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DEC alternative conversion factor (LCU per US$) (DEC International) in Montenegro

Montenegro: DEC alternative conversion factor (LCU per US$) (DEC International) was 0.8871 LCU per US$ in 2025. ▼ Falling

Latest (2025)
0.8871 LCU per US$
Change on year
down 4.0%
World rank
179th
of 215 countries
All-time high
1.12 LCU per US$
in 2001
All-time low
0.6799 LCU per US$
in 2008
Years of data
29
1997–2025

DEC alternative conversion factor in Montenegro, 1997–2025

00.250.50.7511997201120251997: 0.887 LCU per US$1998: 0.896 LCU per US$1999: 0.938 LCU per US$2000: 1.1 LCU per US$2001: 1.1 LCU per US$2002: 1.1 LCU per US$2003: 0.884 LCU per US$2004: 0.804 LCU per US$2005: 0.804 LCU per US$2006: 0.796 LCU per US$2007: 0.73 LCU per US$2008: 0.68 LCU per US$2009: 0.717 LCU per US$2010: 0.754 LCU per US$2011: 0.718 LCU per US$2012: 0.778 LCU per US$2013: 0.753 LCU per US$2014: 0.753 LCU per US$2015: 0.901 LCU per US$2016: 0.903 LCU per US$2017: 0.885 LCU per US$2018: 0.847 LCU per US$2019: 0.893 LCU per US$2020: 0.876 LCU per US$2021: 0.845 LCU per US$2022: 0.95 LCU per US$2023: 0.925 LCU per US$2024: 0.924 LCU per US$2025: 0.887 LCU per US$

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.

Analysis

Montenegro recorded 0.8871 LCU per US$ for dec alternative conversion factor in 2025.

Compared with earlier readings it is down 4.0% on the previous year and down 1.6% over ten years.

Over the whole period, dec alternative conversion factor in Montenegro peaked at 1.12 LCU per US$ in 2001 and was at its lowest, 0.6799 LCU per US$, in 2008.

That places Montenegro 179th out of 215 countries with data for 2025, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 29 years of available data.

DEC alternative conversion factor (LCU per US$) (DEC International) in Montenegro, year by year

Year LCU per US$ Change
1997 0.8866 LCU per US$ —
1998 0.896 LCU per US$ +1.1%
1999 0.9383 LCU per US$ +4.7%
2000 1.08 LCU per US$ +15.4%
2001 1.12 LCU per US$ +3.1%
2002 1.06 LCU per US$ -5.3%
2003 0.884 LCU per US$ -16.4%
2004 0.8039 LCU per US$ -9.1%
2005 0.8038 LCU per US$ -0.0%
2006 0.7964 LCU per US$ -0.9%
2007 0.7297 LCU per US$ -8.4%
2008 0.6799 LCU per US$ -6.8%
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 0.9247 LCU per US$ -2.6%
2024 0.9244 LCU per US$ -0.0%
2025 0.8871 LCU per US$ -4.0%

Montenegro compared with similar countries

  • Montenegro's 0.8871 LCU per US$ is below the median for upper middle income countries, which is 15.42 LCU per US$, 6% of the median. (59 countries reporting)
  • Montenegro's 0.8871 LCU per US$ is above the median for Europe & Central Asia, which is 0.8871 LCU per US$, 1.0× the median. (56 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.907 LCU per US$ 0.8866 LCU per US$ 0.9383 LCU per US$ 3
2000s 0.8672 LCU per US$ 0.6799 LCU per US$ 1.12 LCU per US$ 10
2010s 0.8187 LCU per US$ 0.7184 LCU per US$ 0.9034 LCU per US$ 10
2020s 0.9011 LCU per US$ 0.8455 LCU per US$ 0.9496 LCU per US$ 6

Countries ranked near Montenegro

  1. 178 Bulgaria 0.8871 LCU per US$ compare
  2. 179 Kosovo (UNSCR 1244) 0.8871 LCU per US$ compare
  3. 181 Saint Martin (French Part) 0.885 LCU per US$ compare
  4. 182 Andorra 0.885 LCU per US$ compare
  5. 182 Austria 0.885 LCU per US$ compare
  6. 182 Belgium 0.885 LCU per US$ compare
  7. 182 Croatia 0.885 LCU per US$ compare
  8. 182 Cyprus 0.885 LCU per US$ compare
  9. 182 Estonia 0.885 LCU per US$ compare
  10. 182 Finland 0.885 LCU per US$ compare
  11. 182 France 0.885 LCU per US$ compare
  12. 182 Germany 0.885 LCU per US$ compare
  13. 182 Greece 0.885 LCU per US$ compare
  14. 182 Ireland 0.885 LCU per US$ compare
  15. 182 Italy 0.885 LCU per US$ compare
  16. 182 Kosovo 0.885 LCU per US$ compare
  17. 182 Latvia 0.885 LCU per US$ compare
  18. 182 Lithuania 0.885 LCU per US$ compare
  19. 182 Luxembourg 0.885 LCU per US$ compare
  20. 182 Malta 0.885 LCU per US$ compare
  21. 182 Monaco 0.885 LCU per US$ compare
  22. 182 Netherlands 0.885 LCU per US$ compare
  23. 182 Portugal 0.885 LCU per US$ compare
  24. 182 San Marino 0.885 LCU per US$ compare
  25. 182 Slovakia 0.885 LCU per US$ compare
  26. 182 Slovenia 0.885 LCU per US$ compare
  27. 182 Spain 0.885 LCU per US$ compare

See the full ranking of 216 places →

More economy & growth data for Montenegro

All data for Montenegro →

Frequently asked questions

What is dec alternative conversion factor in Montenegro?
Dec alternative conversion factor in Montenegro was 0.8871 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 Montenegro?
The highest recorded value was 1.12 LCU per US$ in 2001.
What is the lowest dec alternative conversion factor recorded in Montenegro?
The lowest recorded value was 0.6799 LCU per US$ in 2008.
How does Montenegro rank for dec alternative conversion factor?
Montenegro ranks 179th out of 215 countries with data for 2025.
Is dec alternative conversion factor rising or falling in Montenegro?
Over the last ten years it is down 1.6%. The long-run trend across the full record is falling.
Where does this Montenegro 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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Relationships involving this indicator

Comparisons with other indicators across countries. Each was re-measured with population and national income held constant, so a relationship that only reflected country size is not listed here.

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DEC alternative conversion factor in Montenegro. Statizoid, drawing on International Financial Statistics database, International Monetary Fund (IMF). Retrieved 08 November 2026, from https://economy.statizoid.com/stat/dec-alternative-conversion-factor-lcu-per-us/montenegro/

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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
216 places, 12,675 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.