Historical Year Data · 2023
UK Real Effective Exchange Rate in 2023
UK Real Effective Exchange Rate opened 2023 at 101.97 and closed at 108.38, a +6.29% move for the year. The high of 109.23 was reached on July 1, and the low of 101.97 on January 1.
Open
101.97
2023-01
Close
108.38
12 data points
High
109.23
Jul 1
Low
101.97
Jan 1
Full Year Change
+6.29%
2022 Change
-1.15%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 101.97 | 101.97 | 101.97 | 101.97 | +0.00% |
| Feb | 102.18 | 102.18 | 102.18 | 102.18 | +0.00% |
| Mar | 103.11 | 103.11 | 103.11 | 103.11 | +0.00% |
| Apr | 105.03 | 105.03 | 105.03 | 105.03 | +0.00% |
| May | 106.89 | 106.89 | 106.89 | 106.89 | +0.00% |
| Jun | 108.90 | 108.90 | 108.90 | 108.90 | +0.00% |
| Jul | 109.23 | 109.23 | 109.23 | 109.23 | +0.00% |
| Aug | 108.81 | 108.81 | 108.81 | 108.81 | +0.00% |
| Sep | 108.12 | 108.12 | 108.12 | 108.12 | +0.00% |
| Oct | 106.87 | 106.87 | 106.87 | 106.87 | +0.00% |
| Nov | 107.20 | 107.20 | 107.20 | 107.20 | +0.00% |
| Dec | 108.38 | 108.38 | 108.38 | 108.38 | +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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