Historical Year Data · 2023
Russia Real Effective Exchange Rate in 2023
Russia Real Effective Exchange Rate opened 2023 at 121.99 and closed at 97.45, a -20.12% move for the year. The high of 121.99 was reached on January 1, and the low of 90.47 on August 1.
Open
121.99
2023-01
Close
97.45
12 data points
High
121.99
Jan 1
Low
90.47
Aug 1
Full Year Change
-20.12%
2022 Change
+30.15%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 121.99 | 121.99 | 121.99 | 121.99 | +0.00% |
| Feb | 115.95 | 115.95 | 115.95 | 115.95 | +0.00% |
| Mar | 111.30 | 111.30 | 111.30 | 111.30 | +0.00% |
| Apr | 103.36 | 103.36 | 103.36 | 103.36 | +0.00% |
| May | 106.90 | 106.90 | 106.90 | 106.90 | +0.00% |
| Jun | 102.92 | 102.92 | 102.92 | 102.92 | +0.00% |
| Jul | 94.33 | 94.33 | 94.33 | 94.33 | +0.00% |
| Aug | 90.47 | 90.47 | 90.47 | 90.47 | +0.00% |
| Sep | 91.05 | 91.05 | 91.05 | 91.05 | +0.00% |
| Oct | 91.98 | 91.98 | 91.98 | 91.98 | +0.00% |
| Nov | 98.49 | 98.49 | 98.49 | 98.49 | +0.00% |
| Dec | 97.45 | 97.45 | 97.45 | 97.45 | +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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