1.24 | $1.27 | $1.23 | -0.79% |
| Jun | $1.25 | $1.27 | $1.28 | $1.24 | +1.38% |
| Jul | $1.27 | $1.29 | $1.31 | $1.27 | +1.28% |
| Aug | $1.28 | $1.27 | $1.28 | $1.26 | -0.65% |
| Sep | $1.26 | $1.22 | $1.26 | $1.21 | -3.02% |
| Oct | $1.21 | $1.21 | $1.23 | $1.21 | +0.04% |
| Nov | $1.21 | $1.26 | $1.27 | $1.21 | +4.23% |
| Dec | $1.27 | $1.27 | $1.28 | $1.25 | +0.48% |
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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