5 Most Overvalued currencies

1. SWITZERLAND: $6.76 (6.50 CHF)

Actual exchange rate = 0.96

Implied exchange rate = 1.23

Zurich, which is often cited as the world’s most expensive city, is also fittingly home to the
world’s most expensive Big Mac.

2. NORWAY $6.24 (49 NOK)

Actual exchange rate = 8.02

Implied exchange rate = 9.28

Norway is home to the second most expensive Big Mac burger in the world with a price tag
of $6.24, which is the equivalent of 49 Krone.
3. SWEDEN $6.12 (49.10 SEK)

Actual exchange rate = 8.02

Implied exchange rate = 9.30
Sweden has the world’s third most expensive Big Mac at $6.12, making it the most
expensive in the European Union. Sweden has fallen slightly in the Big Mac Index,
dropping down from the second-place seat it occupied in 2017.

4. UNITED STATES $5.28

The strength of the dollar means that you will pay less for the iconic American
Sandwich almost anywhere else in the world, making it a good time to travel with
the greenback in your pocket.

5. CANADA $5.26 (C$6.55)

Actual Exchange Rate = 1.25

Implied Exchange Rate = 1.24
Canada has seen sharp increase in price from last year’s Big Mac Index, where the
cost was listed at $4.60 – $0.44 less than the US price.
 5 Most Undervalued Currencies
1. UKRAINE $1.64 (47 UAH)

Actual exchange rate 28.72

Implied exchange rate = 8.9
Ukraine is the cheapest country in which to live in in Europe – especially for foreigners.
However, with low cost of living comes low purchasing power.

2. EGYPT $1.93 (34.21 EGP)

Actual exchange rate = 17.70

Implied exchange rate = 6.48
Egypt has the 2nd cheapest Big Mac in the world at just $1.93.
3. MALAYSIA $2.28 (9 MYR)

Actual exchange rate = 3.95

Implied exchange rate = 1.70
Political upheaval has plagued Malaysia in recent times, but this has not decreased this
country’s attractiveness as a fantastic place to live thanks to its low costs of living
(particularly for foreigners) and comfortably high quality of life.

4. RUSSIA $2.29 (130 RUB)

Actual exchange rate = 56.75

Implied exchange rate = 24.62
Russia is one of the largest emerging markets in the world. In 2015, Russia’s economy was
the 6th largest in the world by purchasing power parity and 12th largest in terms of the
GDP.

5.TAIWAN $ 2.33 (69 TWD)

Actual exchange rate = 29.55

Implied exchange rate = 13.07
For many reasons, Taiwan has become an increasingly attractive destination for expats –
particularly those looking to retire abroad in a country where the cost of living is
comparatively lower.