For the Big Mac Index, the famous hamburger costs the equivalent of US$ 6,86 in Uruguay and US$ 5,85 in the US, meaning a Big Mac is 22,9% dearer in Uruguay The Uruguayan Peso is turning out to be ...

The “Big Mac Index” was created in the 1980s by economists looking to evaluate the relative levels of affordability among various countries and currencies. The idea was that McDonald’s Big Mac was ...

The Big Mac Index has been a resource used to evaluate the purchasing power of different countries since its creation in 1986 by British magazine The Economist. It’s a light-hearted analysis of ...

In 2000, the Big Mac was $2.24, according to The Economist’s Big Mac Index and consistently increased in price throughout the decade. In March 2002, it was $2.35. In May 2005 the price was $2.58 ...

The “Big Mac Index” was created in the 1980s by economists ... whereas the actual exchange rate between the USD and GBP was closer to 0.8. In this example, the price of the Big Mac was ...