Mac Index - Currency undervaluation and burgers

For those who are interested in currency exchange rates, undervaluation and burger prices across the world, The Economist has the hugely popular MacIndex. Find it here. There is a lot of difference of opinion of the rate of undervaluation in different studies, but this is an interesting visualization.

The Big Mac index

Select base currency:

US dollar

• Chinese yuan
• Euro
• Japanese yen
• Sterling
• US dollar

• Raw index
• Adjusted index

Under(–)/over(+) valuation against the dollar, %

• South America
• Middle East
• Asia south
• Asia north
• Europe
• North America

Undervalued by:

• >50%
• 25-50%
• 10-25%

–/+ 10%

Overvalued by:

• 10-50%
• 50-100%
• >100%