Historical Year Data · 2023
China Real Effective Exchange Rate in 2023
China Real Effective Exchange Rate opened 2023 at 98.13 and closed at 92.15, a -6.09% move for the year. The high of 98.13 was reached on January 1, and the low of 91.24 on July 1.
Open
98.13
2023-01
Close
92.15
12 data points
High
98.13
Jan 1
Low
91.24
Jul 1
Full Year Change
-6.09%
2022 Change
-7.26%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 98.13 | 98.13 | 98.13 | 98.13 | +0.00% |
| Feb | 98.08 | 98.08 | 98.08 | 98.08 | +0.00% |
| Mar | 96.92 | 96.92 | 96.92 | 96.92 | +0.00% |
| Apr | 95.34 | 95.34 | 95.34 | 95.34 | +0.00% |
| May | 94.07 | 94.07 | 94.07 | 94.07 | +0.00% |
| Jun | 91.97 | 91.97 | 91.97 | 91.97 | +0.00% |
| Jul | 91.24 | 91.24 | 91.24 | 91.24 | +0.00% |
| Aug | 91.69 | 91.69 | 91.69 | 91.69 | +0.00% |
| Sep | 92.23 | 92.23 | 92.23 | 92.23 | +0.00% |
| Oct | 92.51 | 92.51 | 92.51 | 92.51 | +0.00% |
| Nov | 91.72 | 91.72 | 91.72 | 91.72 | +0.00% |
| Dec | 92.15 | 92.15 | 92.15 | 92.15 | +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.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.