Statizoid

Denmark vs Faroe Islands: DEC alternative conversion factor

Denmark
6.62 LCU per US$
in 2025
Faroe Islands
6.89 LCU per US$
in 2024
Denmark rank
118th
Faroe Islands rank
116th

DEC alternative conversion factor over time

  • Denmark
  • Faroe Islands
02.557.510196019922025

How they compare

Faroe Islands currently reports 6.89 LCU per US$ against 6.62 LCU per US$ in Denmark, a difference of 0.2726 LCU per US$.

The two have swapped places 24 times across 60 shared years of data; in 1965 it was Faroe Islands ahead.

Globally, Denmark ranks 118th and Faroe Islands ranks 116th of 214 countries.

Individual pages

About this data

Indicator
DEC alternative conversion factor (LCU per US$)
Unit
LCU per US$
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
214 places, 12,592 data points, 1960–2025
Last refreshed

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.