Steam currency and the Norwegian Krone

[Heimdall777]

Steam recently converted the Euro to the Norwegian Krone in Norway. Do you think the prices will increase and and become more different, like how 1 USD is the same as 1 EUR, even though 1 USD is less than 1 EUR.

[Satoru]

Pricing per region depens on a variety of factors including taxation, standard of living, prices of other goods, etc

[Andersen]

I for one is super happy with the change, hopefully they'll keep it exactly like this.
Instead of the $ = € -> NOK bs, we now just directly go $ -> NOK.

[Machin Ator]

Originally posted by Satoru:

Pricing per region depens on a variety of factors including taxation, standard of living, prices of other goods, etc

you missed 'publisher greed' and 'Valve complicity'

none of the actual arguments for real-world goods regional pricing applies to digital goods with no shipping costs and where the retailer doesnt even operate an office in-country

[Iffeonline]

Originally posted by Andersen:

I for one is super happy with the change, hopefully they'll keep it exactly like this.
Instead of the $ = € -> NOK bs, we now just directly go $ -> NOK.

We're not going directly from dollars to kroner. We pay more than that here in Norway after this change.

[Seigmann]

Originally posted by Andersen:

I for one is super happy with the change, hopefully they'll keep it exactly like this.
Instead of the $ = € -> NOK bs, we now just directly go $ -> NOK.

If you believe that, I have some money in a Nigerian bank that I need your help getting out of the country. Seriously though, let me give you an example of the ridiculous "exchange fee" that they've started charging. Borderland: The Pre-Sequel costs US$ 49.99. Using today's exchange rate, that equals about NOK 322.50. What does it cost? 400. That's a 24% markup. That's not something to be happy about.

[Heimdall777]

Originally posted by Seigmann:

Originally posted by Andersen:

I for one is super happy with the change, hopefully they'll keep it exactly like this.
Instead of the $ = € -> NOK bs, we now just directly go $ -> NOK.

If you believe that, I have some money in a Nigerian bank that I need your help getting out of the country. Seriously though, let me give you an example of the ridiculous "exchange fee" that they've started charging. Borderland: The Pre-Sequel costs US$ 49.99. Using today's exchange rate, that equals about NOK 322.50. What does it cost? 400. That's a 24% markup. That's not something to be happy about.

Thanks for the detailed facts :) I for one, was not very excited about these news.

[asaxrud]

Originally posted by Seigmann:

Seriously though, let me give you an example of the ridiculous "exchange fee" that they've started charging. Borderland: The Pre-Sequel costs US$ 49.99. Using today's exchange rate, that equals about NOK 322.50. What does it cost? 400. That's a 24% markup. That's not something to be happy about.

Considering two days ago a game like Civilization: Beyond Earth cost EURO 49.99 for Norwegian customers, which with today's exchange rate would be about NOK 410, and now costs NOK 340, I think it actually is something to be happy about :)

I think Borderlands was also EURO 49.99 before the change (meaning it, too, would be a little cheaper now than before), but I can't be sure since it wasn't one of the handful of games I decided to write down the price for prior to the change. All of the games I did check have either stayed at approximately the same price or become cheaper.

[Andersen]

As Asaxrud says, almost every game I've checked have either stayed roughly the same or dropped in price.

Below is a couple of examples:

AssCreed III Deluxe
Yesterday: 10€ (82 NOK)
Today: 83,75 NOK

Shadow of Mordor
Yesterday: 50€ (410 NOK)
Today: 340 NOK

Terraria
Yesterday: 10€ (82 NOK)
Today: 70 NOK

Payday 2
Yesterday: 28€ (230 NOK)
Today: 200 NOK

Skyrim
Yesterday: 15€ (123 NOK)
Today: 140 NOK

Startopia
Yesterday: 6€ (49 NOK)
Today: 50 NOK

One Finger Death Punch
Yesterday 5€ (41 NOK)
Today: 30 NOK

The currency caluclator I used: https://www.dnb.no/bedrift/markets/valuta-renter/kalkulator/valutakalkulator.html

That being said, I do fear for my fellow Norwegians, when you feel ripped off for paying less...
Oh, and if you got a "scheme" on this level, Seigmann, I'll gladly help you get those money out :)

[Burnalot87]

What's funny is that they seem to round up numbers to make them look better than what they are. That can go either way if they keep this up. Sometimes cheaper and sometimes more expensive. Oh well, if things don't get worse than this im fine with it, still marginal differances. ill still wait for sales to pop anyway. Why pay full price when you can wait a few months and get a much better deal.

@Andersen I guess it's because we are used to be riped off one way or another. It's natural for us to assume we are getting riped off. Even if it's not the case.

[Bash]

Yes they are Breaking the Market up from 1 to many so they can price things differently and give different discounts in the future like how Xbox digital market place works. Good for Profits bad for us, there are other trusted digital pc game sites that you can purchase steam keys with global pricing

[Chachingatan]

It's so f*n obvious, they are putting out Beyond earth and shadow of mordor cheap to appease the masses, "Ohh look derp, is cheaper than was before, currency change good!"

Look at Far Cry 4 in the US it's 59,99 USD and here it's 499 NOK, not that big a difference? Let's look at it from the other side, what if it cost 77.5 USD, that's 499 NOK, if they tried to pull that ♥♥♥♥ in the states people would howl second amendment and besiege gabe's house..... *slightly disgruntled*

Though to be fair, If I remember correctly it's developers who set the prices... So booo ubisoft =(

[Antice]

It looks to me that most games are going for store bought prices minus the tax. look at Civ BEO for instance. it's market at 340NKR, with taxes that would be aprocimately 450NKR. So it's actually priced in the middle range for a tripple A game as far as profit for the seller is concerned.

[glowpiPe]

Older cheaper games have been analy raped.

Battlefield Bad company 2 Old price 9.99 euro (81kr) now its 180k. Almost 125% increase
Burnout ultimate paradise: 5.99 euro (49kr) now its 140kr. almost 200% increase.
Mass effect 1. 65kr to 140..

So i guess there is one thing left to say. Fu steam. 50-100 % more for games. Aint gonna happen. i will now buy my games another place.