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KFC Index facts for kids

Kids Encyclopedia Facts

The KFC Index is an economic index which compares the purchasing power of two currencies in African countries. It is related to the Big Mac Index, but the KFC Index is only about Africa. The Big Mac Index is about many countries in the world, but it can't be used for Africa. This is because there aren't many McDonald's in Africa. KFC is in almost 20 countries in Africa, so it is easier to use.

Figures

In February 2016:

Most overvalued currencies

 Angola 72%

 Morocco 30%

Most undervalued currencies

 South Africa -48%

 Egypt -34%

 Namibia -32%


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KFC Index Facts for Kids. Kiddle Encyclopedia.