DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in Montenegro

Montenegro: DEC alternative conversion factor (LCU per US$) (UNESCO Institute) was 0.9244 LCU per US$ in 2024. ▼ Falling

Latest (2024)
0.9244 LCU per US$
Change on year
down 0.0%
World rank
180th
of 212 countries
All-time high
1.12 LCU per US$
in 2001
All-time low
0.6827 LCU per US$
in 2008
Years of data
28
1997–2024

DEC alternative conversion factor in Montenegro, 1997–2024

00.250.50.7511997201020241997: 0.887 LCU per US$1998: 0.896 LCU per US$1999: 0.938 LCU per US$2000: 1.1 LCU per US$2001: 1.1 LCU per US$2002: 1.1 LCU per US$2003: 0.884 LCU per US$2004: 0.805 LCU per US$2005: 0.804 LCU per US$2006: 0.797 LCU per US$2007: 0.731 LCU per US$2008: 0.683 LCU per US$2009: 0.72 LCU per US$2010: 0.754 LCU per US$2011: 0.718 LCU per US$2012: 0.778 LCU per US$2013: 0.753 LCU per US$2014: 0.753 LCU per US$2015: 0.901 LCU per US$2016: 0.903 LCU per US$2017: 0.885 LCU per US$2018: 0.847 LCU per US$2019: 0.893 LCU per US$2020: 0.877 LCU per US$2021: 0.845 LCU per US$2022: 0.951 LCU per US$2023: 0.925 LCU per US$2024: 0.924 LCU per US$

Source: UNESCO Institute for Statistics. Measured in LCU per US$.

Analysis

In 2024, dec alternative conversion factor in Montenegro stood at 0.9244 LCU per US$.

The figure is up 22.8% over ten years.

Over the whole period, dec alternative conversion factor in Montenegro peaked at 1.12 LCU per US$ in 2001 and was at its lowest, 0.6827 LCU per US$, in 2008.

That places Montenegro 180th out of 212 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 28 years of available data.

DEC alternative conversion factor (LCU per US$) (UNESCO Institute) in Montenegro, year by year

Annual values for DEC alternative conversion factor (LCU per US$) in Montenegro, 1997 to 2024.
Year LCU per US$ Change
1997 0.8866 LCU per US$ —
1998 0.896 LCU per US$ +1.1%
1999 0.9383 LCU per US$ +4.7%
2000 1.08 LCU per US$ +15.4%
2001 1.12 LCU per US$ +3.1%
2002 1.06 LCU per US$ -5.2%
2003 0.8843 LCU per US$ -16.5%
2004 0.8054 LCU per US$ -8.9%
2005 0.8041 LCU per US$ -0.2%
2006 0.7971 LCU per US$ -0.9%
2007 0.7306 LCU per US$ -8.3%
2008 0.6827 LCU per US$ -6.6%
2009 0.7198 LCU per US$ +5.4%
2010 0.7543 LCU per US$ +4.8%
2011 0.7184 LCU per US$ -4.8%
2012 0.7783 LCU per US$ +8.3%
2013 0.7529 LCU per US$ -3.3%
2014 0.7527 LCU per US$ -0.0%
2015 0.9013 LCU per US$ +19.7%
2016 0.9034 LCU per US$ +0.2%
2017 0.8852 LCU per US$ -2.0%
2018 0.8468 LCU per US$ -4.3%
2019 0.8933 LCU per US$ +5.5%
2020 0.8775 LCU per US$ -1.8%
2021 0.8454 LCU per US$ -3.7%
2022 0.9509 LCU per US$ +12.5%
2023 0.9247 LCU per US$ -2.8%
2024 0.9244 LCU per US$ -0.0%

Montenegro compared with similar countries

  • Montenegro's 0.9244 LCU per US$ is below the median for upper middle income countries, which is 16.59 LCU per US$, 6% of the median. (58 countries reporting)
  • Montenegro's 0.9244 LCU per US$ is below the median for Europe & Central Asia, which is 1.7 LCU per US$, 54% of the median. (55 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.907 LCU per US$ 0.8866 LCU per US$ 0.9383 LCU per US$ 3
2000s 0.8682 LCU per US$ 0.6827 LCU per US$ 1.12 LCU per US$ 10
2010s 0.8187 LCU per US$ 0.7184 LCU per US$ 0.9034 LCU per US$ 10
2020s 0.9046 LCU per US$ 0.8454 LCU per US$ 0.9509 LCU per US$ 5

Countries ranked near Montenegro

  1. 179 San Marino 0.9248 LCU per US$ compare
  2. 181 Andorra 0.9239 LCU per US$ compare
  3. 181 Austria 0.9239 LCU per US$ compare
  4. 181 Belgium 0.9239 LCU per US$ compare
  5. 181 Cyprus 0.9239 LCU per US$ compare
  6. 181 Germany 0.9239 LCU per US$ compare
  7. 181 Spain 0.9239 LCU per US$ compare
  8. 181 Estonia 0.9239 LCU per US$ compare
  9. 181 Finland 0.9239 LCU per US$ compare
  10. 181 France 0.9239 LCU per US$ compare
  11. 181 Greece 0.9239 LCU per US$ compare
  12. 181 Ireland 0.9239 LCU per US$ compare
  13. 181 Italy 0.9239 LCU per US$ compare
  14. 181 Lithuania 0.9239 LCU per US$ compare
  15. 181 Luxembourg 0.9239 LCU per US$ compare
  16. 181 Latvia 0.9239 LCU per US$ compare
  17. 181 Saint Martin (French Part) 0.9239 LCU per US$ compare
  18. 181 Monaco 0.9239 LCU per US$ compare
  19. 181 Malta 0.9239 LCU per US$ compare
  20. 181 Netherlands 0.9239 LCU per US$ compare
  21. 181 Portugal 0.9239 LCU per US$ compare
  22. 181 Slovakia 0.9239 LCU per US$ compare
  23. 181 Slovenia 0.9239 LCU per US$ compare

See the full ranking of 212 places →

More population data for Montenegro

All data for Montenegro →

Frequently asked questions

What is dec alternative conversion factor in Montenegro?
Dec alternative conversion factor in Montenegro was 0.9244 LCU per US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest dec alternative conversion factor recorded in Montenegro?
The highest recorded value was 1.12 LCU per US$ in 2001.
What is the lowest dec alternative conversion factor recorded in Montenegro?
The lowest recorded value was 0.6827 LCU per US$ in 2008.
How does Montenegro rank for dec alternative conversion factor?
Montenegro ranks 180th out of 212 countries with data for 2024.
Is dec alternative conversion factor rising or falling in Montenegro?
Over the last ten years it is up 22.8%. The long-run trend across the full record is falling.
Where does this Montenegro data come from?
The figures come from UNESCO Institute for Statistics, published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.

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DEC alternative conversion factor in Montenegro. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 11 November 2026, from https://population.statizoid.com/stat/dec-alternative-conversion-factor-lcu-per-us-2/montenegro/

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About this data

Indicator
DEC alternative conversion factor (LCU per US$)
Unit
LCU per US$
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,748 data points, 1970–2024
Last refreshed

February 2026 Data Release