North Macedonia - DEC alternative conversion factor

DEC alternative conversion factor (LCU per US$)

DEC alternative conversion factor (LCU per US$) in North Macedonia was 54.14 as of 2020. Its highest value over the past 30 years was 68.04 in 2001, while its lowest value was 0.11 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 0.11
1991 0.20
1992 5.09
1993 23.20
1994 43.26
1995 37.88
1996 39.98
1997 50.00
1998 54.46
1999 56.90
2000 65.90
2001 68.04
2002 64.35
2003 54.32
2004 49.41
2005 49.28
2006 48.80
2007 44.73
2008 41.87
2009 44.10
2010 46.49
2011 44.23
2012 47.89
2013 46.40
2014 46.44
2015 55.54
2016 55.73
2017 54.67
2018 52.11
2019 54.95
2020 54.14

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices