Somalia - DEC alternative conversion factor

DEC alternative conversion factor (LCU per US$)

DEC alternative conversion factor (LCU per US$) in Somalia was 25,761.00 as of 2020. Its highest value over the past 60 years was 25,761.00 in 2020, while its lowest value was 6.28 in 1973.

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 7.14
1961 7.14
1962 7.14
1963 7.14
1964 7.14
1965 7.14
1966 7.14
1967 7.14
1968 7.14
1969 7.00
1970 7.00
1971 7.13
1972 6.98
1973 6.28
1974 6.30
1975 6.30
1976 6.30
1977 13.80
1978 14.48
1979 15.24
1980 28.78
1981 31.54
1982 37.58
1983 47.77
1984 79.06
1985 99.68
1986 129.59
1987 166.45
1988 273.43
1989 512.16
1990 1,896.07
2013 19,283.80
2014 20,230.96
2015 22,254.25
2016 23,061.79
2017 23,098.66
2018 23,954.18
2019 25,063.75
2020 25,761.00

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices