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Big Mac Index shows Ukraine’s hryvnia undervalued by 61.3%
Journal Staff Report

KYIV, July 12 – The Economist has published updated data on the rating of world currencies, the so-called Big Mac Index, according to which the cost of the hryvnia is undervalued by 61.3%, and the real rate according to purchasing power parity should be UAH 9.93 per U.S. dollar, the Ukrainian Dzerkalo Tyzhnia (Mirror Weekly) ezine said.

Early this year, the Ukrainian currency was underestimated by 65.2% according to the Big Mac Index.




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Currencies (in hryvnias)
  22.04.2024 prev
USD 39.79 39.60
RUR 0.426 0.421
EUR 42.38 42.28

Stock Market
  19.04.2024 prev
PFTS 507.0 507.0
source: PFTS

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