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Thus, the Russian ruble is the world’s most undervalued (cheapest) currency according to the Big Mac Index. The Russian ruble exchange rate expressed in the Big Mac Index in January 2022 is 23.24 ruble per dollar.Ĭonsidering that the current market rate of the Russian currency is about 77.42 ruble, rather than 23.24 per US dollar, the ruble is undervalued by approximately 70%. The most relevant Big Mac Index so far (as of January 2022) is presented in the table below. While the average in the U.S., for instance, is $8, it falls to as little as $6.75 in such cities as Albuquerque and Phoenix, according to the global comparison platform Versus.
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Note that prices may vary within countries. Because the data is crowd-sourced, it may vary slightly from week to week.) (Our prices were collected the week of Aug. To determine the average cost of a typical McMeal (consisting of a burger or other main item plus fries and a soft drink) or the equivalent combo meal in 75 countries around the world, 24/7 Tempo consulted Numbeo, a crowd-sourced global database of consumer prices and other quality-of-life information. )Ĭlick here to see how much a meal at McDonald’s costs around the world (In marked contrast to McDonald’s, even where it’s comparatively pricey, these are the world’s most expensive restaurants. The Economist even introduced what it dubbed the Big Mac Index in 1986 as a not entirely serious though not at all inaccurate measure of the comparative value of various currencies. In many parts of the world it can be more expensive than other options. In its homeland, McDonald’s is often one of the cheapest places to eat. (Not surprisingly, it takes first place in the roster of America’s most successful restaurant chains. Beer is on the beverage menu in Belgium, Germany, Sweden, and at least a dozen other countries. You can get Bubur Ayam Mc D (savory chicken porridge) at the Golden Arches in Malaysia, a McPollo Italiano (crispy chicken with mashed avocado) in Chile, a Quinoa Curry Burger in Switzerland.
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Menus differ from place to place to satisfy local tastes and customs. From its humble beginnings as a California burger spot, McDonald’s has grown into a global empire with almost 40,000 restaurants serving about 69 million people a day in more than 100 countries - including places where it would have been hard to imagine an American fast-food presence, for political or cultural reasons, until recent times.
![Average cost of a big mac meal](https://kumkoniak.com/106.jpg)