Historical Year Data · 2023
Canada Real Effective Exchange Rate in 2023
Canada Real Effective Exchange Rate opened 2023 at 99.74 and closed at 100.85, a +1.11% move for the year. The high of 102.53 was reached on July 1, and the low of 98.44 on March 1.
Open
99.74
2023-01
Close
100.85
12 data points
High
102.53
Jul 1
Low
98.44
Mar 1
Full Year Change
+1.11%
2022 Change
-4.48%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 99.74 | 99.74 | 99.74 | 99.74 | +0.00% |
| Feb | 99.82 | 99.82 | 99.82 | 99.82 | +0.00% |
| Mar | 98.44 | 98.44 | 98.44 | 98.44 | +0.00% |
| Apr | 99.75 | 99.75 | 99.75 | 99.75 | +0.00% |
| May | 100.09 | 100.09 | 100.09 | 100.09 | +0.00% |
| Jun | 101.93 | 101.93 | 101.93 | 101.93 | +0.00% |
| Jul | 102.53 | 102.53 | 102.53 | 102.53 | +0.00% |
| Aug | 101.05 | 101.05 | 101.05 | 101.05 | +0.00% |
| Sep | 100.87 | 100.87 | 100.87 | 100.87 | +0.00% |
| Oct | 100.17 | 100.17 | 100.17 | 100.17 | +0.00% |
| Nov | 99.57 | 99.57 | 99.57 | 99.57 | +0.00% |
| Dec | 100.85 | 100.85 | 100.85 | 100.85 | +0.00% |
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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