Faroe Islands vs Trinidad and Tobago: DEC alternative conversion factor
DEC alternative conversion factor over time
- Faroe Islands
- Trinidad and Tobago
How they compare
Faroe Islands currently reports 6.89 LCU per US$ against 6.75 LCU per US$ in Trinidad and Tobago, a difference of 0.14 LCU per US$.
The two have swapped places 6 times across 60 shared years of data; in 1965 it was Faroe Islands ahead.
Faroe Islands ranks 116th and Trinidad and Tobago ranks 117th of 213 countries.
Across the 7 decades both report, Faroe Islands averaged higher in 5 and Trinidad and Tobago in 2.
Head to head by decade
| Decade | Faroe Islands | Trinidad and Tobago | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 7.15 LCU per US$ | 1.83 LCU per US$ | 5.32 LCU per US$ | Faroe Islands |
| 1970s | 6.26 LCU per US$ | 2.17 LCU per US$ | 4.09 LCU per US$ | Faroe Islands |
| 1980s | 8.02 LCU per US$ | 2.97 LCU per US$ | 5.04 LCU per US$ | Faroe Islands |
| 1990s | 6.31 LCU per US$ | 5.48 LCU per US$ | 0.832 LCU per US$ | Faroe Islands |
| 2000s | 6.47 LCU per US$ | 6.29 LCU per US$ | 0.1795 LCU per US$ | Faroe Islands |
| 2010s | 6.11 LCU per US$ | 6.54 LCU per US$ | 0.4357 LCU per US$ | Trinidad and Tobago |
| 2020s | 6.74 LCU per US$ | 6.75 LCU per US$ | 0.0149 LCU per US$ | Trinidad and Tobago |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Faroe Islands or Trinidad and Tobago?
- Faroe Islands, at 6.89 LCU per US$ against 6.75 LCU per US$ in Trinidad and Tobago as of 2024.
- What is the difference in dec alternative conversion factor between Faroe Islands and Trinidad and Tobago?
- 0.14 LCU per US$, with Faroe Islands ahead.
- How many years of comparable data are there for Faroe Islands and Trinidad and Tobago?
- 60 years are reported by both, from 1965 to 2024.
- How do Faroe Islands and Trinidad and Tobago rank globally for dec alternative conversion factor?
- Faroe Islands ranks 116th and Trinidad and Tobago ranks 117th of 213 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.