Greece
Last Updated on Monday, 19 April 2010 04:08 Written by admin Sunday, 14 March 2010 07:45
The Economist only reported data on Greece for the Big Mac Index in 1994, 1998, 1999, and 2000. The reason that Greece stopped being part of the Big Mac Index in 2000 is because they adopted the Euro on January 1st, 2001.
Greece Big Mac Index Stats
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Big Mac | Big Mac | Actual | Implied PPP | Valuation relative | |
Local | Dollars | Exchange Rate | of the $ | to the $ | |
1994 | 620 | 2.47 | 251 | 270 | 7% |
1998 | 575.28 | 2.04 | 282 | 223 | -26% |
1999 | 647.244 | 2.34 | 276.6 | 246 | -12% |
2000 | 650.7165 | 2.03 | 320.55 | 267 | -20% |
Tags: Greece
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