New Caledonia: DEC alternative conversion factor (LCU per US$)

Key figures

What the numbers say

In 2025, New Caledonia's DEC alternative conversion factor (LCU per US$) fell US$4.44 on 2024 (from US$110.31 to US$105.86).

Across the 30 yearly changes before that (1995 to 2024), the average change was +US$0.31 and a typical year strayed about US$8.22 from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$21.98 in 1981 and the biggest yearly fall was US$37.44 in 1986. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 13% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, New Caledonia had the 65th highest value of the 207 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to New Caledonia in the 2025 ranking

• Vanuatu — 63rd of 207: US$120.33
• Ethiopia — 64th of 207: US$119.46
• French Polynesia — 65th of 207: US$105.86
• Serbia — 67th of 207: US$103.98
• Cabo Verde — 68th of 207: US$97.86
• Kyrgyz Republic — 69th of 207: US$87.36

What this measures

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.

All 66 values

DEC alternative conversion factor (LCU per US$) in nearby economies

• American Samoa — US$1 (2024)
• Australia — US$1.55 (2025)
• Brunei Darussalam — US$1.31 (2025)
• Cambodia — US$4,013 (2025)
• China — US$7.19 (2025)
• Fiji — US$2.3 (2025)
• French Polynesia — US$105.86 (2025)
• Guam — US$1 (2024)
• Hong Kong SAR, China — US$7.8 (2025)
• Indonesia

More financial sector data for New Caledonia

• Official exchange rate (LCU per US$, period average) — US$105.86 (2025)
• GDP deflator (base year varies by country) — 111.78 (2024)
• Inflation, GDP deflator (annual % growth) — 1.13% (2024)

Every indicator for New Caledonia is on the New Caledonia data page.

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Questions people ask

What is New Caledonia's DEC alternative conversion factor (LCU per US$)?

US$105.86 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 17.94% from US$89.77 in 1960 (0.25% a year on average, compounded). The highest value was US$163.37 in 1985 and the lowest US$76.83 in 1980.

How does New Caledonia rank?

65th highest of 207 economies with data for 2025.

Is the latest change in DEC alternative conversion factor (LCU per US$) unusual for New Caledonia?

In 2025, New Caledonia's DEC alternative conversion factor (LCU per US$) fell US$4.44 on 2024 (from US$110.31 to US$105.86). Across the 30 yearly changes before that (1995 to 2024), the average change was +US$0.31 and a typical year strayed about US$8.22 from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator PA.NUS.ATLS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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