New Caledonia vs Vanuatu: DEC alternative conversion factor
DEC alternative conversion factor over time
- New Caledonia
- Vanuatu
How they compare
Vanuatu currently reports 120.33 LCU per US$ against 105.86 LCU per US$ in New Caledonia, a difference of 14.46 LCU per US$.
That makes Vanuatu's figure about 1.1 times New Caledonia's.
The two have swapped places 6 times across 66 shared years of data; in 1960 it was Vanuatu ahead.
Globally, New Caledonia ranks 65th and Vanuatu ranks 63rd of 214 countries.
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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.