ESOP Blog

Official European Society of Oncology Pharmacy Blog

Spending money in Hungary: Great dinners or shopping..

Spending money in Hungary: Great  dinners  or shopping..

Do you all know the Hamburger Index?

I think everybody is familiar with a Big Mac 😉

So this Index was first published 1986 by THE ECONOMIST. The idea was to measure the purchasing power parity between two currencies and provides a test of the extent to which market exchange rates result in goods costing the same in different countries (http://articles.latimes.com/2012/jan/18/business/la-fi-mo-big-mac-index-20120118).

The Eurozone is mixed, as prices differ widely in the EU area.

In 2012 the price of a Big Mac in US was 4,2$.

So, when you are spending money in Hungary you can easily see what your money is worth in 2012:

COUNTRY US Dollar
Switzerland 6,81
Norway 6,79
Denmark 5,73
United States 4,20
Germany 3,96
Britain 3,82
Turkey 3,54
Czech Republic 3,45
Lithuania 2,87
Austria 2,74
Hungary 2,63
Poland 2,58
China 2,44
India 1,62

*sorry for not listing all European countries, but numbers were not available for all of them.

Chair of Publication

Doris Haider

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This entry was posted on July 16, 2012 by .

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