Illustrative Currency Amounts in New Special Drawing Right (SDR) Basket
As of July 25, 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 July 25, 2016. Details of the calculations are in this Excel file.
Table 1. Calculation of Illustrative Currency Amounts
(Assumed Transition Date = July 25, 2016)
| Currency | Percentage Weights1 | Base Period Average Exchange Rates (BEX)2 | Transition Date Exchange Rates (TEX) on July 25, 2016 |
Illustrative Currency Amounts3 | U.S. Dollar Equivalents on July 25, 2016 |
|---|---|---|---|---|---|
| U.S. dollar | 41.73 | 1 | 1 | 0.58545 | 0.585450 |
| Euro | 30.93 | 1.12234 | 1.0989 | 0.38662 | 0.424857 |
| Chinese yuan | 10.92 | 0.151498 | 0.149530 | 1.0112 | 0.151205 |
| Japanese yen | 8.33 | 0.00939707 | 0.00940822 | 12.436 | 0.117001 |
| Pound sterling | 8.09 | 1.40700 | 1.3131 | 0.080665 | 0.105921 |
| SDR1 = US$ 1.384434 | |||||
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Source: IMF Finance Department 1/ See Decision No. 15891-(15/109), adopted on November 30, 2015. 2/ Calculation based on average exchange rates for the three-month period up to July 25, 2016. 3/ An adjustment of 0.00001 was applied to the U.S. dollar currency amount to meet the equality condition. See Currency Amounts in the SDR Basket - Proposed Changes to the Rounding Methodology (July 13, 2016) for details of 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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