Wednesday, November 22nd 2023

Steam Switches to the US Dollar for its Turkiye and Argentina Stores

Valve Software today announced that the Steam store will switch to the US Dollar as currency for Turkiye and Argentina. The stores for both countries have implemented this change as of November 20. The reason cited for the change is the high degree of volatility of the local currencies in the two markets, which is causing game developers to struggle to find the right pricing for their games. Gamers from other regions have been using VPNs to shop from these countries as the volatile exchange rates would mean low pricing. Those with Steam Wallet balances in the local currencies from these two markets will see their wallet balances convert to US Dollars at the day's exchange rate.
Source: Steam Support
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36 Comments on Steam Switches to the US Dollar for its Turkiye and Argentina Stores

#26
L'Eliminateur
GoldenXThis is a 470% price increase in games for us Argentinians.
Thank you for the games tax, Gaben.
yeah pricing is absolutely stupid right now.
In local currency: Diablo 4 is 47000 now with the USD convertion, before this steam stupidity it was ~12000
Starfield is 34000 WITH DISCOUNT, it was ~18000 in august.

So much for "regional pricing"
GoldenXValve switched from demanding local prices here to suggesting them.

We can't pay full price for games, and now EA charges 70 bucks for their unfinished trash.
Exactly, they're unpayable now, it's back to epic free games, or waiting for 90+% off and even then it's going to be unpayable
theoutoIsn't there a 100% tax on games too? So if you buy a copy of dead by daylight then the government too gets a copy, truly multiplayer I guess.
There was, with local pricing, now that it's in USD i don't belive so... but i could be surprised...
The other issue is that our "credit card USD rate" was 731 (minus that stealing tax which was called steam tax), now steam moved to "regional" USD AND our CC exchange rate shot up to 950 (and rising), so we get a double whammo
Posted on Reply
#27
GoldenX
L'EliminateurThere was, with local pricing, now that it's in USD i don't belive so... but i could be surprised...
The other issue is that our "credit card USD rate" was 731 (minus that stealing tax which was called steam tax), now steam moved to "regional" USD AND our CC exchange rate shot up to 950 (and rising), so we get a double whammo
It's the same. Official rate is 370 or so, any USD purchase is turned into ARS, but with the taxes applied, basically turning the exchange rate from 370 to 950 ARS, so yeah, 155%.

From the PoV of the official exchange rate, a 70 bucks game costs 180 USD now. Hope the dog necromancer wigman's policies work...
Posted on Reply
#28
R-T-B
GoldenXHope the dog necromancer wigman's policies work...
I wish you the best, but us Americans know a thing or two about thinking "it can't get any worse" and being wrong. Of course different situations but still. Hope that's not the case with dog/chainsaw man.
Posted on Reply
#29
GoldenX
We knew we were tied between the two worst possible options, we can only hope the best comes out of the winning one.

Meanwhile, I'll enjoy all the games I bought before this change.
Posted on Reply
#30
caroline!
"Well, it can't get any worse", said everyone, moments before it got worse



Tho I can joke around and say I'm a millionaire :P
Posted on Reply
#31
the54thvoid
Intoxicated Moderator
Just a polite request to lay off the nation bashing. Thank you.
Posted on Reply
#32
R-T-B
the54thvoidJust a polite request to lay off the nation bashing. Thank you.
I don't think anyone here was? The semi-mockery of argentinas new President is actually, just who he is. He publicly embraces it.
Posted on Reply
#33
caroline!
R-T-BI don't think anyone here was? The semi-mockery of argentinas new President is actually, just who he is. He publicly embraces it.
A CSM LARPer? omegalul actually

After all Chainsaw Man is a demon who fights other demons for power and pay back a massive debt, fitting I'd say.
Posted on Reply
#34
R-T-B
caroline!A CSM LARPer? omegalul actually
Read his wikipedia page and come back.

en.wikipedia.org/wiki/Javier_Milei

This may be more direct and too the point:

apnews.com/article/milei-argentina-chainsaw-fed35a37c6137b951e4adada3d866436

Personally I'm more bothered that he cloned his dead dog to form his advisor cabinet. Seriously couldn't have made that sentence up if I tried.

I'd like to steer back towards the topic however. All I'm saying is he'd deny none of what I said, or consider it insulting.
Posted on Reply
#35
LabRat 891
Well, I learned something new today

Never knew "Turkey" to be referred to as "Turkiye" in any anglicized/English writings.

'Guess, it's just a popular thing to do these-days: Re-spellings and re-namings of internationally-recognized Cities and Countries.


Also, how is it appropriate to post news on this?
One cannot separate International Politico-Economics from the topic, and Politics are banned here from discussion here, last I checked...
Posted on Reply
#36
trsttte
LabRat 891Well, I learned something new today

Never knew "Turkey" to be referred to as "Turkiye" in any anglicized/English writings.

'Guess, it's just a popular thing to do these-days: Re-spellings and re-namings of internationally-recognized Cities and Countries.


Also, how is it appropriate to post news on this?
One cannot separate International Politico-Economics from the topic, and Politics are banned here from discussion here, last I checked...
That was a recent change, Erdogan probably woke up on the wrong side of the bed one day and decided he didn't want to have the country associated with the Turkey bird so issued a decree and submited to the UN to change their designation, most people don't know or care about it in the sligthest (as you can see, wikipedia still didn't bother to change it :D)

Funny thing is turkey the bird got it's the name from turkey the country and not the other way around www.npr.org/2008/11/27/97541602/why-a-turkey-is-called-a-turkey
Posted on Reply
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