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Big Mac Index App

The Big Mac Index App intends to show whether currencies are at their "correct" value

The Big Mac Index App intends to show whether currencies are at their "correct" value

Big Mac Index App

by Pablo Paciello
Big Mac Index App
Big Mac Index App
Big Mac Index App

What is it about?

The Big Mac Index App intends to show whether currencies are at their "correct" value. It was invented by The Economist in 1986.

Big Mac Index App

App Details

Version
1.1.4
Rating
NA
Size
2Mb
Genre
Finance Utilities
Last updated
September 30, 2017
Release date
August 16, 2014
More info

App Store Description

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 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.

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