Historical Year Data · 2023
GBP/USD in 2023
GBP/USD opened 2023 at $1.21 and closed at $1.27, a +5.06% move for the year. The high of $1.31 was reached on July 13, and the low of $1.18 on March 8.
Open
$1.21
2023-01
Close
$1.27
260 data points
High
$1.31
Jul 13
Low
$1.18
Mar 8
Full Year Change
+5.06%
2022 Change
-10.84%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $1.21 | $1.24 | $1.24 | $1.19 | +1.92% |
| Feb | $1.23 | $1.21 | $1.24 | $1.2 | -2.01% |
| Mar | $1.2 | $1.24 | $1.24 | $1.18 | +2.94% |
| Apr | $1.23 | $1.26 | $1.26 | $1.23 | +2.20% |
| May | $1.25 | $1.24 | $1.26 | $1.23 | -0.31% |
| Jun | $1.25 | $1.26 | $1.28 | $1.24 | +0.71% |
| Jul | $1.27 | $1.28 | $1.31 | $1.27 | +1.11% |
| Aug | $1.28 | $1.27 | $1.28 | $1.26 | -0.96% |
| Sep | $1.26 | $1.22 | $1.26 | $1.21 | -3.07% |
| Oct | $1.22 | $1.22 | $1.23 | $1.21 | -0.22% |
| Nov | $1.22 | $1.27 | $1.27 | $1.22 | +4.48% |
| Dec | $1.26 | $1.27 | $1.28 | $1.26 | +0.81% |
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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