Philippines - DEC alternative conversion factor

DEC alternative conversion factor (LCU per US$)

DEC alternative conversion factor (LCU per US$) in Philippines was 49.62 as of 2020. Its highest value over the past 60 years was 56.04 in 2004, while its lowest value was 2.02 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 2.02
1961 2.02
1962 3.73
1963 3.91
1964 3.91
1965 3.91
1966 3.90
1967 3.90
1968 3.90
1969 3.90
1970 5.90
1971 6.43
1972 6.67
1973 6.76
1974 6.79
1975 7.25
1976 7.44
1977 7.40
1978 7.37
1979 7.38
1980 7.51
1981 7.90
1982 8.54
1983 11.11
1984 16.70
1985 18.61
1986 20.39
1987 20.57
1988 21.09
1989 21.74
1990 24.31
1991 27.48
1992 25.51
1993 27.12
1994 26.42
1995 25.71
1996 26.22
1997 29.47
1998 40.89
1999 39.09
2000 44.19
2001 50.99
2002 51.60
2003 54.20
2004 56.04
2005 55.09
2006 51.31
2007 46.15
2008 44.32
2009 47.68
2010 45.11
2011 43.31
2012 42.23
2013 42.45
2014 44.40
2015 45.50
2016 47.49
2017 50.40
2018 52.66
2019 51.80
2020 49.62

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices