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Ukrainian hryvnia 65.2% undervalued to U.S. dollar: Big Mac Index
Journal Staff Report

KYIV, Jan 14 The Ukrainian hryvnia as of January 2019 is undervalued to the U.S. dollar by 65.2%, according to the Big Mac index calculated by The Economist magazine based on the price of a burger at McDonald's fast food restaurants in different countries.

The cost of Big Mac burger in Ukraine is UAH 54, and in the United States it is $5.58. The exchange rate [implying purchasing-power parity] is UAH 9.68 per $1, The Economist said in documents on its website.




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Currencies (in hryvnias)
  23.08.2019 prev
USD 25.04 25.20
RUR 0.382 0.380
EUR 27.75 27.99

Stock Market
  22.08.2019 prev
PFTS 527.1 537.1
source: PFTS

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