DEC alternative conversion factor in Cyprus
Cyprus: DEC alternative conversion factor was 0.885 LCU per US$ in 2025. ▬ Flat
Latest (2025)
0.885 LCU per US$
Change on year
down 4.2%
World rank
180th
of 215 countries
All-time high
1.1 LCU per US$
in 2001
All-time low
0.603 LCU per US$
in 1980
Years of data
56
1970–2025
DEC alternative conversion factor in Cyprus, 1970–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
In 2025, dec alternative conversion factor in Cyprus stood at 0.885 LCU per US$.
That represents a change of down 4.2% on the previous year and down 1.8% over ten years.
Over the whole period, dec alternative conversion factor in Cyprus peaked at 1.1 LCU per US$ in 2001 and was at its lowest, 0.603 LCU per US$, in 1980.
That places Cyprus 180th out of 215 countries with data for 2025, putting it in the bottom quarter.
DEC alternative conversion factor in Cyprus, year by year
| Year | LCU per US$ | Change |
|---|---|---|
| 1970 | 0.9706 LCU per US$ | — |
| 1971 | 0.9483 LCU per US$ | -2.3% |
| 1972 | 0.8888 LCU per US$ | -6.3% |
| 1973 | 0.8591 LCU per US$ | -3.3% |
| 1974 | 0.8979 LCU per US$ | +4.5% |
| 1975 | 0.8963 LCU per US$ | -0.2% |
| 1976 | 0.9903 LCU per US$ | +10.5% |
| 1977 | 0.9837 LCU per US$ | -0.7% |
| 1978 | 0.8977 LCU per US$ | -8.7% |
| 1979 | 0.835 LCU per US$ | -7.0% |
| 1980 | 0.603 LCU per US$ | -27.8% |
| 1981 | 0.717 LCU per US$ | +18.9% |
| 1982 | 0.811 LCU per US$ | +13.1% |
| 1983 | 0.899 LCU per US$ | +10.9% |
| 1984 | 1 LCU per US$ | +11.6% |
| 1985 | 1.04 LCU per US$ | +3.9% |
| 1986 | 0.885 LCU per US$ | -15.1% |
| 1987 | 0.821 LCU per US$ | -7.2% |
| 1988 | 0.797 LCU per US$ | -2.9% |
| 1989 | 0.845 LCU per US$ | +6.0% |
| 1990 | 0.781 LCU per US$ | -7.6% |
| 1991 | 0.792 LCU per US$ | +1.4% |
| 1992 | 0.767 LCU per US$ | -3.2% |
| 1993 | 0.849 LCU per US$ | +10.7% |
| 1994 | 0.84 LCU per US$ | -1.1% |
| 1995 | 0.773 LCU per US$ | -8.0% |
| 1996 | 0.797 LCU per US$ | +3.1% |
| 1997 | 0.877 LCU per US$ | +10.0% |
| 1998 | 0.884 LCU per US$ | +0.8% |
| 1999 | 0.927 LCU per US$ | +4.9% |
| 2000 | 1.06 LCU per US$ | +14.5% |
| 2001 | 1.1 LCU per US$ | +3.5% |
| 2002 | 1.04 LCU per US$ | -5.3% |
| 2003 | 0.883 LCU per US$ | -15.1% |
| 2004 | 0.8 LCU per US$ | -9.4% |
| 2005 | 0.8041 LCU per US$ | +0.5% |
| 2006 | 0.7971 LCU per US$ | -0.9% |
| 2007 | 0.7306 LCU per US$ | -8.3% |
| 2008 | 0.6799 LCU per US$ | -6.9% |
| 2009 | 0.717 LCU per US$ | +5.4% |
| 2010 | 0.7543 LCU per US$ | +5.2% |
| 2011 | 0.7184 LCU per US$ | -4.8% |
| 2012 | 0.7783 LCU per US$ | +8.3% |
| 2013 | 0.7529 LCU per US$ | -3.3% |
| 2014 | 0.7527 LCU per US$ | -0.0% |
| 2015 | 0.9013 LCU per US$ | +19.7% |
| 2016 | 0.9034 LCU per US$ | +0.2% |
| 2017 | 0.8852 LCU per US$ | -2.0% |
| 2018 | 0.8468 LCU per US$ | -4.3% |
| 2019 | 0.8933 LCU per US$ | +5.5% |
| 2020 | 0.8755 LCU per US$ | -2.0% |
| 2021 | 0.8455 LCU per US$ | -3.4% |
| 2022 | 0.9496 LCU per US$ | +12.3% |
| 2023 | 0.9248 LCU per US$ | -2.6% |
| 2024 | 0.9239 LCU per US$ | -0.1% |
| 2025 | 0.885 LCU per US$ | -4.2% |
Cyprus compared with similar countries
- Cyprus's 0.885 LCU per US$ is below the median for high income countries, which is 1 LCU per US$, 88% of the median. (83 countries reporting)
