Download this app from Microsoft Store for Windows 10 Mobile, Windows Phone 8.1. See screenshots, read the latest customer reviews, and compare ratings for Currency Update XE.

US DollarToEgyptian Pound100 USD=1574 EGP250 USD=3935 EGP500 USD=7870 EGP2500 USD=39348 EGP5000 USD=78696 EGP7500 USD=118043 EGP25000 USD=393478 EGP1 million USD=15.739 million EGPCurrency Exchange Rate Chart for USDGiven below is the US Dollar exchange rates table. Simple and user friendly US Dollar Exchange Rate Calculator and Forex conversions with other currencies. The table given below shows today's exchange rate of USD against world's major currencies.AUDBHDCADEURINRKWDNZDOMRGBPQARSARSGDAEDJPYCNYUSD1.5470.3781.4040.3091.6650.3850.8183.6413.7581.4233.673107.237.096Convert USD to any of the following currencies.

Contents.OverviewThe Big Mac index was introduced in in September 1986 by Pam Woodall as a semi-humorous illustration of PPP and has been published by that paper annually since then. The index also gave rise to the word burgernomics.One suggested method of predicting exchange rate movements is that the rate between two currencies should naturally adjust so that a sample and services. In the Big Mac Index, the basket in question is a single burger as sold by the fast food restaurant chain. The Big Mac was chosen because it is available to a common specification in many countries around the world as local McDonald's at least in theory have significant responsibility for negotiating input prices. For these reasons, the index enables a comparison between many countries' currencies.The Big Mac PPP exchange rate between two countries is obtained by dividing the price of a Big Mac in one country (in its currency) by the price of a Big Mac in another country (in its currency). Map of countries with at least one McDonald's restaurant, showing the lack of restaurants in AfricaThe Big Mac Index is limited by geographical coverage, due to the presence of the franchise. For example, in is only present in, and (there has been a similar index created solely for called the ': as the name suggests, instead of using a, this index uses 's Original 15 pc.

Bucket to compile its data).In many countries, eating at international fast-food chain restaurants such as is relatively expensive in comparison to eating at a local restaurant, and the demand for Big Macs is not as large in countries such as as in the United States. Social status of eating at fast food restaurants such as McDonald's in a local market, what proportion of sales might be to expatriates, local taxes, levels of competition, and import duties on selected items may not be representative of the country's economy as a whole.In addition, there is no theoretical reason why non-tradable goods and services such as property costs should be equal in different countries: this is the theoretical reason for PPPs being different from market exchange rates over time. The relative cost of high- products, such as essential pharmaceutical products, or cellular telephony might compare local capacity and, as much as relative currency values.Nevertheless, McDonald's is also using different commercial strategies which can result in huge differences for a product. Overall, the price of a Big Mac will be a reflection of its local production and delivery cost, the cost of advertising (considerable in some areas), and most importantly what the local market will bear – quite different from country to country, and not all a reflection of relative currency values.In some markets, a high-volume and low-margin approach makes most sense to maximize profit, while in others a higher margin will generate more profit. Thus the relative prices reflect more than currency values.

For example, a hamburger costs only €1 in, and €1.50 in, but overall, McDonald's restaurants in both countries cost roughly the same. Prices of Big Macs can also vary greatly between different areas within a country. For example, a Big Mac sold in will be more expensive than one sold at a McDonald's located in a rural area.One other example is that Russia has one of the cheapest Big Macs, despite the fact that Moscow is the most expensive city in the world. Standard food ingredients are cheap in Russia, while restaurants suitable for business dinners with English speaking staff are expensive.ManipulationCritics of the in and many economists believe that the government has for years falsified consumer price data to understate the country's true inflation rate. The Economist stated in January 2011 that Big Mac index 'does support claims that Argentina's government is. The gap between its average annual rate of burger inflation (19%) and its official rate (10%) is far bigger than in any other country.' That year the press began reporting on unusual behavior by the more than 200 Argentinean McDonald's restaurants.

They no longer prominently advertised Big Macs for sale and the sandwich, both individually and as part of, was being sold for an unusually low price compared to other items., Secretary of Commerce in the Kirchner government, reportedly forced McDonald's to sell the Big Mac at an artificially low price to manipulate the country's performance on the Big Mac index. In June 2012, the price of the Big Mac value meal suddenly rose by 26%, closer to that of other meals, after The Economist, The New York Times, and other media reported on the unusual pricing. A Buenos Aires newspaper stated 'Moreno loses the battle'. Comparison issuesThe Big Mac (and virtually all sandwiches) vary from country to country with differing nutritional values, weights and even nominal size differences.Not all Big Mac burgers offered by the chain are exclusively beef. In India – which is a predominantly country – beef burgers are not available at any McDonald's outlets.

The Chicken serves as a substitute for the Big Mac.There is a lot of variance with the exclusively beef 'Big Mac': the Australian version of the Big Mac has 22% fewer Calories than the Canadian version, and is 8% lighter than the version sold in Mexico.On 1 November 2009, all three of the McDonald's in closed, primarily due to the chain's high cost of importing most of the chain's meat and vegetables, by McDonald's demands and standards, from the Eurozone. At the time, a Big Mac in Iceland cost 650 krona ($5.29), and the 20% price increase that would have been needed to stay in business would have increased that cost to 780 krona ($6.36). The Economist. 9 April 1998. The Economist. 9 June 2011. Daley, James (6 September 2008).

The Economist. 24 July 2008. From the original on 1 November 2008.

Max, Sarah (30 January 2004). From the original on 6 May 2008. Abbyy finereader pro multilingual 15.1.7 for mac.

Sydney Morning Herald. 18 January 2007. Archived from on 11 April 2008. Archived from on 12 September 2009. Archived from on 10 October 2015.

Gold.de (in German). Retrieved 15 August 2017. Hoefert, Andreas; Hofer, Simone (2006). 2006 Edition. UBS AG, Wealth Management Research: 11.

Archived from (PDF) on 16 February 2008. Cite journal requires journal=. Haccidic original mix whitesquare zippy.

VERSUS. Binsted, Susannah (25 September 2019). McConnell, Campbell; Brue, Stanley (2004).

The Economist. 27 January 2011.

Retrieved 10 June 2012. Faramawy, Sondos. Sagaci Research. Retrieved 20 August 2019. Retrieved 20 August 2019. Hawk, William.

U.S Beureau of Labor Statistics. Retrieved 20 August 2019.

Stichting 2 Oktober. Retrieved 20 August 2019. American Management Association. Retrieved 20 August 2019. ^ Politi, Daniel (24 November 2011). The New York Times.

Retrieved 10 June 2012. ^ Sanguinetti, Andrew (8 June 2012). El Cronista (in Spanish). Buenos Aires, Argentina.

Retrieved 15 June 2012. 13 June 2009. Retrieved 3 November 2016., CBS News, 26 October 2009. ^. 11 July 2018.

^. September 2015.

Archived from (PDF) on 21 June 2017.External links. — contains Big Mac Index data dating back to 1997 (Economist.com subscription required for detail). Aplia. – Discusses origins & significance to international investors – 9 February 2007. Good report on purchasing power containing a Big Mac index (in minutes) as well as for staples such as bread and rice for 71 world cities.

Very thorough article on the time-based Big Mac index. – Currency conversion calculator that uses the Big Mac Index.