Between the Big Mac Index 2007 to the Big Mac Index 2012, Venezuela is WAY up ….. 83%. The British Pound is way down.
Big Mac Index prices indicate how well your country has weather the financial storm since 2008.
From The Braiser:
“Measuring the Big Mac’s value against its cost back in July 2007, when global money markets first started showing signs of trouble, the Index shows how currency in different countries has either wildly inflated, or dramatically devalued, over the past five years.”