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Easily convert YER to XDR with ConvertOnline's efficient tool.
The Yemeni Rial (YER) is the official currency of Yemen, introduced in 1990 after the unification of North and South Yemen. As a fiat currency, it is issued by the Central Bank of Yemen and plays a crucial role in facilitating trade and economic transactions within the country.
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.