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

DEC alternative conversion factor (LCU per US$) in Rwanda was 943.14 as of 2020. Its highest value over the past 60 years was 943.14 in 2020, while its lowest value was 50.00 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 50.00
1961 50.00
1962 50.00
1963 50.00
1964 50.00
1965 50.00
1966 87.50
1967 100.00
1968 100.00
1969 100.00
1970 100.00
1971 99.71
1972 92.11
1973 83.92
1974 92.98
1975 92.28
1976 97.01
1977 95.94
1978 89.49
1979 86.69
1980 86.06
1981 87.16
1982 93.06
1983 96.09
1984 100.23
1985 101.24
1986 87.59
1987 79.46
1988 76.45
1989 80.15
1990 83.70
1991 125.16
1992 133.94
1993 144.24
1994 220.00
1995 262.18
1996 306.82
1997 301.53
1998 312.31
1999 333.94
2000 389.70
2001 442.99
2002 475.37
2003 537.66
2004 577.45
2005 557.82
2006 551.71
2007 546.96
2008 546.85
2009 568.28
2010 583.13
2011 600.31
2012 614.30
2013 646.64
2014 681.86
2015 719.86
2016 787.25
2017 831.53
2018 861.18
2019 899.46
2020 943.14

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