Cambodia | DEC alternative conversion factor (LCU per US$)
The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar. Statistical concept and methodology: The World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. In certain countries, multiple or dual exchange rate activity exists and must be accounted for appropriately in underlying statistics. Doing so better reflects economic reality and leads to more accurate cross-country comparisons and country classifications by income level. Consequently, an alternative conversion factor is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate effectively applied to domestic transactions of foreign currencies and traded products. This applies to only a small number of countries, as shown in the country-level metadata. An alternative conversion factor is also used when the period covered by national accounts differs from the calendar year and the alternative conversion factor will then cover the same period. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.
Publisher
The World Bank
Origin
Kingdom of Cambodia
Records
63
Source
Cambodia | DEC alternative conversion factor (LCU per US$)
1960 35
1961 35
1962 35
1963 35
1964 35
1965 35
1966 35
1967 35
1968 35
1969 42.6
1970 55.54
1971 71.655
1972 162.9
1973 244.9
1974 804.25
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987 120
1988 148
1989 224
1990 537
1991 818
1992 1266.6
1993 2689
1994 2545.3
1995 2450.8
1996 2624.1001
1997 2946.3
1998 3756
1999 3803
2000 3854
2001 3924
2002 3917
2003 3979
2004 4016.3
2005 4092.5
2006 4103.25
2007 4056.166667
2008 4054.166667
2009 4139.333333
2010 4184.916667
2011 4058.5
2012 4033
2013 4027.25
2014 4037.5
2015 4067.75
2016 4058.694579
2017 4050.579986
2018 4051.1669
2019 4061.148963
2020 4092.783219
2021 4098.722795
2022 4102.037865
Cambodia | DEC alternative conversion factor (LCU per US$)
The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar. Statistical concept and methodology: The World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. In certain countries, multiple or dual exchange rate activity exists and must be accounted for appropriately in underlying statistics. Doing so better reflects economic reality and leads to more accurate cross-country comparisons and country classifications by income level. Consequently, an alternative conversion factor is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate effectively applied to domestic transactions of foreign currencies and traded products. This applies to only a small number of countries, as shown in the country-level metadata. An alternative conversion factor is also used when the period covered by national accounts differs from the calendar year and the alternative conversion factor will then cover the same period. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.
Publisher
The World Bank
Origin
Kingdom of Cambodia
Records
63
Source