So I've received official communication from Valve that Steam will soon be offering purchases in my local currency, the South African Rand.
As it stands, the Rand-Dollar exchange isn't great, so the local gaming market has seen a spike in costs of everything related to games.
During this time, however, purchasing games from distributors like Steam, directly using the Dollar currency, made things easier when converting currencies, but I fear this may change.
Do you think this is a good or bad situation?
If you've experienced something similar in your country, please let us know if it worked out better or worse when changing to your local currency.

Almost forgot the GA: Enjoy!

Edit: Please don't forget to bump, I'd appreciate a large consensus.

8 years ago*

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Are local currency purchases better on Steam over the Dollar?

View Results
Yes
No
Maybe
Why are there always potatoes involved in making decisions?

As I live in Brazil, the change was for the best. I've seen many games that sell for 20 dollars be sold for half the price (due to the 1 dollar = 4 reais rate).

8 years ago
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Thanks for the comment.
In Brazil, is buying on Nuuvem better than Steam?

8 years ago
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Similar prices.
The big difference is the region lock (unless otherwise stated, the game is ROW).

8 years ago
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I've never dealt with region-locked games previously.
Here's hoping that it doesn't become an issue with this update as well.

8 years ago
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Well, you most probably will soon. Steam likes to put region locks now left and right. At this rate ROW should be renamed NA+EU.

8 years ago
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There are some awesome packs and discounts there, but I buy most of my games on steam or on bundles. Our prices did not change much over time, but the Dollar currency is the culprit, so our prices seem to low now. Console games are suffering the Dollar problem, so a 60 dollar PS4 or xbox one game is costing 240 to 300 reais. And of course we pay a lot of money for 60 dollar games, even if it seems a lot less because of the dollar rate.

8 years ago
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I make research few days ago.. man... in my country (I'm from Bulgaria, and we use euro in steam) prices of the games are more than 50%. I saw games on regular prices to 70% cheapest then our, but all games that you buy are region locked right?

8 years ago
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yes, they are region-locked, and the prices are an illusion. The dollar rate went too high, and our prices remained the same. This is why they seem so cheap. And games like fallout 4 on pc or brand-new console games are still too expensive for us.

8 years ago
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Concordo. Melhor comprar pagando real do que dollar. Isso porque a Steam ainda segura os preços e os jogos na verdade são vendidos a 1 dollar =2 reais na Steam. Quando chegar a hora em que eles não conseguirem segurar mais, aí ferrou!

8 years ago*
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Pois é, mas acho que não corremos este risco, já que a situação da Rússia é mil vezes pior, né? a moeda deles não vale nada, então os preços são muito baixos pro resto do mundo.

8 years ago
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Depends on where you live I guess. I am from the UK and when I see how much the same game costs in other regions I almost cry a little inside. Sometimes those super cheap games on sale are so cheap that I have a friend who can buy them for less than £0.01 in his local currency. For him the price is so small we don't even have an equivalent currency for it in the UK. lol

Thank you for the giveaway.

8 years ago
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Interesting take. I guess then having a stronger currency than the Dollar is your downfall...but in the long run, perhaps buying earning and buying in Pounds is better.

Every time I'd watch Top Gear and hear the price of some cars in the UK, even after converting, I cry a little.

8 years ago
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I'd love to get store in ARS (argentinian pesos). For every purchase in a foreign currency government adds a 35% tax. So here you would end up paying 81 USD for Fallout 4

8 years ago
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That sucks. We also have the digital tax here now, so I'm not sure if it'll be added now, since it wasn't previously.

8 years ago
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Well it applies to any purchase in a foreign currency here. It doesn't matter if you buy it online or you go to a store in a foreign country and purchase with your credit or debit card.
Hell yeah it sucks! xD

8 years ago
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Say you add funds to a PayPal account, do they add the tax at the start, or when making purchases only?

