Latvia vs Monaco: DEC alternative conversion factor

Latvia
0.885 LCU per US$
in 2025
Monaco
0.885 LCU per US$
in 2025
Latvia rank
180th
Monaco rank
180th

DEC alternative conversion factor over time

  • Latvia
  • Monaco
00.511.5197019972025

How they compare

Latvia currently reports 0.885 LCU per US$ against 0.885 LCU per US$ in Monaco, a difference of 0 LCU per US$.

The two have swapped places 6 times across 31 shared years of data; in 1995 it was Monaco ahead.

Latvia ranks 180th and Monaco ranks 180th of 214 countries.

Across the 4 decades both report, Latvia averaged higher in 1 and Monaco in 2.

Head to head by decade

Decade Latvia Monaco Difference Ahead
1990s 0.7967 LCU per US$ 0.8537 LCU per US$ 0.057 LCU per US$ Monaco
2000s 0.7953 LCU per US$ 0.8672 LCU per US$ 0.0718 LCU per US$ Monaco
2010s 0.8189 LCU per US$ 0.8187 LCU per US$ 0.0002 LCU per US$ Latvia
2020s 0.9007 LCU per US$ 0.9007 LCU per US$ 0 LCU per US$

Averages of every year both report within each decade.

Frequently asked questions

Which has higher dec alternative conversion factor, Latvia or Monaco?
Latvia, at 0.885 LCU per US$ against 0.885 LCU per US$ in Monaco as of 2025.
What is the difference in dec alternative conversion factor between Latvia and Monaco?
0 LCU per US$, with Latvia ahead.
How many years of comparable data are there for Latvia and Monaco?
31 years are reported by both, from 1995 to 2025.
How do Latvia and Monaco rank globally for dec alternative conversion factor?
Latvia ranks 180th and Monaco ranks 180th of 214 countries.
Where does this data come from?
International Financial Statistics database, International Monetary Fund (IMF), published as DEC alternative conversion factor (LCU per US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
DEC alternative conversion factor (LCU per US$)
Unit
LCU per US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 12,592 data points, 1960–2025
Last refreshed

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.