Tag: Big Mac index

• Thursday, August 10th 2023 - 11:25 UTC

  Uruguay Peso, most overvalued currency against US dollar says the Big Mac Index

  

  The Uruguayan Peso is turning out to be one of the most overvalued currencies (out of 52 surveys) against the US dollar. In other words according to the Big Mac Index, the US dollar is cheap in Uruguay and well below what is considered the long term “equilibrium point”.

• Thursday, August 9th 2012 - 06:29 UTC

  Venezuelan currency overvalued by 83% according to the Big Mac index

  

  The Big Mac index computed by The Economist showed that the Venezuelan Bolivar is the most overvalued currency worldwide with respect to the US dollar, reflecting the imbalance of the Venezuelan economy.

• Wednesday, February 8th 2012 - 22:03 UTC

  Why you can’t find a Big Mac on Argentina’s Mc Donald’s menu?

  

  Argentina’s booming economy has been one of the few bright lights in an otherwise gloomy global financial picture the last few years. But inflation of up to 25% threatens that growth. It's one of the world’s highest inflation rates, reports the US public funded Public Radio International.

• Tuesday, August 2nd 2011 - 06:53 UTC

  Brazil’s currency the most overvalued: anywhere from 52% to 149% vis-à-vis the US dollar

  

  The Brazilian Real is the world's most expensive currency and is 149% overvalued against the dollar and the Colombian peso, the next most expensive currency is 108% above the US currency, according to British magazine The Economist, which has created a new version of the Big Mac index.

• Monday, August 1st 2011 - 07:02 UTC

  Uruguayan Peso over-valued 17.4% against the dollar according to Big Mac’s PPP

  

  The Uruguayan Peso is 17.4% over-valued against the US dollar according to the Big Mac index from The Economist which means the greenback should be trading in Montevideo money markets at 21.62 Pesos and not 18.25 Pesos as currently happens.