Tag Archives: Big Mac index Switzerland 2018

The Economist has just published its January 2018 Big Mac index, a light-hearted measure of whether currencies are under or overvalued. The underlying assumption is that a Big Mac is the same whether bought in Kiev or Chur, so any price difference must be due to the exchange rate. © Sergiomonti _ Dreamstime.com - Click to enlarge In January 2018, Swiss Big Macs were still the world’s most expensive, making the Swiss...

The Economist has just published its January 2018 Big Mac index, a light-hearted measure of whether currencies are under or overvalued. The underlying assumption is that a Big Mac is the same whether bought in Kiev or Chur, so any price difference must be due to the exchange rate. © Sergiomonti _ Dreamstime.com In January 2018, Swiss Big Macs were still the world’s most expensive, making the Swiss franc the most overvalued currency, 28.1% higher than it should be. The implied exchange rate is...