Historical Year Data · 2023
Real Effective Exchange Rate in 2023
Real Effective Exchange Rate opened 2023 at 105.71 and closed at 106.67, a +0.91% move for the year. The high of 110.47 was reached on October 1, and the low of 105.71 on January 1.
Open
105.71
2023-01
Close
106.67
12 data points
High
110.47
Oct 1
Low
105.71
Jan 1
Full Year Change
+0.91%
2022 Change
+6.49%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 105.71 | 105.71 | 105.71 | 105.71 | +0.00% |
| Feb | 106.21 | 106.21 | 106.21 | 106.21 | +0.00% |
| Mar | 106.84 | 106.84 | 106.84 | 106.84 | +0.00% |
| Apr | 105.97 | 105.97 | 105.97 | 105.97 | +0.00% |
| May | 106.77 | 106.77 | 106.77 | 106.77 | +0.00% |
| Jun | 107.27 | 107.27 | 107.27 | 107.27 | +0.00% |
| Jul | 106.26 | 106.26 | 106.26 | 106.26 | +0.00% |
| Aug | 107.73 | 107.73 | 107.73 | 107.73 | +0.00% |
| Sep | 109.14 | 109.14 | 109.14 | 109.14 | +0.00% |
| Oct | 110.47 | 110.47 | 110.47 | 110.47 | +0.00% |
| Nov | 108.45 | 108.45 | 108.45 | 108.45 | +0.00% |
| Dec | 106.67 | 106.67 | 106.67 | 106.67 | +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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