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Easily convert XDR to XCD with ConvertOnline's efficient tool.
Special Drawing Rights (XDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. It is not a currency in the traditional sense but rather a financial instrument that can be exchanged among member countries for freely usable currencies to stabilize their economies and support international trade.
The East Caribbean Dollar (XCD) is the official currency used by eight countries and territories in the Eastern Caribbean region. It is managed by the Eastern Caribbean Central Bank (ECCB) and is pegged to the US dollar, which provides stability and confidence in its value across the region.