Faroe Islands Exchange Rates and Real Effective Exchange Rates
Faroe Islands FO: DEC Alternative Conversion Factor: per USD
FO: DEC Alternative Conversion Factor: per USD data was reported at 6.728 DKK/USD in 2015. This records an increase from the previous number of 5.612 DKK/USD for 2014. FO: DEC Alternative Conversion Factor: per USD data is updated yearly, averaging 6.484 DKK/USD from Dec 1965 (Median) to 2015, with 51 observations. The data reached an all-time high of 10.596 DKK/USD in 1985 and a record low of 5.098 DKK/USD in 2008. FO: DEC Alternative Conversion Factor: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. 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.; ; International Monetary Fund, International Financial Statistics, supplemented by World Bank staff estimates.; ; In the WDI database, the DEC alternative conversion factor is used to convert data in local currency units (LCU) into U.S. dollars.
| Last | Frequency | Range |
|---|---|---|
| 6.73 2015 | yearly | 1965 - 2015 |
View Faroe Islands's Faroe Islands FO: DEC Alternative Conversion Factor: per USD from 1965 to 2015 in the chart:
Faroe Islands FO: Official Exchange Rate: Average: per USD
FO: Official Exchange Rate: Average: per USD data was reported at 6.732 DKK/USD in 2016. This records an increase from the previous number of 6.728 DKK/USD for 2015. FO: Official Exchange Rate: Average: per USD data is updated yearly, averaging 6.701 DKK/USD from Dec 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 10.596 DKK/USD in 1985 and a record low of 5.098 DKK/USD in 2008. FO: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Faroe Islands – Table FO.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. 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).; ; International Monetary Fund, International Financial Statistics.; ;
| Last | Frequency | Range |
|---|---|---|
| 6.73 2016 | yearly | 1960 - 2016 |