Indonesia | 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 Indonesia
Records
63
Source
Indonesia | DEC alternative conversion factor (LCU per US$)
1960
1961
1962
1963
1964
1965
1966
1967 149.582993
1968 296.291992
1969 326
1970 365
1971 393.420013
1972 415
1973 415
1974 415
1975 415
1976 415
1977 415
1978 442.049988
1979 623.059998
1980 626.98999
1981 631.76001
1982 661.419983
1983 909.26001
1984 1025.939941
1985 1110.58
1986 1282.560059
1987 1643.849976
1988 1685.699951
1989 1770.060059
1990 1842.810059
1991 1950.3199
1992 2029.92
1993 2087.1001
1994 2160.75
1995 2248.6001
1996 2342.3
1997 2909.3799
1998 10013.5996
1999 7855.1499
2000 8421.7754
2001 10260.8496
2002 9311.1914
2003 8577.1328
2004 8938.8496
2005 9704.741667
2006 9159.316667
2007 9141
2008 9698.9625
2009 10389.9375
2010 9090.433333
2011 8770.433333
2012 9386.629167
2013 10461.24
2014 11865.211296
2015 13389.412937
2016 13308.326802
2017 13380.833879
2018 14236.938773
2019 14147.671361
2020 14582.203468
2021 14308.143901
2022 14849.853936

Indonesia | 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 Indonesia
Records
63
Source