Illustrative Currency Amounts in New Special Drawing Right (SDR) Basket
As of July 15, 2022
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 15, 2022. Details of the calculations are in this Excel file.
Table 1. Calculation of Illustrative Currency Amounts
Currency | Percentage Weights1 | Base Period Average Exchange Rates (BEX)2 | Transition Date Exchange Rates (TEX) on July 15, 2022 | Illustrative Currency Amounts3 | U.S. Dollar Equivalents on July 15, 2022 |
U.S. dollar | 43.38 | 1 | 1 | 0.58071 | 0.580710 |
Euro | 29.31 | 1.05326 | 1.00575 | 0.37251 | 0.374652 |
Chinese yuan | 12.28 | 0.149680 | 0.147727 | 1.0982 | 0.162234 |
Japanese yen | 7.59 | 0.00759356 | 0.00721007 | 13.380 | 0.096471 |
Pound sterling | 7.44 | 1.23810 | 1.18395 | 0.080442 | 0.095239 |
SDR1 = US$ 1.3093104 | |||||
Source: IMF Finance Department 1/ See Decision No. 17247-(22/44), adopted on May 11, 2022. 2/ Calculation is based on average exchange rates for the three-month period up to July 15, 2022. 3/ Per Decision No. 16033-(16/71), an adjustment of 0.00001 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. For details on calculation and rounding of currency amounts, see http://www.imf.org/external/pp/longres.aspx?id=5055. 4/ The value in U.S. dollars of one SDR, rounded to six significant digits. |