Currency Valuation vs USD (Big Mac)
How over- or undervalued each currency is against the US dollar, judged by relative Big Mac prices (raw index). Semiannual index, 2019–2026 shown.
Source: The Economist — Big Mac Index Licence: Open data (The Economist, GitHub) Unit: % Parsed: 2026-07-13 Open source ↗
Avg (2026)
-20.6%
+3.3pp vs 2025
Improving
27
of 53 tracked
Declining
21
period over period
Stable
5
±0.5pp band
Over(+)/under(−)valuation vs USD (%)
Interactive — choose a period, search a country, switch between bars, table and map.
Trend over time
Group average by period, 2019–2026.
AsiaAmericasEuropeAfrica
Movers
Biggest period-over-period changes.
Top risers
| Entity | Now | Change |
|---|---|---|
| 🇺🇾 Uruguay | 43.1% | +23.8pp |
| 🇮🇱 Israel | 4% | +22.6pp |
| 🇩🇰 Denmark | 16.7% | +21.9pp |
| 🇲🇽 Mexico | 0.8% | +21.3pp |
| 🇸🇪 Sweden | 18.6% | +20.7pp |
Top fallers
| Entity | Now | Change |
|---|---|---|
| 🇦🇷 Argentina | -9.6% | -29.7pp |
| 🇻🇪 Venezuela | -33.9% | -10.8pp |
| 🇰🇷 South Korea | -38.9% | -5.3pp |
| 🇱🇧 Lebanon | -12.4% | -5.0pp |
| 🇻🇳 Vietnam | -52.7% | -5.0pp |
By group
Change by group, latest period.
Europe +10.7pp
Americas +2.9pp
Africa +1.8pp
Asia -0.20pp
| Group | Members | Avg | Change |
|---|---|---|---|
| Europe | 13 | -4.6% | +10.7pp |
| Americas | 14 | -9.6% | +2.9pp |
| Asia | 24 | -33.1% | -0.20pp |
| Africa | 2 | -50.9% | +1.8pp |