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You pay A$20 for the Steam card. When you put the code into your account, you get US$14, because of the currency conversion, since the Wallet is in USD. Game prices on Steam are in $USD, so when you buy from the Wallet, there is no conversion.
So i was wondering was doesn`t Steam(Valve) make it so Australia get $50 out of a $50 steam wallet code because i can rarely get a wallet code because of the low amount of money you get from a $20, $50 and $100 steam wallet codes.