Kyrgyz Republic - DEC alternative conversion factor (LCU per US$)

DEC alternative conversion factor (LCU per US$) in Kyrgyz Republic was 77.35 as of 2020. Its highest value over the past 30 years was 77.35 in 2020, while its lowest value was 0.02 in 1990.

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
1990 0.02
1991 0.04
1992 0.32
1993 2.64
1994 7.15
1995 9.72
1996 12.80
1997 17.36
1998 20.77
1999 39.02
2000 47.72
2001 48.44
2002 46.94
2003 43.71
2004 42.66
2005 41.01
2006 40.15
2007 37.32
2008 36.57
2009 42.90
2010 45.96
2011 46.14
2012 47.00
2013 48.44
2014 53.65
2015 64.46
2016 69.91
2017 68.87
2018 68.84
2019 69.79
2020 77.35

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