Libya vs Papua New Guinea: DEC alternative conversion factor
DEC alternative conversion factor over time
- Libya
- Papua New Guinea
How they compare
Libya currently reports 5.31 LCU per US$ against 4.12 LCU per US$ in Papua New Guinea, a difference of 1.18 LCU per US$.
That makes Libya's figure about 1.3 times Papua New Guinea's.
The two have swapped places 1 time across 66 shared years of data; in 1960 it was Papua New Guinea ahead.
Globally, Libya ranks 122nd and Papua New Guinea ranks 125th 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.