Latvia - DEC alternative conversion factor

DEC alternative conversion factor (LCU per US$)

DEC alternative conversion factor (LCU per US$) in Latvia was 0.876 as of 2020. Its highest value over the past 25 years was 0.903 in 2016, while its lowest value was 0.684 in 2008.

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
1995 0.701
1996 0.784
1997 0.827
1998 0.839
1999 0.833
2000 0.863
2001 0.893
2002 0.880
2003 0.813
2004 0.769
2005 0.804
2006 0.797
2007 0.731
2008 0.684
2009 0.719
2010 0.755
2011 0.719
2012 0.778
2013 0.753
2014 0.753
2015 0.901
2016 0.903
2017 0.885
2018 0.847
2019 0.893
2020 0.876

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices