Big Mac Index App vs Geosal

The Big Mac Index App intends to show whether currencies are at their "correct" value. It was invented by The Economist in 1986. For example, the average price of a Big Mac (Burger) in USA as in July 2014 was $4.80, in China it was only $2.73 (¥16.90) at market exchange rates. So The Big Mac Index says that the Yuan was UNDERVALUED by $43.1% at that time. How To Use It 1. Input the Local Price of the Big Mac Burger. 2. Press the "CALCULATE" button. 3. You will get if the currency of the selected country is Undervalued or Overvalued and which should be the exchange rate (USD Based) for that Burger price. 4. Share the results in Facebook & Twitter. Credits Developed By Pablo Paciello - @PPacie Designed By Rafaela Sinopoli - @Rafs84 HTPressableButton By He Rin Kim - @Herinkc FlatUIKit By @Grouper HTPressableButton & FlatUIKit are Licensed under the terms of the MIT license.

Looking for a PPP calculator by country to compare purchasing power between currencies? Our PPP calculator 2024 makes it easy to calculate. Geosol is a free app that helps you compare your income or expenditure across different countries or regions using the concept of purchasing power parity. This is useful to see how much salary/income you will need to maintain your current quality of life in another country.