The Milk Index

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The milk index is a index designed by the Aria school of economics as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides 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".

Country Currency Milk Value 1L Milk Value (in US$) Implied PPP of the Zara Actual exchange rate of Zara  % valuation against the Zara
Nithalosia Zara .85 $0.34 1 1 0
Samarkainia Aseneam 0.5ɇ $1.33 1.7 .95 +78.95%
Vösia Kruna 1.45 Kr $1.07 .58 3.375 -82.26%
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