DEC alternative conversion factor in Nigeria

Nigeria: DEC alternative conversion factor was 1,478 LCU per US$ in 2024. β—† Volatile

Latest (2024)
1,478 LCU per US$
Change on year
up 129.4%
World rank
23rd
of 209 countries
All-time high
1,478 LCU per US$
in 2024
All-time low
0.7143 LCU per US$
in 1970
Years of data
55
1970–2024

DEC alternative conversion factor in Nigeria, 1970–2024

05001.0k1.5k197019972024

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

Analysis

The most recent figure for dec alternative conversion factor in Nigeria is 1,478 LCU per US$, measured in 2024. That is the highest value across all 55 years on record.

That represents a change of up 129.4% on the previous year and up 841.5% over ten years.

Over the whole period, dec alternative conversion factor in Nigeria peaked at 1,478 LCU per US$ in 2024 and was at its lowest, 0.7143 LCU per US$, in 1970.

That places Nigeria 23rd out of 209 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.8781 LCU per US$ 0.7143 LCU per US$ 1.13 LCU per US$ 10
1980s 3.32 LCU per US$ 0.783 LCU per US$ 9.43 LCU per US$ 10
1990s 26.13 LCU per US$ 9.15 LCU per US$ 92.69 LCU per US$ 10
2000s 124.66 LCU per US$ 102.11 LCU per US$ 147.32 LCU per US$ 10
2010s 213.51 LCU per US$ 148.81 LCU per US$ 306.92 LCU per US$ 10
2020s 660.48 LCU per US$ 356.9 LCU per US$ 1,478 LCU per US$ 5

Countries ranked near Nigeria

  1. 20 Yemen 1,824 LCU per US$ compare
  2. 21 Malawi 1,738 LCU per US$ compare
  3. 22 Sudan 1,568 LCU per US$ compare
  4. 24 South Korea 1,363 LCU per US$ compare
  5. 25 Rwanda 1,318 LCU per US$ compare
  6. 26 Iraq 1,300 LCU per US$ compare

See the full ranking of 212 places β†’

More population data for Nigeria

All data for Nigeria β†’

Frequently asked questions

What is dec alternative conversion factor in Nigeria?
Dec alternative conversion factor in Nigeria was 1,478 LCU per US$ in 2024, according to UNESCO Institute for Statistics.
What is the highest dec alternative conversion factor recorded in Nigeria?
The highest recorded value was 1,478 LCU per US$ in 2024.
What is the lowest dec alternative conversion factor recorded in Nigeria?
The lowest recorded value was 0.7143 LCU per US$ in 1970.
How does Nigeria rank for dec alternative conversion factor?
Nigeria ranks 23rd out of 209 countries with data for 2024.
Is dec alternative conversion factor rising or falling in Nigeria?
Over the last ten years it is up 841.5%. The long-run trend across the full record is volatile.
Where does this Nigeria 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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CSV Β· JSON β€” 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

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DEC alternative conversion factor in Nigeria. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/dec-alternative-conversion-factor-lcu-per-us-2/nigeria/

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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