## Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology

_Policy Papers, July 13, 2016_

## Source details

**Canonical URL:** [Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/currency-amounts-in-the-sdr-basket-proposed-changes-to-the-rounding-methodology-pp5055)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2016/12/31/currency-amounts-in-the-sdr-basket-proposed-changes-to-the-rounding-methodology-pp5055/index.md)
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## Bibliographic details
- Published: July 13, 2016
- Series: Policy Papers

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### Summary of purpose and use
- Currency amounts are the number of units of each currency in the SDR basket used to determine the daily value of the SDR.
- The value of the SDR (in U.S. dollars) is the sum of these currency amounts, valued at daily exchange rates of the currencies against the U.S. dollar.
- These currency amounts remain fixed over the SDR valuation period.

### Determination and timing
- Currency amounts are determined on the last business day before the new SDR basket becomes effective (transition date).
- Determination is performed such that the currency amounts correspond to the currency weights determined by the IMF Executive Board in the context of the SDR Review.
- To facilitate SDR users in adjusting their portfolios to the new basket, the IMF publishes illustrative currency amounts in the lead up to the transition date.

### Publication and access
- Publication title: Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology
- Publication date: July 13, 2016
- Format: web landing page (PDF available for download)
- Subject keywords listed: Basket of currencies, Executive Board decisions, Lapse of time approval, Rule O-2, SDR valuation basket, SDR valuation method

### Notable procedural points
- Illustrative currency amounts are published prior to the transition date to assist market participants and SDR users with portfolio adjustments.
- The methodology links currency amounts directly to Executive Board–determined currency weights and fixes those amounts for the entire valuation period.

*International Monetary Fund — Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology (July 13, 2016).*

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## Content in this bundle

- **071316**
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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/currency-amounts-in-the-sdr-basket-proposed-changes-to-the-rounding-methodology-pp5055_