SDR Valuation

The currency value of the SDR is determined by summing the values in U.S. dollars, based on market exchange rates, of a basket of major currencies (the U.S. dollar, Euro, Japanese yen, pound sterling and the Chinese renminbi). The SDR currency value is calculated daily (except on IMF holidays or whenever the IMF is closed for business) and the valuation basket is reviewed and adjusted every five years.

Press Release: IMF Determines New Currency Amounts for the SDR Valuation Basket new
Press Release: IMF Executive Board Concludes Quinquennial SDR Valuation Review and Determines New Currency Weights for SDR Valuation Basket

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SDR rates as of:

Thursday, June 01, 2023
Currency Unit	Currency amount under Rule O-1	Exchange rate ¹	U.S. dollar equivalent	Percent change in exchange rate against U.S. dollar from previous calculation
Chinese yuan	1.0993	7.12120	0.154370	0.104
Euro	0.37379	1.07080	0.400254	0.300
Japanese yen	13.452	139.53500	0.096406	0.340
U.K. pound	0.080870	1.24670	0.100821	0.833
U.S. dollar	0.57813	1.00000	0.578130
1.329981
U.S.$1.00 = SDR			0.751890 ²	-0.189 ³
SDR1 = US$			1.329980 ⁴

Footnotes
1	The exchange rates for the Japanese yen and the Chinese renminbi are expressed in terms of currency units per U.S. dollar; other rates are expressed as U.S. dollars per currency unit. Chinese renminbi refers to the name of the currency, while Chinese yuan refers to the currency unit.
2	IMF Rule O-2(a) defines the value of the U.S. dollar in terms of the SDR as the reciprocal of the sum of the equivalents in U.S. dollars of the amounts of the currencies in the SDR basket. Under current IMF procedures, each U.S. dollar equivalent is calculated on the basis of the mid-market rates, as provided to the IMF by the Bank of England, based on spot exchange rates observed at around noon London time (see Bank of England website); the value of the U.S. dollar in terms of the SDR is rounded to six significant digits. The Federal Reserve Bank of New York and the European Central Bank serve as backup providers for these exchange rates. For further details see Method of Collecting Exchange Rates for the Calculation of the Value of the SDR for the Purposes of Rule O-2(a).
3	Percent change from previous calculation.
4	The reciprocal of the value of the U.S dollar in terms of the SDR, rounded to six significant digits.

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