The Big Mac Index 2024 Wikipedia. The big mac index is a useful tool for understanding how much your dollar will go in different countries, which can help you budget for a trip abroad. Martin armstrong, jan 27, 2020.

The big mac index is published by the economist as an informal way of measuring the purchasing power parity (ppp) between two currencies and provides a test of the extent to which market exchange rates result in goods costing the same in. But the dollar’s rise against the euro and pound has been more than required to offset this.