Свежие наборы данных и обновления данных из разных источников со всего мира
Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema.
Узнать большеQuick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database.
United States: Higher Education Costs Flat in 2018 Leveraged Loans: A Threat to US Economic Health? E-Commerce Prompting Innovation by Traditional Postal Services Узнать большеSince India was under British rule, the rupee was pegged to the British pound. From 1927 to 1966, 13 rupees = 1 pound. The peg was maintained until 1966 when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar. This peg lasted until the U.S. dollar was devalued in 1971.
Bitcoin is one of the world's most popular digital currencies, meaning that it is exclusively created and held electronically. But, what do we actually know about digital currencies and the potential of these currencies to replace conventional money? Like conventional money, the major function of a digital currency is to serve as a means of payment, whether that is in exchange for goods or real currency, such as dollars and euros. In addition, similar to how a normal currency's exchange rate is set, the price for bitcoins - per the CoinDesk Bitcoin Price Index (XBP) - is based on...
The Big Mac Index invented by The Economist is an informal way of measuring the purchasing power parity (PPP) between two currencies. Calculation of PPPs is based on the assumption that the dollar cost for a Big Mac in a particular country would be the same as in the United States. The indicator is chosen by The Economist magazine, as a measure of PPP, is based on the fact that the ingredients used in the preparation of Big Mac are the same over the globe, and hence variation in dollar cost in any country is a direct measure on the valuation of the currency. The study also points to...
Historical daily, monthly and annual time series. USD, Euro, Japanese yen, Chinese Yuan and other curencies Changes of exchange rates reflect movements of the currency exchange market, that is the interaction between supply and demand for currency units. Increased demand for national currency unit is caused by an increase in demand for national exported goods and services and leads to appreciation of national currency unit. Thus, exchange rate is an important indicator of international trade.
The Economist has recently updated its famous “Big Mac Index” based on McDonald’s Big Mac prices, collected throughout the world. Now the cheapest burgers in US Dollar terms can be bought in Ukraine: for $1.2 only. The most expensive ones are being sold in Switzerland, where you should pay $7.54 for one burger. Big Mac Index shows, how much the national currency is “undervalued” or “overvalued” in relation to “fair” Big Mac price. In respond to the criticism that you would expect average burger prices to be cheaper in poor countries than in rich ones, it was adjusted for...