Big Mac Index Explained by Travelex

Twice a year The Economist publishes the Big Mac index. It is a fun guide to the world s currencies that attempts to adjust them all to an equitable level through the great equalizer known as the Big Mac. Being one of the few prepared food items that can be purchased nearly across the globe, it serves as a great bellweather: Is a country s currency overvalued At Travelex, we just like that it simplifies the scary and confusing world of global currencies, and hope that it might just inspire you to take th