Mexico now has its own iTunes Music Store with singles selling for 15 pesos a piece. Figured that was time for another update of the iTunes Currency Index. Notice that Mexicans are paying 38% more than those North for iTunes songs. An odd sort of price discrimination to say the least.
|Currency||Exchange Rate||Local iTunes Price||Implied Exchange Rate||Over/UnderValue (%)|
Accessed from MSN Money: 21/11/2007 11:57:00 AM
Update: OK, cancel this story. It was just a rumour, so ignore Mexico. The new Index figures are right though.