Forint is underrated, according to Big Mac index
The Economist's so-called Big Mac Index got an update last week, with McDonald's signature burger serving as a rubric for the valuation of currency around the world. This year they have a nifty interactive feature that allows you to choose a base currency, look at an individual country's Big Mac price over time, and more. According to the Economist, “Burgernomics was never intended as a precise gauge of currency misalignment, merely a tool to make exchange-rate theory more digestible. Yet the Big Mac index has become a global standard.” 'Tis the season for McDonald's themed infographics; just yesterday the Guardian posted an interactive map of all 34,392 around the world.
Related news
Related news
The SZÉP card will also be available in digital form from 2025
From September 1, 2025, a significant change will come into…
Read more >Both MOL Campus restaurants, Virtu and Zazie, have received Michelin recommendations
Just one year after their opening, both restaurants at MOL…
Read more >Changes to alcohol advertising rules from January 1, 2024
From January 1, 2024, significant changes will take effect in…
Read more >