New Zealand vs Tuvalu: DEC alternative conversion factor
DEC alternative conversion factor over time
- New Zealand
- Tuvalu
How they compare
New Zealand currently reports 1.7 LCU per US$ against 1.55 LCU per US$ in Tuvalu, a difference of 0.1514 LCU per US$.
That makes New Zealand's figure about 1.1 times Tuvalu's.
The two have swapped places 1 time across 56 shared years of data; in 1970 it was Tuvalu ahead.
Globally, New Zealand ranks 150th and Tuvalu ranks 152nd 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.