8 years ago
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They add the damn tax when you pay your credit card bill, or when you (if you find an available method, which currently are scarce here) pay someway directly to Paypal to recharge it. Yeah, they are smart pants. I'm really wishing for a change on the local government on next weeks with the ballotage (second round) election. Otherwise, we have at least 12 years more guaranteed of this 100% BS here

8 years ago
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12 years, WTF?
Our 5 year term is bad enough, but we've had more than 20 years of our current party, and the last 10 have been bad.

8 years ago
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I will try to explain shortly our current political situation "here"

If Scioli wins = He is president for 4 years, under the shadow of the former one, and then in 4 more years she can get elected and reelected again for a total of 8 years. So it would be a 4 (puppet gov) + 8 years of the same hell. And maybe after those 12 years, with another "puppet"...who knows...

If Macri wins....oh well, anything can happen, at least this time I prefer something new because there is NOTHING good from the current gov here....

8 years ago
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Interesting.
Guess we're all in the same boat hating our corrupt governments.

8 years ago
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Corruption is everywhere...even on Japan, the former Prime Minister had to renounce after the Fukushima's cover-up incident, and the new one decided to sent national troops to the war abolishing the same "anti-war self defense" laws promoted (or better said...imposed) in their own country by the USA...which is now the one which pushed again to change them to get better support from Japanese troops...all of this while lots of normally Japanese peaceful folks went to the streets in numbers you haven't seen since the incidents at the end of the '90s asking for NOT putting Japan in the middle of the international war and keep aside of this conflicts (remember in case anyone wants to call them cowards for that, they are always the second target on a strike from North Korea...) Oh, and they even dared to create a bigger, MOAR giant US base on Okinawa at the same time, as a final insult for the Japan nation

8 years ago
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If you look back throughout history and wars, there's always some sneaky hand in there somewhere that played apart in setting off a chain of events, some decades in the making, that trigger these wars. It's insane to keep track of each one until a war breaks out there, but most of the time it's a western nation that attempted to enforce their standards on another nation forcing policy changes and foreign relations, and once those guys leave and a war breaks out, it's as if they had nothing to do with it.

So much going on below the surface and behind the scenes...can't we all just get along and show some love? All of these world issues caused by greed and lack of compassion for our fellow man.

8 years ago
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I totally 100% agree with you there...but they lack of empathy, they only want power and to "live forever in prosperity while laughing at the misery of the others"....

Anyways, and just as a hint (don't even ask), if this "thing" of some shadow characters behind wars and schemes is so old...I ask you: is the "western" so old to match those indeed? Ahem, better-look-at-other-region-of-the-world cough cough

8 years ago
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I'm not quite sure I get the question you ask. Are you suggesting that other, older nations or secret elements exist in the shadows also fueling these wars?

8 years ago
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2 last tips:

*The world (and hence the human society) is much older which may seems sometimes

*You seem to me (from your other comments) to be a very smart person and so intelligent enough to deduce by yourself what I'm pointing at...if we were playing "hide and seek an item" I would say "warmth, warmth" ;)

8 years ago
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Thanks for the compliment, and likewise for you.

Unfortunately for us, being smart and perceptive doesn't change much, but we all have to do our part.
I'm just glad I get the opportunity to be able to do so where I can and not also be suffering like the many.

8 years ago
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Considering that this is the second time in 30 years your country pulls the exact same stunt (only this time they didn't declare the bankruptcy), I would be on the somewhat gloomy side…

8 years ago
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Actually I'm not 100% sure about what you meant by "second time" but if you refer to the ballotage, this is the first one actually, in the previous one the "winner" step down for political interests (it was an international shame) Bankruptcy? We are still on that one, even if they tell "officially" they pay to the international banks and groups...just come to visit us and then give your honest opinion about it, jut be sure to don't bring along your "mochila" (backpack) https://www.youtube.com/watch?v=Iy-bZIHrOZo (facepalm)

I prefer Macri all the way, if you want someone getting the hell out on a helicopter, that should have been our actual Ms. President, or maybe Scioli if he can pilot it with only one hand n.n

Anyways, I don't care too much, thanks God I'm from Uruguay, I can return back to my country safe and sound at anytime if this ship sinks...

