Chad | DEC alternative conversion factor (LCU per US$)
The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar. Statistical concept and methodology: The World Bank systematically assesses the appropriateness of official exchange rates as conversion factors. In certain countries, multiple or dual exchange rate activity exists and must be accounted for appropriately in underlying statistics. Doing so better reflects economic reality and leads to more accurate cross-country comparisons and country classifications by income level. Consequently, an alternative conversion factor is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate effectively applied to domestic transactions of foreign currencies and traded products. This applies to only a small number of countries, as shown in the country-level metadata. An alternative conversion factor is also used when the period covered by national accounts differs from the calendar year and the alternative conversion factor will then cover the same period. Alternative conversion factors are used in the Atlas methodology and elsewhere in World Development Indicators as single-year conversion factors.
Publisher
The World Bank
Origin
Republic of Chad
Records
63
Source
Chad | DEC alternative conversion factor (LCU per US$)
245.195101 1960
245.260102 1961
245.013851 1962
245.016351 1963
245.027184 1964
245.060934 1965
245.678437 1966
246.000938 1967
247.564694 1968
259.960574 1969
276.403137 1970
275.356457 1971
252.027627 1972
222.889183 1973
240.704668 1974
214.3129 1975
238.950494 1976
245.679687 1977
225.65586 1978
212.721644 1979
211.279555 1980
271.731453 1981
328.606253 1982
381.066036 1983
436.956666 1984
449.262963 1985
346.305904 1986
300.536562 1987
297.848219 1988
319.008299 1989
272.264788 1990
282.106909 1991
264.691801 1992
283.162579 1993
555.204696 1994
499.148426 1995
511.55243 1996
583.669372 1997
589.951775 1998
615.6991 1999
710.207977 2000
732.397693 2001
693.713227 2002
579.897426 2003
527.338032 2004
527.258363 2005
522.425625 2006
478.633718 2007
446.000041 2008
470.293423 2009
494.794262 2010
471.248626 2011
510.556338 2012
493.899624 2013
493.75733 2014
591.211698 2015
592.605615 2016
580.65675 2017
555.446458 2018
585.911013 2019
575.586005 2020
554.530675 2021
623.759701 2022
Chad | 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
Republic of Chad
Records
63
Source