Uganda | 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 Uganda
Records
63
Source
Uganda | DEC alternative conversion factor (LCU per US$)
0.0954 1960
0.0954 1961
0.0954 1962
0.0954 1963
0.0954 1964
0.07143 1965
0.07143 1966
0.07143 1967
0.07143 1968
0.07143 1969
0.07143 1970
0.07143 1971
0.07143 1972
0.071429 1973
0.07014 1974
0.09 1975
0.1 1976
0.17 1977
0.23 1978
0.4 1979
1 1980
2 1981
2 1982
3 1983
2.3207 1984
5.079058 1985
10.854167 1986
19.841267 1987
60 1988
169.606606 1989
319.614167 1990
550.917583 1991
960.816333 1992
1201.8198 1993
1102.7056 1994
932.526917 1995
1012.822 1996
1058.083 1997
1149.6525 1998
1362.1095 1999
1512.0207 2000
1762.9242 2001
1754.561 2002
1883.413833 2003
1934.914182 2004
1737.227118 2005
1825.019793 2006
1779.999886 2007
1696.451587 2008
1929.9406 2009
2028.881118 2010
2323.486697 2011
2557.145086 2012
2591.115843 2013
2538.029539 2014
2827.72681 2015
3442.972414 2016
3529.676308 2017
3659.145495 2018
3736.822316 2019
3714.597714 2020
3661.05564 2021
3571.638671 2022

Uganda | 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 Uganda
Records
63
Source