Ethiopia vs New Caledonia: DEC alternative conversion factor
DEC alternative conversion factor over time
- Ethiopia
- New Caledonia
How they compare
Ethiopia currently reports 119.46 LCU per US$ against 105.86 LCU per US$ in New Caledonia, a difference of 13.59 LCU per US$.
That makes Ethiopia's figure about 1.1 times New Caledonia's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was New Caledonia ahead.
Ethiopia ranks 64th and New Caledonia ranks 65th of 214 countries.
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About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.