Iceland - DEC alternative conversion factor

DEC alternative conversion factor (LCU per US$)

DEC alternative conversion factor (LCU per US$) in Iceland was 135.42 as of 2020. Its highest value over the past 60 years was 135.42 in 2020, while its lowest value was 0.36 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 0.36
1961 0.40
1962 0.43
1963 0.43
1964 0.43
1965 0.43
1966 0.43
1967 0.44
1968 0.62
1969 0.88
1970 0.88
1971 0.88
1972 0.88
1973 0.90
1974 1.00
1975 1.54
1976 1.82
1977 1.99
1978 2.71
1979 3.53
1980 4.80
1981 7.22
1982 12.35
1983 24.84
1984 31.69
1985 41.51
1986 41.10
1987 38.68
1988 43.01
1989 57.04
1990 58.28
1991 59.00
1992 57.55
1993 67.60
1994 69.94
1995 64.69
1996 66.50
1997 70.90
1998 70.96
1999 72.34
2000 78.62
2001 97.42
2002 91.66
2003 76.71
2004 70.19
2005 62.98
2006 70.18
2007 64.06
2008 87.95
2009 123.64
2010 122.24
2011 115.95
2012 125.08
2013 122.18
2014 116.77
2015 131.92
2016 120.81
2017 106.84
2018 108.30
2019 122.61
2020 135.42

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices