DEC alternative conversion factor (LCU per US$) (DEC International) in Papua New Guinea
Papua New Guinea: DEC alternative conversion factor (LCU per US$) (DEC International) was 4.12 LCU per US$ in 2025. ◆ Volatile
DEC alternative conversion factor in Papua New Guinea, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
In 2025, dec alternative conversion factor in Papua New Guinea stood at 4.12 LCU per US$. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 7.0% on the previous year and up 48.9% over ten years.
Over the whole period, dec alternative conversion factor in Papua New Guinea peaked at 4.12 LCU per US$ in 2025 and was at its lowest, 0.6709 LCU per US$, in 1980.
Papua New Guinea ranks 125th of 215 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
DEC alternative conversion factor (LCU per US$) (DEC International) in Papua New Guinea, year by year
| Year | LCU per US$ | Change |
|---|---|---|
| 1960 | 0.8929 LCU per US$ | — |
| 1961 | 0.8929 LCU per US$ | +0.0% |
| 1962 | 0.8929 LCU per US$ | +0.0% |
| 1963 | 0.8929 LCU per US$ | +0.0% |
| 1964 | 0.8929 LCU per US$ | +0.0% |
| 1965 | 0.8929 LCU per US$ | +0.0% |
| 1966 | 0.8929 LCU per US$ | +0.0% |
| 1967 | 0.8929 LCU per US$ | +0.0% |
| 1968 | 0.8929 LCU per US$ | +0.0% |
| 1969 | 0.8929 LCU per US$ | +0.0% |
| 1970 | 0.8929 LCU per US$ | +0.0% |
| 1971 | 0.8828 LCU per US$ | -1.1% |
| 1972 | 0.835 LCU per US$ | -5.4% |
| 1973 | 0.7041 LCU per US$ | -15.7% |
| 1974 | 0.6967 LCU per US$ | -1.1% |
| 1975 | 0.7639 LCU per US$ | +9.6% |
| 1976 | 0.7928 LCU per US$ | +3.8% |
| 1977 | 0.7914 LCU per US$ | -0.2% |
| 1978 | 0.7089 LCU per US$ | -10.4% |
| 1979 | 0.7118 LCU per US$ | +0.4% |
| 1980 | 0.6709 LCU per US$ | -5.7% |
| 1981 | 0.673 LCU per US$ | +0.3% |
| 1982 | 0.7385 LCU per US$ | +9.7% |
| 1983 | 0.8361 LCU per US$ | +13.2% |
| 1984 | 0.8986 LCU per US$ | +7.5% |
| 1985 | 1 LCU per US$ | +11.3% |
| 1986 | 0.9714 LCU per US$ | -2.9% |
| 1987 | 0.9079 LCU per US$ | -6.5% |
| 1988 | 0.8671 LCU per US$ | -4.5% |
| 1989 | 0.8588 LCU per US$ | -1.0% |
| 1990 | 0.9554 LCU per US$ | +11.3% |
| 1991 | 0.952 LCU per US$ | -0.4% |
| 1992 | 0.9646 LCU per US$ | +1.3% |
| 1993 | 0.9784 LCU per US$ | +1.4% |
| 1994 | 1 LCU per US$ | +2.7% |
| 1995 | 1.34 LCU per US$ | +33.0% |
| 1996 | 1.32 LCU per US$ | -1.4% |
| 1997 | 1.43 LCU per US$ | +8.8% |
| 1998 | 2.06 LCU per US$ | +43.6% |
| 1999 | 2.54 LCU per US$ | +23.3% |
| 2000 | 2.76 LCU per US$ | +8.9% |
| 2001 | 3.37 LCU per US$ | +22.0% |
| 2002 | 3.89 LCU per US$ | +15.2% |
| 2003 | 3.55 LCU per US$ | -8.5% |
| 2004 | 3.22 LCU per US$ | -9.3% |
| 2005 | 3.1 LCU per US$ | -3.7% |
| 2006 | 3.06 LCU per US$ | -1.5% |
| 2007 | 2.97 LCU per US$ | -3.0% |
| 2008 | 2.7 LCU per US$ | -8.9% |
| 2009 | 2.76 LCU per US$ | +2.0% |
| 2010 | 2.72 LCU per US$ | -1.3% |
| 2011 | 2.37 LCU per US$ | -12.8% |
| 2012 | 2.08 LCU per US$ | -12.1% |
| 2013 | 2.24 LCU per US$ | +7.7% |
| 2014 | 2.46 LCU per US$ | +9.7% |
| 2015 | 2.77 LCU per US$ | +12.5% |
| 2016 | 3.13 LCU per US$ | +13.2% |
| 2017 | 3.19 LCU per US$ | +1.8% |
| 2018 | 3.29 LCU per US$ | +3.3% |
| 2019 | 3.39 LCU per US$ | +2.9% |
| 2020 | 3.46 LCU per US$ | +2.1% |
| 2021 | 3.51 LCU per US$ | +1.4% |
| 2022 | 3.52 LCU per US$ | +0.3% |
| 2023 | 3.59 LCU per US$ | +2.0% |
| 2024 | 3.85 LCU per US$ | +7.3% |
| 2025 | 4.12 LCU per US$ | +7.0% |
Papua New Guinea compared with similar countries
- Papua New Guinea's 4.12 LCU per US$ is below the median for lower middle income countries, which is 120.33 LCU per US$, 3% of the median. (47 countries reporting)
- Papua New Guinea's 4.12 LCU per US$ is below the median for East Asia & Pacific, which is 4.2 LCU per US$, 98% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where DEC alternative conversion factor (LCU per US$) (DEC International) in Papua New Guinea 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 |
|---|---|---|---|
| 1998 | +43.6% | 1.43 LCU per US$ | 2.06 LCU per US$ |
| 1995 | +33.0% | 1 LCU per US$ | 1.34 LCU per US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.8929 LCU per US$ | 0.8929 LCU per US$ | 0.8929 LCU per US$ | 10 |
| 1970s | 0.778 LCU per US$ | 0.6967 LCU per US$ | 0.8929 LCU per US$ | 10 |
| 1980s | 0.8423 LCU per US$ | 0.6709 LCU per US$ | 1 LCU per US$ | 10 |
| 1990s | 1.35 LCU per US$ | 0.952 LCU per US$ | 2.54 LCU per US$ | 10 |
| 2000s | 3.14 LCU per US$ | 2.7 LCU per US$ | 3.89 LCU per US$ | 10 |
| 2010s | 2.77 LCU per US$ | 2.08 LCU per US$ | 3.39 LCU per US$ | 10 |
| 2020s | 3.68 LCU per US$ | 3.46 LCU per US$ | 4.12 LCU per US$ | 6 |
Countries ranked near Papua New Guinea
More economy & growth data for Papua New Guinea
- Real gdp growth, annual growth rate 2.02 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.11 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -52.52 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.09 units per person (2025)
- SDRs holdings, SDR, annual growth rate -51.15 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.7945 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 40.57 % change on previous year (2025)
Frequently asked questions
- What is dec alternative conversion factor in Papua New Guinea?
- Dec alternative conversion factor in Papua New Guinea was 4.12 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 Papua New Guinea?
- The highest recorded value was 4.12 LCU per US$ in 2025.
- What is the lowest dec alternative conversion factor recorded in Papua New Guinea?
- The lowest recorded value was 0.6709 LCU per US$ in 1980.
- How does Papua New Guinea rank for dec alternative conversion factor?
- Papua New Guinea ranks 125th out of 215 countries with data for 2025.
- Is dec alternative conversion factor rising or falling in Papua New Guinea?
- Over the last ten years it is up 48.9%. The long-run trend across the full record is volatile.
- Where does this Papua New Guinea 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
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.