IMF Special Drawing Rights overview

Special drawing rights (ISO 4217 currency code XDR, also abbreviated SDR) are supplementary foreign-exchange reserve assets defined and maintained by the International Monetary Fund (IMF). The XDR is the unit of account for the IMF, and is not a currency per se. XDRs instead represent a claim to currency held by IMF member countries for which they may be exchanged. The XDR was created in 1969 to supplement a shortfall of preferred foreign-exchange reserve assets, namely gold and the U.S. dollar.XDRs are allocated to countries by the IMF. Private parties do not hold or use them. The amount of XDRs in existence was around XDR 21.4 billion in August 2009. During the global financial crisis of 2009, an additional XDR 182.6 billion were allocated to "provide liquidity to the global economic system and supplement member countries’ official reserves". By October 2014, the amount of XDRs in existence was XDR 204 billion.The value of the XDR is based on a basket of key international currencies reviewed by IMF every five years. The weights assigned to each currency in the XDR basket are adjusted to take into account their current prominence in terms of international trade and national foreign exchange reserves. In the review conducted in November 2015, the IMF decided that the Renminbi (Chinese yuan) would be added to the basket effective October 1, 2016. From that date, the XDR basket now consists of the following five currencies: U.S. dollar 41.73%, Euro 30.93%, Renminbi (Chinese yuan) 10.92%, Japanese yen 8.33%, British pound 8.09%.

1 XDR to USD exchange rates chart

XDR to  exchange rates chart

IMF Special Drawing Rights exchange rates table

Exchange IMF Special Drawing Rights Buy XDR Rate Sell XDR Rate
British Pound 0.938 1.066
Euro 0.810 1.234
Australian Dollar 0.508 1.969
Canadian Dollar 0.538 1.860
Japanese Yen 0.006 154.115
US Dollar 0.721 1.387

IMF Special Drawing Rights news tweets

IMF Special Drawing Rights added 1 tweet
2019-03-15 15:50:23 UTC
RT @Kevin_Shipp: One of the largest world banks is going digital currency. Digital currency will be the mark of the new global econo… https://t.co/l8Af5grHkn
IMF Special Drawing Rights added 1 tweet
2019-03-15 19:35:48 UTC
@888Velvet @_Crypto_Maniac_ @GoodTexture And like they said in The Economist "global currency system would be launc… https://t.co/rpgQVR8scD
IMF Special Drawing Rights added 1 tweet
2019-03-12 19:14:43 UTC
@GoodTexture It's clear no one knows what Stellar & xlm's we're developed for. If anyone really wants to know the t… https://t.co/ygAsva2cL1
IMF Special Drawing Rights added 1 tweet
2019-03-12 23:43:05 UTC
https://t.co/WgZjh9vBez quote from investopedia
IMF Special Drawing Rights added 1 tweet
2019-03-06 16:08:29 UTC
@fubuloubu @cburgdorf @mysticryuujin @nanexcool aka IMF special drawing rights
IMF Special Drawing Rights added 1 tweet
2019-03-01 04:15:31 UTC
RT @francispouliot_: The Facebook fiatcoin sounds an aweful lot like the IMF's Special Drawing Rights ($SDR) token.
IMF Special Drawing Rights added 1 tweet
2019-03-01 14:54:10 UTC
RT @francispouliot_: The Facebook fiatcoin sounds an aweful lot like the IMF's Special Drawing Rights ($SDR) token.
IMF Special Drawing Rights added 1 tweet
2019-03-01 22:31:14 UTC
@pam_brundige https://t.co/1SIMzdDoWa
IMF Special Drawing Rights added 1 tweet
2019-02-28 13:23:38 UTC
@BankofNamibia That is a big mistake.This will leave Namibia to the whims of the IMF through its Special Drawing Ri… https://t.co/I0YVida4X9

IMF Special Drawing Rights news videos

China's yuan, or renminbi as it's also known, could soon be the latest currency to join the IMF's elite basket of currencies making ...
UPDATES & LINKS below... Effective October 1, 2016 the RMB is determined to be a freely usable currency and will be included ...
Mates ~ This video would let you know about imminent meeting of IMF ( Dec 2015 ) and also decision by possible inclusion of ...
A a simple, concise explanation on Special Drawing Rights (SDR or XDR Exchange) by Jim Rickards, lawyer and financial ...
Ripple XRP / IMF Coming Together / Special Drawing Rights Ripple's Brad Garlinghouse and IMF's Ross Leckow : The future of ...
Special Drawing Rights SDR is the big Ripple XRP Prize. If XRP has mass adoption the they get the SDR's. Trillions of Dollars.
Professor Perry Mehrling discussing how international payments work with the IMF (and specifically how they worked before 1971 ...
Today's words: IMF, International Monetary Fund, SDRs Special drawing rights, economic assistance. This is part of my ...

IMF Special Drawing Rights news texts

Armenia’s external reserves grew by $80 million in February to $2.074.27 billion
Armenia’s external reserves grew by $80 million in February to $2.074.27 billion

Armenia’s gross external reserves at the end of February 2019 amounted to $2.074.27 billion, having increased by $80 million or 4% from the previous month, the Central Bank said | ArmBanks.am

9 days conditional neutral
OUTLOOK 2019 Iran

The Islamic Republic’s fate is wrapped up in that of Donald Trump. To throttle Iran’s economy he’ll need to stay able to project his power.

2 months conditional neutral
Jim Rickards: Gold price has been locked to SDRs and global monetary reset is under way

Since 1995, news.GoldSeek.com publishes the leading gold news commentaries, gold market updates and reports providing gold investors with the most updated gold and silver prices, news & precious metals information!

4 months conditional neutral
Dreaming About a World Reserve Bitcoin

The IMF's idea to create its own digital currency is merely interesting trivia at this point, not a threat to the U.S. dollar.

4 months conditional neutral

XDR currency converter

XDR exchange rates

100 RSD to TRY
İstanbul, Republic of Turkey.
100 RSD to TRY
İstanbul, Republic of Turkey.
100 RSD to TRY
İstanbul, Republic of Turkey.
100 THB to EUR
İstanbul, Republic of Turkey.
100 THB to EUR
İstanbul, Republic of Turkey.
100 AUD to EUR
Brussels, Kingdom of Belgium.
100 HKD to PHP
Central, Hong Kong Special Administrative Region.
100 HKD to PHP
Central, Hong Kong Special Administrative Region.
100 HKD to PHP
Central, Hong Kong Special Administrative Region.
100 HKD to PHP
Central, Hong Kong Special Administrative Region.
100 HKD to VND
Hanoi, Socialist Republic of Vietnam.
100 HKD to VND
Hanoi, Socialist Republic of Vietnam.
100 HKD to VND
Hanoi, Socialist Republic of Vietnam.
100 HKD to VND
Hanoi, Socialist Republic of Vietnam.
100 HKD to VND
Hanoi, Socialist Republic of Vietnam.
100 OMR to IDR
Johor Bahru, Malaysia.
19999 USD to BRL
Duque de Caxias, Federative Republic of Brazil.
100 MAD to EUR
İstanbul, Republic of Turkey.