8 years ago
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I referred to the great depression in the 90s in Argentina, after a populist government made more efforts attempting to solidify its power for the upcoming decades and just throw money to the population buying sympathy, nearly ending in total bankruptcy even after they pretty much confiscated the savings of the population with the bank account freeze.
And now another populist government does it again, trying to act like it's the British or the current foreign enemy trying to attack their economy instead of accepting it's their own impotency.

It's interesting to see what the outcome will be because we are in a similar shoe currently.

8 years ago
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Oh! The "Menem" times....yeah....well I was basically a little small girl in those years and still living in my real country, but I hear a lot about those times...dark times...in fact it was that same guy the one which step down in the previous ballotage...to allow the current idiots to win and consolidate into power for years....anyways, this time it will be a tough one for them...most of the population hate them, even the poor ones, in fact in the first round they took like FIVE HOURS to tell the first real "results" from the votes, all of this because they wanted to all cost to rig the election, but they couldn't, I just hope they will lose on second round, at least there are already some new winners where the old "I always win" was in an eternal position (like intendences, and in some provinces), and the Peronism is basically going down. "Don't cry for me Argentina....better take that usurper from the power now, she is stealing and using my name and prestige!" xD

8 years ago
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As soon as your credit or debit card is used for a payment (in foreign currency) you get the 35% charged :'( No way to avoid it.
Using paypal may be even worse due to different rates applied by them

8 years ago
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Indeed, it depends on how Paypal takes the change from AR$ to U$S in the moment...still is preferable vs the "blue dollar" and all that BS....

8 years ago
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Por supuesto ;) Wonder if anyone here heard about blue dollar xD

8 years ago
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Probably not, but tourists must have heard about the tourist dollar, and be "happy" about the preferential exchange rate, until someone tell them "Dame tu mochila!" on the next corner and they lost everything GTA style xD

8 years ago
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Lol Dame la mochila xD xD xD

8 years ago
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The GTA "real" version about it: https://www.youtube.com/watch?v=7ytLos52HEs

The "Cumbia" version (Picard's facepalm): https://www.youtube.com/watch?v=0oJ6-wlvtYA <<< Notice it's an actual song made by "Ali Ba ba and the 40 thieves" productions, sold and all in CDs :$ Best proof about how our country goes...MISSION IMPOSSIBLE

8 years ago
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Yeah, that must suck really bad.
Sorry to hear that.

8 years ago
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If you want somewhat comprehensive data, why even include a potato option?

8 years ago
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I figured common sense would prevail, but I'm not a stickler...let people have their fun. :)

8 years ago
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It's not a simple potato! It's Potatoman!!!!

8 years ago
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we still get US price since we live in VN i dont see that fair enoght like our neighbour like malaysia they alway buy game 50% cheaper than us

8 years ago
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Suppose there's nothing I can do to change the fact that the currency switch is coming, but can only hope for the best.
I had no issues with the Dollar purchases thus far.

8 years ago
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only funny thing is GTAV on VN store only 49.99$ that it,but since we are in SEA reagion so it reagion lock just 6 day ago

8 years ago
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Interesting.

8 years ago
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Depends on where you live

8 years ago
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Judging by comments and quick Google, it seems that most currencies with poor conversion to the Dollar would benefit.
The Euro and Pound not so much.

8 years ago
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In my country everything is expensive and my currency is pegged to the €, before that for Deutsche Mark (in a few years € will become our currency, which is essentially good for various other reasons). Often things in €, £, $ are cheaper than in my local currency!!! If you live in a country with high standards, stable economy and when you have a job and money you can buy what you want and then you will not care whether someone paid somewhere a bit cheaper.

8 years ago
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That is correct, yes.

8 years ago
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You can have an example of difference in converted prices here.

8 years ago
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Ah yes, I completely forgot about this site...I have it in my bookmarks.
Thanks for the reminder.
It seems that all stronger currencies than the Dollar suffer, the rest of us benefit from the switch.

8 years ago
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On Steam is euro. This mean i'm paying more, because 1 euro is not equal 1 US $ On GMG british pounds >:( GOG Forever!!!

