Burundi - DEC alternative conversion factor (LCU per US$)

DEC alternative conversion factor (LCU per US$) in Burundi was 2,195.65 as of 2020. Its highest value over the past 60 years was 2,195.65 in 2020, while its lowest value was 50.00 in 1960.

Definition: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.

Source: International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.

See also:

Year Value
1960 50.00
1961 50.00
1962 50.00
1963 50.00
1964 50.00
1965 84.38
1966 87.50
1967 87.50
1968 87.50
1969 87.50
1970 87.50
1971 87.50
1972 87.50
1973 80.03
1974 78.75
1975 78.75
1976 86.25
1977 90.00
1978 90.00
1979 90.00
1980 90.00
1981 90.00
1982 90.00
1983 92.95
1984 119.71
1985 120.69
1986 114.17
1987 123.56
1988 140.40
1989 158.67
1990 171.26
1991 181.51
1992 208.30
1993 242.80
1994 252.66
1995 249.76
1996 302.75
1997 352.35
1998 447.77
1999 563.56
2000 720.67
2001 830.35
2002 930.75
2003 1,082.62
2004 1,100.91
2005 1,081.58
2006 1,028.68
2007 1,081.87
2008 1,185.69
2009 1,230.18
2010 1,230.75
2011 1,261.07
2012 1,442.51
2013 1,555.09
2014 1,546.69
2015 1,571.90
2016 1,791.97
2017 1,995.89
2018 2,029.04
2019 2,112.76
2020 2,195.65

Statistical Concept and Methodology: The World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. An alternative conversion factor is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate effectively applied to domestic transactions of foreign currencies and traded products. This applies to only a small number of countries, as shown in the country-level metadata. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.

Periodicity: Annual

General Comments: In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices