DEC alternative conversion factor in North Macedonia
North Macedonia: DEC alternative conversion factor was 54.65 LCU per US$ in 2025. ▲ Rising
DEC alternative conversion factor in North Macedonia, 1990–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
In 2025, dec alternative conversion factor in North Macedonia stood at 54.65 LCU per US$.
The figure is down 3.9% on the previous year and down 1.6% over ten years.
Over the whole period, dec alternative conversion factor in North Macedonia peaked at 68.04 LCU per US$ in 2001 and was at its lowest, 0.1132 LCU per US$, in 1990.
That places North Macedonia 79th out of 215 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
DEC alternative conversion factor in North Macedonia, year by year
| Year | LCU per US$ | Change |
|---|---|---|
| 1990 | 0.1132 LCU per US$ | — |
| 1991 | 0.196 LCU per US$ | +73.1% |
| 1992 | 5.09 LCU per US$ | +2497.4% |
| 1993 | 23.2 LCU per US$ | +355.7% |
| 1994 | 43.26 LCU per US$ | +86.5% |
| 1995 | 37.88 LCU per US$ | -12.4% |
| 1996 | 39.98 LCU per US$ | +5.5% |
| 1997 | 50 LCU per US$ | +25.1% |
| 1998 | 54.46 LCU per US$ | +8.9% |
| 1999 | 56.9 LCU per US$ | +4.5% |
| 2000 | 65.9 LCU per US$ | +15.8% |
| 2001 | 68.04 LCU per US$ | +3.2% |
| 2002 | 64.35 LCU per US$ | -5.4% |
| 2003 | 54.32 LCU per US$ | -15.6% |
| 2004 | 49.41 LCU per US$ | -9.0% |
| 2005 | 49.28 LCU per US$ | -0.3% |
| 2006 | 48.8 LCU per US$ | -1.0% |
| 2007 | 44.73 LCU per US$ | -8.3% |
| 2008 | 41.87 LCU per US$ | -6.4% |
| 2009 | 44.1 LCU per US$ | +5.3% |
| 2010 | 46.49 LCU per US$ | +5.4% |
| 2011 | 44.23 LCU per US$ | -4.9% |
| 2012 | 47.89 LCU per US$ | +8.3% |
| 2013 | 46.4 LCU per US$ | -3.1% |
| 2014 | 46.44 LCU per US$ | +0.1% |
| 2015 | 55.54 LCU per US$ | +19.6% |
| 2016 | 55.73 LCU per US$ | +0.4% |
| 2017 | 54.67 LCU per US$ | -1.9% |
| 2018 | 52.11 LCU per US$ | -4.7% |
| 2019 | 54.95 LCU per US$ | +5.5% |
| 2020 | 54.14 LCU per US$ | -1.5% |
| 2021 | 52.1 LCU per US$ | -3.8% |
| 2022 | 58.57 LCU per US$ | +12.4% |
| 2023 | 56.95 LCU per US$ | -2.8% |
| 2024 | 56.87 LCU per US$ | -0.1% |
| 2025 | 54.65 LCU per US$ | -3.9% |
North Macedonia compared with similar countries
- North Macedonia's 54.65 LCU per US$ is above the median for upper middle income countries, which is 15.42 LCU per US$, 3.5× the median. (59 countries reporting)
- North Macedonia's 54.65 LCU per US$ is above the median for Europe & Central Asia, which is 0.8861 LCU per US$, 61.7× the median. (56 countries reporting)
Biggest year-on-year movements
Years where DEC alternative conversion factor in North Macedonia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +2497.4% | 0.196 LCU per US$ | 5.09 LCU per US$ |
| 1993 | +355.7% | 5.09 LCU per US$ | 23.2 LCU per US$ |
| 1994 | +86.5% | 23.2 LCU per US$ | 43.26 LCU per US$ |
| 1991 | +73.1% | 0.1132 LCU per US$ | 0.196 LCU per US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.11 LCU per US$ | 0.1132 LCU per US$ | 56.9 LCU per US$ | 10 |
| 2000s | 53.08 LCU per US$ | 41.87 LCU per US$ | 68.04 LCU per US$ | 10 |
| 2010s | 50.44 LCU per US$ | 44.23 LCU per US$ | 55.73 LCU per US$ | 10 |
| 2020s | 55.55 LCU per US$ | 52.1 LCU per US$ | 58.57 LCU per US$ | 6 |
Countries ranked near North Macedonia
- 76 Mozambique 64.09 LCU per US$ compare
- 77 Dominican Republic 61.99 LCU per US$ compare
- 78 Philippines 57.51 LCU per US$ compare
- 80 Egypt 49.65 LCU per US$ compare
- 81 Mauritius 46 LCU per US$ compare
- 82 Ukraine 41.69 LCU per US$ compare
More economy & growth data for North Macedonia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.63 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 400.07 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0209 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 219.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 675.78 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -36.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0354 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 371.12 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 10.51 % change on previous year (2025)
Frequently asked questions
- What is dec alternative conversion factor in North Macedonia?
- Dec alternative conversion factor in North Macedonia was 54.65 LCU per US$ in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in North Macedonia?
- The highest recorded value was 68.04 LCU per US$ in 2001.
- What is the lowest dec alternative conversion factor recorded in North Macedonia?
- The lowest recorded value was 0.1132 LCU per US$ in 1990.
- How does North Macedonia rank for dec alternative conversion factor?
- North Macedonia ranks 79th out of 215 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in North Macedonia?
- Over the last ten years it is down 1.6%. The long-run trend across the full record is rising.
- Where does this North Macedonia 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.
Download this data
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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.