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Special Drawing Right (SDR) Currency Exchange Rate Conversion Calculator |
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This currency convertor is up to date with exchange rates from May 21, 2013.
Enter the amount to be converted in the box to the left of the currency and press the "convert" button. To show Special Drawing Rights and just one other currency click on any other currency.
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The exchange rate for the Special Drawing Right was last updated on May 21, 2013 from The International Monetary Fund. The SDR conversion factor has 6 significant digits. |
4 comments about Special Drawing Rights conversion |
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Currency Conversion Comments
Folks,
I still have no idea as to the true meaning of SDR, but am very, very grateful for your calculator!
The clerk at my local US Post Office was no help, simply pointing to his POS computer and saying, "we plug-in the declared value, this SDR number pops-up and we write it down."
Thanks again...
this calculator should have a feature where the conversion is done at a specific date, since the rate changes over time
I really appreciate to all who are involving in this calculator it is helping me on my daily tasks
thanks
The value of the SDR was initially defined as equivalent to 0.888671 grams of fine gold—which, at the time, was also equivalent to one U.S. dollar. After the collapse of the Bretton Woods system in 1973, however, the SDR was redefined as a basket of currencies,today consisting of the euro, Japanese yen, pound sterling, and U.S. dollar. The U.S. dollar-value of the SDR is posted daily on the IMF's website. It is calculated as the sum of specific amounts of the four currencies valued in U.S. dollars, on the basis of exchange rates quoted at noon each day in the London market.
http://www.imf.org/external/np/exr/facts/sdr.HTM