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The Big Mac Index is a price index published since 1986 by The Economist as an informal way of measuring the purchasing power parity (PPP) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible."
Denmark's currency, the krone (DKK), is pegged at approximately 7.46 kroner per euro through the ERM II. Although a September 2000 referendum rejected adopting the euro, [142] the country follows the policies set forth in the Economic and Monetary Union of the European Union (EMU) and meets the economic convergence criteria needed to adopt the ...