Special Drawing Rights, Quarterly
XFORSD01ATQ194N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,078,319,340.00
Year-over-Year Change
34.89%
Date Range
1/1/1957 - 10/1/2014
Summary
The Special Drawing Rights (SDR) Quarterly trend measures the value of the International Monetary Fund's reserve asset, which serves as a supplementary international reserve asset for member countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The SDR is an international reserve asset created by the IMF to supplement the official reserves of its member countries. It represents a claim to currency held by IMF member countries and can be exchanged for those currencies.
Methodology
The SDR value is calculated daily based on a weighted basket of the U.S. dollar, euro, Chinese renminbi, Japanese yen, and British pound.
Historical Context
The SDR trend is used by policymakers, economists, and investors to monitor global reserve levels and international monetary system developments.
Key Facts
- The SDR was created by the IMF in 1969.
- The SDR basket is reviewed and adjusted every 5 years.
- Over 200 billion SDRs are currently allocated globally.
FAQs
Q: What does this economic trend measure?
A: The Special Drawing Rights (SDR) Quarterly trend measures the value of the IMF's international reserve asset used to supplement the official reserves of member countries.
Q: Why is this trend relevant for users or analysts?
A: The SDR trend is an important indicator of global reserve levels and the health of the international monetary system, which is closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The SDR value is calculated daily by the IMF based on a weighted basket of the U.S. dollar, euro, Chinese renminbi, Japanese yen, and British pound.
Q: How is this trend used in economic policy?
A: The SDR trend is used by the IMF, central banks, and other institutions to assess global reserve adequacy and guide international monetary policy decisions.
Q: Are there update delays or limitations?
A: The SDR data is published quarterly with a short delay, and the currency basket composition is reviewed and adjusted by the IMF every 5 years.
Related Trends
Harmonized Index of Consumer Prices: Passenger Transport by Road for Austria
CP0732ATM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Austria
AUTCPSDCTGYCTGYM
International Trade: Imports: Value (Goods): Total for Austria
XTIMVA01ATQ188S
Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: USD: National Currency for Austria
CCUSSP01ATA650N
Producer Prices Index: Economic Activities: Energy: Total for Austria
AUTPIEAEN01GPM
Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Austria
LFEASETTATA647N
Citation
U.S. Federal Reserve, Special Drawing Rights, Quarterly (XFORSD01ATQ194N), retrieved from FRED.