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Which currencies are used to calculate the value of a Special Drawing Right?
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International Monetary Fund
A view of the International Monetary Fund headquarters, Washington, D.C.
The value of a Special Drawing Right (SDR) is calculated based on a weighted basket of five major international currencies. While some older documentation may refer to a four-currency basket, the International Monetary Fund expanded this to include the Chinese renminbi in 2016.1
The currencies currently used to determine the value of the SDR are:
- U.S. dollar
- Euro
- Chinese renminbi
- British pound sterling
- Japanese yen
These currencies are selected based on their status as the most prominent global currencies used in international trade and finance.12