Have current USD -> CAD conversion rate being used available to the public

[Matt from SUMY Corp]

Alot of people are rightfully worried about being screwed over. I am one of these people. I would like a section on the frontpage to show the current exchange rate. Something small next to the amount of C$ in my wallet or something? Or maybe a small graph under the graph showing how many people are online, like this.

http://i.gyazo.com/f95890686e375b07b97cb6246a8f1728.png

That would be cool. Thanks.

[Satoru]

Thre is no 'exchange rate' fo the prices on the store

They are priced in CAD. They will stay that price.

The only conversion that happened is the Steam Wallet.

The prices on the store won't change.

WHat you are asking for is not necessary.

[CS-KPA3]

+5
have seen the US market keep the CAD at a low value for too long. even if the market shows the currency ON PAR or slightly above.

[Matt from SUMY Corp]

Originally posted by Satoru:

Thre is no 'exchange rate' fo the prices on the store

They are priced in CAD. They will stay that price.

The only conversion that happened is the Steam Wallet.

The prices on the store won't change.

WHat you are asking for is not necessary.

The exchange rate is to make sure that the price of a game in USD is equal to the price of a game in CAD.

Ex. The price of a game priced in CAD should match the price of the same game priced in USD when run through the conversion rate. So if a game is $10 USD, and CAD is priced at $12.99, but $10 USD only actually costs $11.45 CAD, we shouldn't be unnecessarily charged more.

[Pheace]

As an EU user this all feels so half a decade ago.

[Satoru]

Originally posted by YayitzMatt:

Ex. The price of a game priced in CAD should match the price of the same game priced in USD when run through the conversion rate. So if a game is $10 USD, and CAD is priced at $12.99, but $10 USD only actually costs $11.45 CAD, we shouldn't be unnecessarily charged more.

You're forgetting the 2-3% foreign transaction fees you were paying before.

[Satoru]

Originally posted by Pheace MCT:

As an EU user this all feels so half a decade ago.

At least te Euro conversion resulted in a 10-15% jump in price. For some reason my Canadian bretheren are losing their skulls over minisule 4% increases for a mere handful of games and ignoring the 1-2% safvings on literally 90%-95% of all the other games on Steam.

[Mar044]

Originally posted by Satoru:

Originally posted by YayitzMatt:

Ex. The price of a game priced in CAD should match the price of the same game priced in USD when run through the conversion rate. So if a game is $10 USD, and CAD is priced at $12.99, but $10 USD only actually costs $11.45 CAD, we shouldn't be unnecessarily charged more.

You're forgetting the 2-3% foreign transaction fees you were paying before.

I paid like 1 dollar more when it ws converted, you pay like 5-10cents per dollar, at most 4-5 bucks, this is a rip,

ok if canadian dollar goes back above 1buck american like it did a year ago, i want to see the products less then u.s.

[Matt from SUMY Corp]

Originally posted by Mar044:

Originally posted by Satoru:

You're forgetting the 2-3% foreign transaction fees you were paying before.

I paid like 1 dollar more when it ws converted, you pay like 5-10cents per dollar, at most 4-5 bucks, this is a rip,

ok if canadian dollar goes back above 1buck american like it did a year ago, i want to see the products less then u.s.

Exactly. I'm not asking them to change their rates or anything drastic, I just want to know what they are.

[Mar044]

Originally posted by YayitzMatt:

Originally posted by Mar044:

I paid like 1 dollar more when it ws converted, you pay like 5-10cents per dollar, at most 4-5 bucks, this is a rip,

ok if canadian dollar goes back above 1buck american like it did a year ago, i want to see the products less then u.s.

Exactly. I'm not asking them to change their rates or anything drastic, I just want to know what they are.

there is something really wrong here, all online retail places have games like the witcher 3 set at 59.99, yet all grade A releases are set at 66.99. Unless they say they are collecting HST (here in ontario) alot of people not just me are NOT going to pay the extra for it, if psn can keep the same pricepoint as the u.s counter and other online services, then steam should be also, I mean do they now see we also get origin here in canada and ebgames (gamestop), bestbuy, i see no reason for this, i mean at least they tell you they are charging tax, on top of the price, i don't see why they did this.

I bet you anything that they see a huge drop off in sales because of this, after all most places offer free shipping now, why the hell did they do this...

but ya i agree, tell us why they did this, steam was so attractive because you could save something, they didn't lose anything by having it in CAD, they still had the same amount of money they charged their biggest market down south.

we are not fools, I mean look at amazon, people here in canada will buy from the us site and still save after duties, i don't see any reason to pay more for a canadian digital version i can have shipped to my house.

who knows, maybe they want retail sales or cut down on downloads, i have no clue.

[kursky]

Well, if we've got CAD pricing then have we got a Steam office in Canada? I'd like to see them publish the import costs and duty rate.

Edit: At the very least, I'd like the option of ordering whatever national pricing I want - as I can do now through nearly any other vendor. Want to buy US, bam - done! Want to order from the EU, bam - done! Want to order from Indonesia, bam - done! I'll pay my local and national taxes, or duties, regardless.

[kursky]

So just had to take a convoluted path to check pricing outside of my 'geotagged' location (OMG - why?) and Steam is still pricing according to US dollars, which is to say that the prices are obviously fixed to US dollar values and are then inflated to a fixed percentile according to regional location. Almost universally, distributors have to deal with duties, taxes and transport costs, the costs of which are known or readily available to the public, and so ware prices are set accordingly. In this case, the pricing is arbitrary and not of clear benefit to the buyer. Also, the internet is suddenly full of competitors and instructions to find them. Wow. Success?

[Papa Jake]

Does nobody understand what this froum is about? All we want is like a drop down tool so we can see the current exchange rate.....

[Issac Brock]

Originally posted by raiderjake117:

Does nobody understand what this froum is about? All we want is like a drop down tool so we can see the current exchange rate.....

steam is not interested in giving you a fair exchange rate. This is just another half baked scheme created by their new "wall street bean counter types" to take more cash out of your pocket and put it in their pockets. "Oh you live in Canada, hold on one sec, lets just spin this here dial and see how much we add to the us price."

I guess Greenmangaming, Gamersgate, GOG, Origin and a few others are enjoying this bit of news as their business will likely expand now.

steam is now basically my secondary launcher and "last place to purchase" store. Up till about two months ago all my purchases; 95 %; were steam store and now all my purchases; 99%; are retail.

[Pheace]

Originally posted by Issac Brock:

steam is now basically my secondary launcher and "last place to purchase" store. Up till about two months ago all my purchases; 95 %; were steam store and now all my purchases; 99%; are retail.

Considering the EU still counts for over 40% of sales total Steam sales despite the currency switch long ago, and some of their biggest upcoming markets are the ones they recently switched over to their own currencies I doubt Steam is not calculating 'disgruntled' people in their plans. They're trying to grow markets with these introductions and overall it seems to be working well for them.

[Matt from SUMY Corp]

Aaaand still missing the point, Issac. We're NOT asking them to CHANGE their RATES. We just want something to show us WHAT THE RATE IS.