Bitcoin Forum
April 24, 2014, 01:11:20 AM *
News: Due to the OpenSSL heartbleed bug, changing your forum password is recommended.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: How one can calculate current exchange rate between BTC and SDR ?  (Read 1522 times)
ArsenShnurkov
Hero Member
*****
Offline Offline

Activity: 1176



View Profile WWW

Ignore
April 25, 2011, 02:51:00 PM
 #1

SDR
1398301880
Hero Member
*
Offline Offline

Posts: 1398301880

View Profile Personal Message (Offline)

Ignore
1398301880
Reply with quote  #2

1398301880
Report to moderator
1398301880
Hero Member
*
Offline Offline

Posts: 1398301880

View Profile Personal Message (Offline)

Ignore
1398301880
Reply with quote  #2

1398301880
Report to moderator

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1398301880
Hero Member
*
Offline Offline

Posts: 1398301880

View Profile Personal Message (Offline)

Ignore
1398301880
Reply with quote  #2

1398301880
Report to moderator
1398301880
Hero Member
*
Offline Offline

Posts: 1398301880

View Profile Personal Message (Offline)

Ignore
1398301880
Reply with quote  #2

1398301880
Report to moderator
1398301880
Hero Member
*
Offline Offline

Posts: 1398301880

View Profile Personal Message (Offline)

Ignore
1398301880
Reply with quote  #2

1398301880
Report to moderator
1398301880
Hero Member
*
Offline Offline

Posts: 1398301880

View Profile Personal Message (Offline)

Ignore
1398301880
Reply with quote  #2

1398301880
Report to moderator
kiba
Hero Member
*****
Offline Offline

Activity: 980


View Profile

Ignore
April 25, 2011, 06:11:40 PM
 #2

You need to first establish a market for it, or at least somebody starts selling SDR for bitcoin.

davux
Sr. Member
****
Offline Offline

Activity: 289


Firstbits.com/1davux


View Profile WWW

Ignore
April 25, 2011, 07:31:55 PM
 #3

You need to first establish a market for it, or at least somebody starts selling SDR for bitcoin.

You can also agree on a price using an intermediate currency, typically USD.

By the way, I think it would be useful to have a tool to quickly convert between BTC and any arbitrary currency, using an intermediate one if necessary. I have the very same problem with MXN (mexican pesos).

1DavuxH9tLqU4c7zvG387aTG4mA7BcRpp2
México (Oaxaca) – France - Leeds
abyssobenthonic
Jr. Member
*
Offline Offline

Activity: 56


View Profile

Ignore
April 26, 2011, 02:09:46 AM
 #4

All you'd need is a JPY price and you can directly calculate the value... 1 SDR is USD 0.66 plus EUR 0.423 plus GBP 0.111 plus JPY 12.10... JPY represents about 9.4% of the SDR's value, so you could get a rough approximation (barring dramatic changes in the yen's value) from something like

1 SDR=1.10375*(0.66*BTC/USD+0.423*(BTC/EUR)+0.111*(BTC/GBP))

which would give 1 SDR=0.9869 BTC (from 1 BTC=USD 1.574 (last 24h), 1 BTC=EUR 1.30 (last 24h), and 1 BTC=GBP 0.7428 (last 7d)) or 1 BTC=1.013 SDR.

14wSP6EF4RQ1wW2wcgGi9tDh6MB6tQm3sg
FooDSt4mP
SCAMMER
Full Member
*****
Offline Offline

Activity: 182


View Profile

Ignore
April 26, 2011, 02:11:32 AM
 #5

All you'd need is a JPY price and you can directly calculate the value... 1 SDR is USD 0.66 plus EUR 0.423 plus GBP 0.111 plus JPY 12.10... JPY represents about 9.4% of the SDR's value, so you could get a rough approximation (barring dramatic changes in the yen's value) from something like

1 SDR=1.10375*(0.66*BTC/USD+0.423*(BTC/EUR)+0.111*(BTC/GBP))

which would give 1 SDR=0.9869 BTC (from 1 BTC=USD 1.574 (last 24h), 1 BTC=EUR 1.30 (last 24h), and 1 BTC=GBP 0.7428 (last 7d)) or 1 BTC=1.013 SDR.

MagicalTux you're in Japan... where's the Yen exchange?

As we slide down the banister of life, this is just another splinter in our ass.
Stephen Gornick
Hero Member
*****
Offline Offline

Activity: 1246



View Profile WWW

Ignore
May 17, 2012, 04:42:08 PM
 #6

Heh, I just learned that the U.S. postal service lists SDR/USD conversion tables:

 - http://pe.usps.com/text/imm/immc3_007.htm

 - http://www.imf.org/external/np/fin/data/rms_sdrv.aspx

molecular
Donator
Hero Member
*
Offline Offline

Activity: 1190



View Profile

Ignore
May 18, 2012, 06:58:37 PM
 #7

so SDR are currently a mix of some fiat currencies?

I bet govts will try to stuff that down our throats as the "new reformed global currency" with "watertight regulated central world bank".

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!