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