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Special Drawing Rights Valuation

Special Drawing Rights -- A Factsheet


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Currency Amounts in New Special Drawing Rights (SDR) Basket

Last Updated: December 30, 2010

The IMF has announced that on January 1, 2011 changes in the relative weights of the four currencies in the Special Drawing Rights (SDR) basket will come into effect (Press Release No. 10/434). The initial weights assigned to each currency in the SDR basket have been adjusted to take account of changes in the share of each currency in world exports of goods and services and international reserves.
The table below shows the new currency amounts that will be effective January 1, 2011.To assist users of the SDR in preparing for the changeover to the new SDR valuation, the IMF has provided illustrative projections of the currency amounts every week in December.



Calculation of Currency Amounts
in the New SDR Basket


(as of December 30, 2010)


 

(1)

(2)

(3)

(4)

Currency

Initial new weight (share)

Illustrative currency amount1

 

Exchange Rate on 2 12/30/10

 

U.S. dollar equivalent

 

 

 

 

 

 

 


Euro

37.4

0.4230

 

1.32500

 

0.560475

 

Japanese yen

9.4

12.1000

 

81.63000

 

0.148230

 

Pound sterling

11.3

0.1110

 

1.54350

 

0.171329

 

U.S. dollar

41.9

0.6600

 

1.00000

 

0.660000

 


SDR1 = US$ 3

 

 

 

 

1.54003

 


1 Currency amounts are based on average exchange rates for a period from October 1 to December 30, 2010.

2The exchange rate for the Japanese yen is expressed in terms of currency units per U.S. dollar; other rates are expressed as U.S. dollars per currency unit.

3 The value in U.S. dollars of one SDR, rounded to six significant digits.