Iraq has no Peg to the SDR as of Yet...
Quote:
Originally Posted by
dinartank
This may be a stupid question...im not very good a math it was my worst subject...but anyway has anyone tried this formula with any other currency? Can anyone plug in the sdr numbers for say the country of say saudi arabi to this formula and see if in deed we are onto something...do i make any sense?
But the Countries that do, are already figured for you here: SDRs per Currency unit for May 2007 Saudi Arabian Riyal, is there as well.
Notes:
The value of the U.S. dollar in terms of the SDR is the reciprocal of the sum of the dollar values, based on market exchange rates, of specified quantities of the first four currencies shown. See SDR Valuation.
The value in terms of the SDR of each of the other currencies is derived from that currency's representative exchange rate against the U.S. dollar as reported by the issuing central bank and the SDR value of the U.S. dollar, except for the Iranian rial and the Libyan dinar, the values of which are officially expressed directly in terms of domestic currency units per SDR. All figures are rounded to six significant digits. See Representative Exchange Rates for Selected Currencies.
The value in terms of each national currency of the SDR (shown above) is the reciprocal of the value in terms of the SDR of each national currency, rounded to six significant digits.
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