Uruguay’s peso the most “overvalued” currency as it tops Big Mac index ranking
Published on: Monday 02 February 2026
Uruguay’s peso has been labelled the world’s most “overvalued” currency against the U.S. dollar on a GDP-per-capita-adjusted basis, according to the latest Big Mac Index published by The Economist and cited by Uruguayan media. Under the adjusted methodology, the peso is estimated to be 83.9% above its implied “long-run equilibrium.” In the unadjusted ranking, Uruguay places second, with 43.1% overvaluation, behind the Swiss franc.
News source: https://en.mercopress.com/2026/02/03/uruguay-s-peso-the-most-overvalued-currency-as-it-tops-big-mac-index-ranking