8 years ago*
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GOG is catching on these days since their update and new client. :)

8 years ago
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I just want to add to what LVS84 said/yes, we live in the same country/, not only we pay in euros / this increases price further because $ 1 is not 1 euro/, but rate is increased too.
And in other places I pay in euros too, but only in Steam there is a difference between what they want and the official rate. Since our currency is linked to the euro.
This is why I am buying extremely rare from Steam.

8 years ago
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Euro € here. Is worse than dollar as € is more worth than $ but the numbers are the same, sometimes even higher.

One example: If something on Steam costs 50 US$ it will cost 50 € in the EU. € is since its existence more worth than US$ (at the moment 1 € = ~1.08 US$).
On top of that it sometimes is even more expensive. Take a look at the Steam controller and Steam link: 49.99$ / 54.99€. (Not to mention the exploding shipping costs to Europe). So the product itself costs almost 10$ more in the EU.

Thank you for the GA.

8 years ago*
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Same here.

8 years ago
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Argh, don't get me started on shipping costs...I've been drowning in that lately and decided not to buy online any longer because often the cost to ship here is equal or higher to what I'm buying.

8 years ago
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doesn't buying in bulk solve that problem?

8 years ago
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But if I'm buying one item for myself and can't afford bulk, then I can't get away with it.
And the local store is more expensive because of import tax and markup.
If you remove shipping costs alone, there'd be a huge influx of online, overseas imports...and I think that's what they (government) don't want.

8 years ago
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Region is good for you but sucks to giveaways.
Region prices, by the way, rarely are the same when you convert currency.
As far as I know, region were created to sell for more acessible prices, considering regional currency.

8 years ago
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Yes, the prices of games (in many regions) are determined by the buying power of the region. For example, Russians do not make the large salaries of North Americans, so it makes sense that RU/CIS games are priced much lower than NA games.

However, RU/CIS games are region locked....this compensates for its lower price.

8 years ago
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Indeed it makes good sense, but it seems to create a bit of animosity for those higher paying customers, especially if they're using the Dollar and not reaping the reward of living in more affluent countries.

8 years ago
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Turkish Lira.
When Steam switched to local currency most of the prices went down. Some publishers doesn't change their prices though.

8 years ago
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And by "some" I assume you mean "Activision and Bethesda". :)

8 years ago
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and 2K and Ubisoft. Though it seems ubisoft lowered their prices.

8 years ago
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I would have been surprised if they didn't. They have issues… large ones… but their marketing people are less of a colossal idiots than most marketing people are.

8 years ago
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Activision and Bethesda are using almost the same price.
Konami, Square Enix and most indies are cheaper. (Though Square started to price its games higher.)
2K is using absolute bullshit rates (XCOM 2 is $76.57).
Ubisoft, Capcom and SEGA are inconsistent.

8 years ago
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That's good to hear.
Just wondering then if items such as the Steam Controller will be sold here and at what cost.

8 years ago
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Still no price for Stem hardware here. I am also curious about that.

8 years ago*
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It could be good for us in SA. We might end up paying the equivalent price that other countries do instead of the US price according to unfavourable exchange rates. Even better if they decide that R1=$1 like they do for the Euro, but I don't think they'd go that far ;)

8 years ago
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If that happens, my inventory will grow substantially over the course of the next few weeks.
Countdown to the 10th. :)

8 years ago
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After the recent devaluation of ruble, games now are more than two times cheaper than in the US. Though, incomes nominated in dollars became two times smaller too.

8 years ago
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The third problem. Guess playing games is a luxury for us where there's such low incomes and poor exchange rates to buy luxury goods.

8 years ago
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In Egypt here Steam uses the US dollar, and saying that 1$ equals 8 Egyptian pounds. so an average 60$ game is sold for around 500 Egyptian pounds.

and since the average wage is 1000 Egyptian pounds (at least that's how much i make, working as a physician in a governmental hospital) , so if live in the street (no rent) and i don't eat or or or or or ,, i will be able to afford TWO AA games monthly :)

sadly there's no hope for a local currency to come to steam because 99.9% of gamers are pirates here, and i can't blame them, really :)

8 years ago
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Oh man, that's extreme. How about prices in local stores, or digital stores?

