Australia vs Canada: DEC alternative conversion factor
DEC alternative conversion factor over time
- Australia
- Canada
How they compare
Australia currently reports 1.55 LCU per US$ against 1.4 LCU per US$ in Canada, a difference of 0.147 LCU per US$.
That makes Australia's figure about 1.1 times Canada's.
The two have swapped places 7 times across 66 shared years of data; in 1960 it was Canada ahead.
Globally, Australia ranks 154th and Canada ranks 156th of 214 countries.
Individual pages
About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.