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Or if the game is banned in that region you cannot gift it.
It would lead to abuse of regional pricing.
Valve's lowered suggested pricing for those regions don't always mean the devs/pubs will offer lowered USD prices. You can check the difference in price on Steamdb. Starfield as an example...
https://steamdb.info/app/1716740/
If you gift towards a region where the price is lower than what you paid, there shouldn't be any problem.
That is not true. The price difference can't exceed 10% one way or the other.
Ask a financial institute if you want the price of currencies in those countries. Usually a local bank can also give you this information. It is probably easier though to google it yourself though the currency difference.
That's obviously not what they're asking about. Read the context of the thread.
OP asked about different prices on items above. The best way to find out currencies differences is in a financial institutions. Then use math to figure out the price differences. I do it all the time when gifting friends in other countries.
Financial institutions are not going to tell you the price of a game on Steam in another currency. This isn't about exchange rate between different currencies or anything like that anyway, because CIS and certain LATAM countries now have to pay in USD. It's the same currency, they just have a separate region that allows for its own pricing. Not to mention that developers set the prices and they don't always follow Valve's suggested pricing which means it isn't going to reflect the value of the local currencies.
I don't know, mate. I've gifted when the price difference was around 50%, so you tell me how that's possible.