8 years ago
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All in us dollars, or the equal amount in the Egyptian pound "450 for a game or sth" that's why the market here is always non existent,

8 years ago
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Damn, maybe I should stop complaining then. One game is a 10th of your salary almost, and you're a physician, perceived to be a more higher paying income.

8 years ago
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Sometimes its better, others not so much

8 years ago
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Central Europe here. Euro is so much unfair for me. Even steam sales titles are not always cheap enough to justify buying stuff from steam.
I say, you don't want my money? Ok, i'll buy from local stores or local digital stores.
I don't even wanna mention the power of my currency. For west Europeans games are not that really expensive. But here where i live the purchasing power parity of my currency is low so games even in local stores are still more expensive, even though the prices looks dirt cheap for outsiders

8 years ago
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Although I'd much rather prefer to buy from the local guys to support them, they're often double the price than buying online.
I'm wondering if this change in currency will increase the gap even further and put those local re-sellers under even more strain.

8 years ago
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doesnt matter, you can always keep it in dollars no matter what.

8 years ago
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This by means of switching proxies, etc.? Or something simpler?

8 years ago
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Settings. I normally live in UK but when i go to Bulgaria i change settings so that it keeps my money in Pounds

8 years ago
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Mmmm. Will check those options once the change happens.
But picking up from the SG community that I may benefit from the currency change.

8 years ago
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Not saying you wont benefit, probably will because prices will drop depending on your currency and some games get discounts only on certain countries. Like fking russia has it ez with so many cheap games :D

8 years ago
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Considering I use the dollar ... nope! ;D

8 years ago
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1 dollar = 16.7 mex pesos more or less.

With the change i have been able to get AAA games between 5 and 10 bucks cheaper.

On cheaper games, sometimes its like getting a discount on top of the steam discount. For instance, i believe double dragon its at 2-3 dollars right now since its been discounted, thats around 50-30 pesos if i had gotten it in USD. I got it for 10.

Dragon ball xenoverse cost around 40 bucks 650 pesos. got it for 350. Its a good thing steam is selling now dirt cheap, i can get more games directly from the store and dont have to rely on trades or wait for special sales.

8 years ago
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Sounds like a good deal to me then. Thanks.

8 years ago
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I live in Croatia, our native currency is called "Kuna". We pay in €s in the Store and 1 Euro= 7.57 Croatian Kuna.
I only wish we had prices in dollars since 1 US Dollar = 6.97 Croatian Kuna, but nope, we just have the 1$=1€ policy.
Also, just in case anyone was wondering, our VAT is 25% and the minimum wage (which way too many people live on) is 320€.
So, yeah, it's 85-90% discounts and bundle purchases for me xD

8 years ago*
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The perception that everyone in Europe is able to afford paying in Euros I suppose.
Not a good model for an entire continent to pay the same when there are clearly not as many affluent nations.

8 years ago
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Now if only Steam cared about what you quite accurately realized... xD

8 years ago
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Might become cheaper for you.

8 years ago
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5 more days to find out.

8 years ago
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Well Steam isnt available in my currency to begin with (I dont think it will be any time soon)

8 years ago
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nope, a 60$ cost 60€over here, and that's ore expensive ._.

8 years ago
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It's funny. I voted no.

But I've changed my mind.

Game price should be relative to people's income. We've been shafted in NZ for decades with vast majority of games costing over $100 NZ which is over a day's wage at minimum wage after tax.

It's significantly cheaper in the US until steam came along with and NZ ccy and went the other way and made it cheaper. But ... I would rather we all just got a reasonable price in our local ccy. (yes that means no ROW trading). But just fair pricing.

Humble Bundle et al ++

8 years ago
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my silly goverment would never allow for that, if we get the prices from brazil i would be happy :,D, as it stand we get the US prices, but our games are NOT ROW >.<

8 years ago
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Closed 8 years ago by Ph03n1xSA.