Big Mac Index
Informal way of measuring the purchasing power of two currencies
Nº Q309187 ★★★★
Super Rare · Literature
Big Mac Index
Informal way of measuring the purchasing power of two currencies
The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible."
Last price
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Floor price
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7-day median
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30-day sales
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30-day range
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In circulation
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Price history
median
low – high
sales
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Show table
| Date | median | Low | High | sales |
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Sales history
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- 30-day average
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- 30-day low
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- Sales 7d
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- Sales 30d
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No sales yet.
Anonymous sales: no buyer or seller shown. Figures count player-to-player sales only.
From Wikipedia
The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible." The index compares the relative price worldwide to purchase the Big Mac, the flagship hamburger sold at McDonald's restaurants.
Text: Wikipédia, CC BY-SA 4.0. · Image: CashNetUsa (CC BY-SA 4.0) ·
