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: 2026-09-28 Open source ↗
Avg (2026)
-18.7%
+3.2pp vs 2025
Improving
30
of 53 tracked
Declining
21
period over period
Stable
2
±0.5pp band
Over(+)/under(−)valuation vs USD (%)
Interactive — choose a period, search a country, switch between bars, table and map.
azenha.ai/bulldozer
Trend over time
Group average by period, 2019–2026.
AsiaAmericasEuropeAfrica
azenha.ai/bulldozer
Movers
Biggest period-over-period changes.
Top risers
| Entity | Now | Change |
|---|---|---|
| 🇨🇴 Colombia | 28.7% | +33.9pp |
| 🇮🇱 Israel | 23.3% | +24.4pp |
| 🇹🇷 Turkey | 11.1% | +18.0pp |
| 🇺🇾 Uruguay | 43.7% | +14.1pp |
| 🇨🇷 Costa Rica | 12.5% | +13.5pp |
Top fallers
| Entity | Now | Change |
|---|---|---|
| 🇸🇪 Sweden | 15.1% | -6.7pp |
| 🇵🇭 Philippines | -56% | -5.6pp |
| 🇹🇼 Taiwan | -61% | -5.3pp |
| 🇮🇩 Indonesia | -61.7% | -4.7pp |
| 🇹🇭 Thailand | -35.4% | -4.7pp |
By group
Change by group, latest period.
Americas +9.0pp
Africa +4.9pp
Europe +3.3pp
Asia -0.50pp
| Group | Members | Avg | Change |
|---|---|---|---|
| Europe | 13 | -2.6% | +3.3pp |
| Americas | 14 | -5.2% | +9.0pp |
| Asia | 24 | -32.8% | -0.50pp |
| Africa | 2 | -48.9% | +4.9pp |
Currency Valuation vs USD (Big Mac) — full ranking
Every entity in this dataset, in HTML. The interactive panel above shows the same numbers; this is the one that survives without JavaScript.
| # | Entity | Over(+)/under(−)valuation vs USD (%) | Change |
|---|---|---|---|
| 1 | 🇨🇭 Switzerland | 45.4% | -4.2pp |
| 2 | 🇺🇾 Uruguay | 43.7% | +14.1pp |
| 3 | 🇳🇴 Norway | 29.5% | +7.4pp |
| 4 | 🇨🇴 Colombia | 28.7% | +33.9pp |
| 5 | 🇮🇱 Israel | 23.3% | +24.4pp |
| 6 | 🇬🇧 Britain | 19% | +5.5pp |
| 7 | 🇸🇪 Sweden | 15.1% | -6.7pp |
| 8 | 🇩🇰 Denmark | 13.1% | -3.5pp |
| 9 | 🇨🇷 Costa Rica | 12.5% | +13.5pp |
| 10 | 🇹🇷 Turkey | 11.1% | +18.0pp |
| 11 | 🇲🇽 Mexico | 0.8% | +13.0pp |
| 12 | 🇵🇱 Poland | 0% | +3.4pp |
| 13 | 🇺🇸 United States | 0% | 0.00pp |
| 14 | 🇦🇺 Australia | -4.3% | +8.9pp |
| 15 | 🇦🇷 Argentina | -5% | +9.6pp |
| 16 | 🇨🇦 Canada | -6.5% | +2.5pp |
| 17 | 🇸🇬 Singapore | -7.2% | +2.8pp |
| 18 | 🇨🇿 Czech Republic | -12.6% | +2.0pp |
| 19 | 🇨🇱 Chile | -13.1% | +9.5pp |
| 20 | 🇱🇧 Lebanon | -13.8% | -3.0pp |
| 21 | 🇭🇺 Hungary | -14.8% | +10.9pp |
| 22 | 🇭🇳 Honduras | -16.5% | +12.5pp |
| 23 | 🇦🇪 United Arab Emirates | -16.8% | -2.9pp |
| 24 | 🇳🇿 New Zealand | -17.4% | -2.6pp |
| 25 | 🇳🇮 Nicaragua | -17.9% | +5.3pp |
| 26 | 🇸🇦 Saudi Arabia | -18.7% | -3.0pp |
| 27 | 🇵🇪 Peru | -19.7% | +1.5pp |
| 28 | 🇶🇦 Qatar | -20.5% | +1.8pp |
| 29 | 🇧🇭 Bahrain | -23.2% | -2.6pp |
| 30 | 🇧🇷 Brazil | -24.4% | +4.0pp |
| 31 | 🇲🇩 Moldova | -26.7% | +4.1pp |
| 32 | 🇰🇼 Kuwait | -27.3% | -3.5pp |
| 33 | 🇻🇪 Venezuela | -27.5% | +2.5pp |
| 34 | 🇬🇹 Guatemala | -28.3% | +4.4pp |
| 35 | 🇦🇿 Azerbaijan | -31.4% | +5.4pp |
| 36 | 🇹🇭 Thailand | -35.4% | -4.7pp |
| 37 | 🇷🇴 Romania | -35.6% | -0.10pp |
| 38 | 🇴🇲 Oman | -36.1% | -2.1pp |
| 39 | 🇨🇳 China | -37.1% | +3.8pp |
| 40 | 🇵🇰 Pakistan | -37.5% | -0.60pp |
| 41 | 🇰🇷 South Korea | -38.3% | -4.6pp |
| 42 | 🇲🇾 Malaysia | -42.6% | +4.3pp |
| 43 | 🇯🇴 Jordan | -43.3% | -2.0pp |
| 44 | 🇿🇦 South Africa | -44% | +5.8pp |
| 45 | 🇺🇦 Ukraine | -46.4% | +1.1pp |
| 46 | 🇭🇰 Hong Kong | -47.7% | -0.70pp |
| 47 | 🇯🇵 Japan | -50.4% | -4.1pp |
| 48 | 🇻🇳 Vietnam | -53.5% | -1.9pp |
| 49 | 🇪🇬 Egypt | -53.9% | +4.0pp |
| 50 | 🇵🇭 Philippines | -56% | -5.6pp |
| 51 | 🇮🇳 India | -60.5% | -4.3pp |
| 52 | 🇹🇼 Taiwan | -61% | -5.3pp |
| 53 | 🇮🇩 Indonesia | -61.7% | -4.7pp |