The Special Drawing Right (SDR) is an international reserve asset created by the IMF in 1969. As of March 2016, 204.1 billion SDRs had been created and allocated to IMF member countries. The value of the SDR is based on a basket of five major currencies - U.S. dollar, euro, Chinese renminbi, Japanese yen, and pound sterling. SDRs can be exchanged between countries and used to supplement official reserves.