当社の個人情報保護方針&クッキーポリシー
当社のウェブサイトではクッキーを使用し、ユーザー様のオンライン体験を向上させております。このウェブサイトを立ち上げたときに、クッキーはお使いのコンピュータ上に配置されます。インターネットブラウザの設定を通して、個人的なクッキーの設定を変更できます。
個人情報保護方針The Economist has recently updated its famous “Big Mac Index” based on McDonald’s Big Mac prices, collected throughout the world. Now the cheapest burgers in US Dollar terms can be bought in Ukraine: for $1.2 only. The most expensive ones are being sold in Switzerland, where you should pay $7.54 for one burger.
Big Mac Index shows, how much the national currency is “undervalued” or “overvalued” in relation to “fair” Big Mac price. In respond to the criticism that you would expect average burger prices to be cheaper in poor countries than in rich ones, it was adjusted for differences in countries' GDP per capita. E. g., in case of Russia, US$ Index of -57.75 means that current Russian Ruble/US$ market exchange rate is 57.75% lower than its Big Mac purchasing power parity level.
Explore the new Knoema’s interactive abilities to parameterize visual gadgets by two or more variables by selecting the country on the map and the type of Big Mac Index in the table below
Note: Big Mac index has never been intended as a precise gauge of currency misalignment, merely a tool to make exchange-rate theory more digestible. As the empirical data shows, Big Mac Index tells nothing about possible real world currency moves neither in short-term, nor in the long-term. In the long run exchange rates do not move towards the rate that would equalise the prices of a burger in any two countries. The data presented is not intended to use in any investment or trading decisions on FX or other markets.
(20 February 2021) The price of Bitcoin surged to more than $55,000 this week for the first time in history as large firms such as Tesla, PayPal, Mastercard, and BNY Mellon as well as major investment banks including JPMorgan, Goldman Sachs, and Morgan Stanley showed support for cryptocurrencies. With increased demand from institutional investors and corporates instead of retail investors, Bitcoin's perception may be shifting to that of a more stable asset than it was a couple of years ago. On the other hand, some investors still consider bitcoin a speculative asset and think it...
Bitcoin is one of the world's most popular digital currencies, meaning that it is exclusively created and held electronically. But, what do we actually know about digital currencies and the potential of these currencies to replace conventional money? Like conventional money, the major function of a digital currency is to serve as a means of payment, whether that is in exchange for goods or real currency, such as dollars and euros. In addition, similar to how a normal currency's exchange rate is set, the price for bitcoins - per the CoinDesk Bitcoin Price Index (XBP) - is based...
The Big Mac Index invented by The Economist is an informal way of measuring the purchasing power parity (PPP) between two currencies. The calculation of PPPs is based on the assumption that the dollar cost for a Big Mac in a particular country would be the same as in the United States. The indicator is chosen by The Economist magazine, as a measure of PPP, is based on the fact that the ingredients used in the preparation of Big Mac are the same over the globe, and hence the variation in dollar cost in any country is a direct measure on the valuation of the currency. The study also...
Guess what, does the cost of living of any country determined by simple Burger Price? But, it is interesting to see the burger price around the world.
当社のウェブサイトではクッキーを使用し、ユーザー様のオンライン体験を向上させております。このウェブサイトを立ち上げたときに、クッキーはお使いのコンピュータ上に配置されます。インターネットブラウザの設定を通して、個人的なクッキーの設定を変更できます。
個人情報保護方針