Economy > Currency Stats: compare key data on Cayman Islands & United States
Definitions
- DEC alternative conversion factor > LCU per US$: The DEC alternative conversion factor is the underlying annual exchange rate used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics (line rf). Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.
- Exchange rate to Euro: Exchange rate of the 15 most high valued currencies in the world with regards to the Euro, as of April 9, 2011.
- Exchange rate to Kuwaiti dinars: Exchange rate of the 15 most high valued currencies in the world with regards to Kuwaiti Dinars, as of April 9, 2011.
- Exchange rate to US dollars: Exchange rate of the 15 most high valued currencies in the world with regards to US Dollars, as of April 9, 2011.
- Official exchange rate > LCU per US$ > Period average: Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
- Official exchange rate > LCU per US$, period average: Official exchange rate (LCU per US$, period average). Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).
SOURCES: World Development Indicators database; Xe Currency Converter; International Monetary Fund, International Financial Statistics. World Bank World Development Indicators.
