Malawi vs Nigeria: DEC alternative conversion factor
DEC alternative conversion factor over time
- Malawi
- Nigeria
How they compare
Malawi currently reports 1,751 LCU per US$ against 1,518 LCU per US$ in Nigeria, a difference of 233 LCU per US$.
That makes Malawi's figure about 1.2 times Nigeria's.
The two have swapped places 11 times across 66 shared years of data; in 1960 it was Nigeria ahead.
Malawi ranks 23rd and Nigeria ranks 24th of 215 countries.
Across the 7 decades both report, Malawi averaged higher in 3 and Nigeria in 4.
Head to head by decade
| Decade | Malawi | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0.7391 LCU per US$ | 0.7143 LCU per US$ | 0.0248 LCU per US$ | Malawi |
| 1970s | 0.8467 LCU per US$ | 0.8781 LCU per US$ | 0.0315 LCU per US$ | Nigeria |
| 1980s | 1.65 LCU per US$ | 3.32 LCU per US$ | 1.67 LCU per US$ | Nigeria |
| 1990s | 14.45 LCU per US$ | 26.13 LCU per US$ | 11.69 LCU per US$ | Nigeria |
| 2000s | 109.09 LCU per US$ | 124.66 LCU per US$ | 15.58 LCU per US$ | Nigeria |
| 2010s | 477.12 LCU per US$ | 213.51 LCU per US$ | 263.6 LCU per US$ | Malawi |
| 2020s | 1,192 LCU per US$ | 803.47 LCU per US$ | 388.98 LCU per US$ | Malawi |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher dec alternative conversion factor, Malawi or Nigeria?
- Malawi, at 1,751 LCU per US$ against 1,518 LCU per US$ in Nigeria as of 2025.
- What is the difference in dec alternative conversion factor between Malawi and Nigeria?
- 233 LCU per US$, with Malawi ahead.
- How many years of comparable data are there for Malawi and Nigeria?
- 66 years are reported by both, from 1960 to 2025.
- How do Malawi and Nigeria rank globally for dec alternative conversion factor?
- Malawi ranks 23rd and Nigeria ranks 24th of 215 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as DEC alternative conversion factor (LCU per US$). 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.