Milei Effect: Argentina dethroned Uruguay in the Big Mac Index

At the official exchange rate it costs $7.37, value only exceeded by Switzerland. It is 60% more expensive than in Brazil and Chile. The effects on tourism and foreign exchange demand.

The Argentine peso reached an important milestone in the Big Mac index, displacing the Uruguayan currency as the most overvalued in Latin America. This phenomenon reflects the continuous appreciation of the Argentine currency and the impact of inflation and the exchange rate policies adopted by the country. According to a recent update by Reuters, Argentina positions itself as the nation with the most expensive Big Mac burger in the region, with…

The study makes it possible to compare the purchasing power of coins around the best-selling burger on the planet.

The Argentine peso is the most overvalued currency in Latin America and displaced Uruguay from the top of the Big Mac index.

Globally, Switzerland continues to lead the Big Mac index, with a price of $7.92 for the combo. Behind Argentina and Uruguay are Mexico ($5.56) and Colombia ($4.94), while Brazil, due to the historical depreciation of the real, presents the lowest price in the region