All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. The Economists Big Mac Index calculates these Big Mac comparisons for 55. At current market exchange rates, that comes out to only 3.47. Google converted Danish kroner to United States dollars at an exchange rate of 0.15 to DKr1 DRr30 worked out to 4.54. In China, you can get the same thing for 22.4 yuan. According to the Economist‘s Big Mac Index on November 23 2021, Big Macs cost 5.65 in American dollars, and DKr30.00 in Danish kroner: A Big Mac costs DKr30.00 in Denmark and US5.65 in the United States. The Big Mac Index is a tool devised by economists in the 1980s to examine whether the currencies of various countries offer roughly equal levels of basic affordability. Example: in July 2008 the price of a Big Mac was : 3. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. You could also use PPP to find out where you could get a McDonalds Big Mac for less. Definition Big Mac Index informal way of measuring the purchasing. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes.
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