Tuesday, November 23, 2010

The Big Mac Index

The price if a Big Mac here is 3.30 Euros. That is about $4.42. Since it costs about $2.89 in Klumbus Ahia, we now have a better comparison for the relative value of currencies. This is still far from perfect but may be better than the exchange rate. Using this comparator the true exchange rate is about 1.52 Euros to the dollar.


It may also be of interest that the beer at MickyDees costs 1.90 Euros a glass. I've bought beer at McD's in Spain, Italy, France, Belgium and Germany. I am ashamed to admit that I entered the reviled place but I wanted a photo and the receipt. This time I will settle for a photo.


I assure you one and all that I will not cross the threshold of a Starbucks.

Duck out

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