The US dollar is taking a beating. It’s been on a steady decline for two years, and was recently surpassed by the Canadian “loony”. It’s at record lows against the Euro. Even the Mexican peso is at a seven year high against the dollar.
On the day I moved to Denmark, it took 6.28 Danish crowns to buy a dollar. Today it’s today 5.10 — almost a 20% difference. Given this, some of the prices I talked about earlier here have changed, especially compared to February 2006, when I got here.
For example, a Big Mac meal is now $9.21 in Copenhagen (it was $7.48). A large glass of beer runs about $9.80 in the popular parts of town (it was $7.96), and is $7.45 at my favorite cafe (it was $6.05). And gas is $7.43 a gallon here now (it was under $5.43, but part of that increase is just higher gas prices).



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