Burgernomics is a fun way of comparing currencies around the world by taking the cost of a typical Big Mac burger against the price of the same burger in New York.
Big Macs are a useful control for the experiment because they are the same size, weight and recipe just about everywhere.
So, says The Economist magazine which monitors the data, by taking a base currency, such as the US dollar and comparing the price of a Big Mac in New York with one in another city, the difference between the prices represents how under or over valued the currency is against the US dollar.
Over and undervalued currencies v US$
| Country | Currency | % Value v US$ | Big Mac price in local currency |
| Switzerland | Franc | 14.00 | 6.50 |
| USA | $ | 0.00 | 5.74 |
| Sweden | Krona | -6.20 | 51.00 |
| Canada | C$ | -10.20 | 5.74 |
| Norway | Krone | -15.40 | 42.00 |
| Israel | Shekel | -17.00 | 17.00 |
| Uruguay | Peso | -18.80 | 164.00 |
| Brazil | Real | -19.90 | 17.50 |
| Euro area | Euro | -20.30 | 4.08 |
| Denmark | Krone | -21.50 | 30.00 |
| Lebanon | Pound | -24.90 | 6500.00 |
| Singapore | S$ | -25.80 | 5.80 |
| Australia | A$ | -25.80 | 6.15 |
| New Zealand | NZ$ | -26.30 | 6.40 |
| Britain | Pound | -28.50 | 3.29 |
| UAE | Dirham | -30.00 | 14.75 |
| Costa Rica | Colón | -31.40 | 2290.00 |
| Thailand | Baht | -32.70 | 119.00 |
| Chile | Peso | -33.30 | 2640.00 |
| South Korea | Won | -33.60 | 4500.00 |
| Czech Rep. | Koruna | -35.00 | 85.00 |
| Bahrain | Dinar | -35.30 | 1.40 |
| Colombia | Peso | -35.80 | 11900.00 |
| Sri Lanka | Rupee | -36.50 | 640.00 |
| Kuwait | Dinar | -37.10 | 1.10 |
| Japan | Yen | -37.50 | 390.00 |
| Qatar | Riyal | -37.80 | 13.00 |
| Honduras | Lempira | -38.80 | 86.00 |
| Saudi Arabia | Riyal | -39.60 | 13.00 |
| Croatia | Kuna | -41.90 | 22.00 |
| Nicaragua | Córdoba | -42.20 | 110.00 |
| Guatemala | Quetzal | -43.30 | 25.00 |
| Jordan | Dinar | -43.50 | 2.30 |
| Peru | Sol | -44.30 | 10.50 |
| Oman | Rial | -45.20 | 1.21 |
| Hungary | Forint | -46.00 | 900.00 |
| Pakistan | Rupee | -46.90 | 480.00 |
| China | Yuan | -46.90 | 21.00 |
| Argentina | Peso | -50.00 | 120.00 |
| Poland | Zloty | -50.60 | 10.80 |
| Vietnam | Dong | -51.30 | 65000.00 |
| Philippines | Peso | -51.80 | 142.00 |
| India | Rupee | -53.50 | 183.00 |
| Mexico | Peso | -53.90 | 50.00 |
| Hong Kong | HK$ | -54.30 | 20.50 |
| Egypt | Pound | -56.00 | 42.00 |
| Turkey | Lira | -57.40 | 13.99 |
| Moldova | Leu | -57.90 | 43.00 |
| Azerbaijan | Manat | -59.40 | 3.95 |
| Taiwan | NT$ | -59.80 | 72.00 |
| Indonesia | Rupiah | -60.50 | 32000.00 |
| Ukraine | Hryvnia | -61.30 | 57.00 |
| Romania | Leu | -61.60 | 9.30 |
| South Africa | Rand | -61.90 | 31.00 |
| Malaysia | Ringgit | -62.80 | 8.85 |
| Russia | Rouble | -64.50 | 130.00 |
Source: The EconomistJuly 19, 2019
