09/08/2024
Valuta teori - en vare vil koste det samme justert for valuta kurs og vat - i Norge er mva 25% (20% om du regner ovenfra)
What can a Big Mac tell us about currency rates?
As it turns out, quite a lot.
The Big Mac Index, created by The Economist in 1986, started as a simple tool to make currency theory more digestible.
Switzerland has the most expensive Big Macs in the world at $8.17 USD, which is 44% more expensive than the price of a Big Mac in the United States.
Using the Big Mac Index, that suggests that the Swiss franc is 44% overvalued against the U.S. dollar.
European countries like Switzerland, Norway, and those in the eurozone tend to have more expensive Big Macs than the United States.
This indicates that these European currencies may be overvalued relative to the U.S. dollar.
On the other end of the spectrum, several major East Asian economies, including Taiwan, Japan, China, and South Korea, have currencies substantially undervalued against the U.S. dollar, according to the Big Mac Index.
In April, the Bank of America stated it was not bullish “on any currency in Asia” and mentioned the Chinese yuan, South Korean won, and Taiwan dollar under its bearish category.
In June, the Japanese yen hit a 38-year low against the dollar.
