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

DEC alternative conversion factor (LCU per US$) in Pakistan was 158.24 as of 2020. Its highest value over the past 60 years was 158.24 in 2020, while its lowest value was 4.76 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 4.76
1961 4.76
1962 4.76
1963 4.76
1964 4.76
1965 4.76
1966 4.76
1967 4.76
1968 4.76
1969 4.76
1970 4.76
1971 4.76
1972 5.81
1973 10.57
1974 9.90
1975 9.90
1976 9.90
1977 9.90
1978 9.90
1979 9.90
1980 9.90
1981 9.90
1982 10.55
1983 12.70
1984 13.48
1985 15.16
1986 16.13
1987 17.17
1988 17.56
1989 19.16
1990 21.39
1991 22.37
1992 24.78
1993 25.90
1994 30.08
1995 30.77
1996 33.48
1997 38.89
1998 43.05
1999 46.66
2000 51.74
2001 58.22
2002 61.58
2003 58.57
2004 57.57
2005 59.36
2006 59.86
2007 60.63
2008 62.55
2009 78.50
2010 83.92
2011 85.57
2012 89.34
2013 96.82
2014 103.00
2015 101.43
2016 104.34
2017 104.81
2018 110.04
2019 136.48
2020 158.24

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