Monday, March 8, 2010

What does a Big Mac have in common with an IPOD???

Just found this.  See how much it costs to buy an IPOD in different countries.  It is somewhat similiar to The Economist magazines "Big Mac Index".  The price of  IPOD in the US is $149.00...As an example, look at Argentina.  The Peso price of an IPOD Nano (8G) is 1,299 Pesos (from Apple website HERE)...The PPP exchange rate would be 1,299 Pesos divided by $149 = 8.72 Pesos ($1.00 = 8.72 Pesos) The ACTUAL exchange rate is $1.00 exchanges for 3.90Pesos.  So if you divide 1,299 Pesos by 3.90 Pesos ($1.00 buys 3.90 Pesos) you get a dollar price of $333.07 for the IPOD (slightly different than the price below...exchange rate change since Oct 2009). VERY expensive IPOD in Argentina!!

CommSec iPod nano index


8 gigabytes, October 2009

$US                                                $US

Argentina $336.43                   Malta $207.15

Brazil $333.56                         Spain $207.15

Iceland $320.95                      Portugal $207.15

South Africa $283.65              Italy $207.15

Hungary $278.42                    Belgium $207.15

Vietnam $275.56                    Ireland $207.15

Egypt $269.43                       Germany $207.15

Uruguay $265.00                   El salvador $199.00

Serbia $254.99                       Guatamela $198.11

Czech $253.29                       Costa Rica $197.45
         
Ukraine $248.00                     Luxembourg $196.89

Croatia $246.73                      Switzerland $195.37

Romania $236.65                    Taiwan $194.14

Bulgaria $234.34                     Greece $194.11

Lithuania $233.33                    Korea $194.05

Chile $231.68                          NZ $191.80

Finland $231.00                       India $191.75

Slovenia $231.00                     Peru $188.47

Estonia $230.63                       Philippines $188.06

Latvia $229.84                          UK $188.03

Norway $222.45                      Thailand $182.76

Austria $222.06                       Australia $182.28

France $222.06                       Pakistan $179.98

Slovakia $222.06                    Mexico $178.90

Denmark $219.80                   UAE $176.65

Russia $218.26                      Turkey $175.84

Sweden $214.41                    Malaysia $175.43

Indonesia $212.69                  China $175.22

Azerbaijan $210.46                Saudi Arabia $170.22

Cyprus $208.63                     Singapore $163.69

Israel $208.50                        Canada $162.88

Sri lanka $208.42                    Japan $162.76

Poland $208.22                      Hong Kong $150.68

Netherlands $207.15             US $149.00

Source: CommSec, Apple
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