- Cyprus's 0.885 LCU per US$ is below the median for Europe & Central Asia, which is 0.8861 LCU per US$, 100% of the median. (56 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9168 LCU per US$ | 0.835 LCU per US$ | 0.9903 LCU per US$ | 10 |
| 1980s | 0.8423 LCU per US$ | 0.603 LCU per US$ | 1.04 LCU per US$ | 10 |
| 1990s | 0.8287 LCU per US$ | 0.767 LCU per US$ | 0.927 LCU per US$ | 10 |
| 2000s | 0.8611 LCU per US$ | 0.6799 LCU per US$ | 1.1 LCU per US$ | 10 |
| 2010s | 0.8187 LCU per US$ | 0.7184 LCU per US$ | 0.9034 LCU per US$ | 10 |
| 2020s | 0.9007 LCU per US$ | 0.8455 LCU per US$ | 0.9496 LCU per US$ | 6 |
Countries ranked near Cyprus
- 178 Bulgaria 0.8871 LCU per US$ compare
- 179 Saint Martin (French part) 0.885 LCU per US$ compare
- 180 Andorra 0.885 LCU per US$ compare
- 180 Austria 0.885 LCU per US$ compare
- 180 Belgium 0.885 LCU per US$ compare
- 180 Croatia 0.885 LCU per US$ compare
- 180 Estonia 0.885 LCU per US$ compare
- 180 Finland 0.885 LCU per US$ compare
- 180 France 0.885 LCU per US$ compare
- 180 Germany 0.885 LCU per US$ compare
- 180 Greece 0.885 LCU per US$ compare
- 180 Ireland 0.885 LCU per US$ compare
- 180 Italy 0.885 LCU per US$ compare
- 180 Kosovo 0.885 LCU per US$ compare
- 180 Latvia 0.885 LCU per US$ compare
- 180 Lithuania 0.885 LCU per US$ compare
- 180 Luxembourg 0.885 LCU per US$ compare
- 180 Malta 0.885 LCU per US$ compare
- 180 Monaco 0.885 LCU per US$ compare
- 180 Montenegro 0.885 LCU per US$ compare
- 180 Netherlands 0.885 LCU per US$ compare
- 180 Portugal 0.885 LCU per US$ compare
- 180 San Marino 0.885 LCU per US$ compare
- 180 Slovakia 0.885 LCU per US$ compare
- 180 Slovenia 0.885 LCU per US$ compare
- 180 Spain 0.885 LCU per US$ compare
- 180 Kosovo (UNSCR 1244) 0.885 LCU per US$ compare
More economy & growth data for Cyprus
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.45 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.98 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.57 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.038 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,144 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.16 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 122.17 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.2708 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 8,144 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 41.22 % change on previous year (2025)
Frequently asked questions
- What is dec alternative conversion factor in Cyprus?
- Dec alternative conversion factor in Cyprus was 0.885 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in Cyprus?
- The highest recorded value was 1.1 LCU per US$ in 2001.
- What is the lowest dec alternative conversion factor recorded in Cyprus?
- The lowest recorded value was 0.603 LCU per US$ in 1980.
- How does Cyprus rank for dec alternative conversion factor?
- Cyprus ranks 180th out of 215 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in Cyprus?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is flat.
- Where does this Cyprus data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
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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.