Historical Year Data · 2023
USD/SGD in 2023
USD/SGD opened 2023 at 1.34 and closed at 1.32, a -1.89% move for the year. The high of 1.37 was reached on October 3, and the low of 1.31 on February 2.
Open
1.34
2023-01
Close
1.32
249 data points
High
1.37
Oct 3
Low
1.31
Feb 2
Full Year Change
-1.89%
2022 Change
-0.95%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 1.34 | 1.31 | 1.35 | 1.31 | -2.25% |
| Feb | 1.31 | 1.35 | 1.35 | 1.31 | +2.67% |
| Mar | 1.34 | 1.33 | 1.35 | 1.32 | -0.90% |
| Apr | 1.33 | 1.33 | 1.34 | 1.32 | +0.41% |
| May | 1.34 | 1.36 | 1.36 | 1.32 | +1.42% |
| Jun | 1.35 | 1.35 | 1.36 | 1.34 | +0.36% |
| Jul | 1.35 | 1.33 | 1.35 | 1.32 | -1.59% |
| Aug | 1.34 | 1.35 | 1.36 | 1.34 | +1.17% |
| Sep | 1.35 | 1.37 | 1.37 | 1.35 | +0.84% |
| Oct | 1.37 | 1.37 | 1.37 | 1.36 | -0.23% |
| Nov | 1.37 | 1.34 | 1.37 | 1.33 | -2.52% |
| Dec | 1.33 | 1.32 | 1.34 | 1.32 | -1.12% |
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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