For the best answers, search on this site https://shorturl.im/S6Lim. The song War was written by Norman Whitfield and Barrett Strong for the Temptations in 1969. A year later, Edwin Starr sang the song we are all familiar with today and it hit #1 on Billboard in 1970. So the Temptations did in fact sing it first, but never had a big hit with it. Lisa Â· 5 months ago.
The Typical Duration of a World Reserve Currency. The reserve currency transition is a cycle that has typically lasted in history somewhere between 80 to 110 years. Officially, the US dollar has been the reserve currency for 68 years. However, the US dollar was used in trade much before, since the 1920âs in fact.
The SDR currency value is calculated daily (except on IMF holidays or whenever the IMF is closed for business) and the valuation basket is reviewed and adjusted every five years. Currency Amounts in New Special Drawing Rights (SDR) Basket.. IMF Rule O-2(a) defines the value of the U.S. dollar in terms of the SDR as the reciprocal of the sum of the equivalents in U.S. dollars of the amounts of the currencies in the SDR basket, rounded to six significant digits.