Big Mac Index July 2024 India. The big mac index is a common measure of exchange rates, but can it be used to make trading decisions? A ppp conversion factor helps to.
The big mac index, introduced by the economist in 1986, offers a lighthearted but revealing way to compare the purchasing power parity (ppp) of various currencies around the world. The big mac index is a real and recognized index that compares the price of big macs by country compared to the us.
