Illustrative Currency Amounts in New Special Drawing Right (SDR) Basket
As of September 26, 2016
The IMF publishes illustrative currency amounts in the lead up to the transition date to assist SDR users in preparing for the changeover to the new SDR valuation basket. The table below shows illustrative currency amounts based on the exchange rates for the three-month ending September 26, 2016. Details of the calculations are in this Excel file.
Table 1. Calculation of Illustrative Currency Amounts
(Assumed Transition Date = September 26, 2016)
| Currency | Percentage Weights1 | Base Period Average Exchange Rates (BEX)2 | Transition Date Exchange Rates (TEX) on September 26, 2016 |
Illustrative Currency Amounts3 | U.S. Dollar Equivalents on September 26, 2016 |
|---|---|---|---|---|---|
| U.S. dollar | 41.73 | 1 | 1 | 0.58257 | 0.582570 |
| Euro | 30.93 | 1.11572 | 1.1244 | 0.38703 | 0.435177 |
| Chinese yuan | 10.92 | 0.149839 | 0.149689 | 1.0175 | 0.152309 |
| Japanese yen | 8.33 | 0.00976307 | 0.00996016 | 11.912 | 0.118645 |
| Pound sterling | 8.09 | 1.31625 | 1.2926 | 0.085807 | 0.110914 |
| SDR1 = US$ 1.399624 | |||||
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Source: IMF Finance Department 1/ See Decision No. 15891-(15/109), adopted on November 30, 2015. 2/ Calculation is based on average exchange rates for the three-month period up to September 26, 2016. 3/ Per Decision No. 16033-(16/71), an adjustment of 0.00002 was applied to the U.S. dollar currency amount to ensure that the value of the SDR is the same before and after the revision. See http://www.imf.org/external/pp/longres.aspx?id=5055 for details on calculation and rounding of currency amounts. 4/ The value in U.S. dollars of one SDR, rounded to six significant digits. |
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