Steam's new currency change for Argentina and Turkey created a big price increase for certain games
The currency change has now taken place, starting yesterday, and this has seen a huge price increase for both territories, with some games incrementing no only by the hundreds in percentage, but even to the thousands in percentage compared to the original price before the change took place. Argentinian users in Reddit have put together a price table comparing prices from before Nov 20th, and after Nov 20th. Some handful of cases saw some games like Diablo IV got a reduced price after the change (-7,64%), but this is only an insignificant minority, since a big amount of games saw increases all over the board, with games like Cyberpunk 2077 seeing an increase of 66+%, going from the original price of $27,06 USD up to $44,99 USD, and in the most dire of cases, games like Stardew Valley which was originally priced at $0,49 USD, is now going for $14,99 USD, an increase of an overwhelming 2977% in price.
While the situation is still fairly recent, some game developers have noted that the cause of these price increases for some games seems to be the cause of a lack of manual input from the developers to update the price listings for their own games. Game developers were notified about the situation last month, but a lot of devs missed the notice and haven't updated their listings, which resulted in the aforementioned issue.
It's worth mentioning as well that these two countries are not the only ones which could be affected, since the volatility of the exchanges in currency in other Latin American (both Central and South America) and MENA (including middle east and North Africa) regions will also cause changes when it comes to Steam and its pricing for a number of countries located in those regions. The affected countries will be the following:
LATAM-USD Region:
Central America:
- Belize
- El Salvador
- Guatemala
- Honduras
- Nicaragua
- Panama
- Argentina
- Bolivia
- Ecuador
- Guyana
- Paraguay
- Suriname
- Venezuela
Middle East:
- Bahrain
- Egypt
- Iraq
- Jordan
- Lebanon
- Oman
- Palestine
- Turkey
- Yemen
- Algeria
- Libya
- Morocco
- Tunisia
- Sudan
PS: In the table seen above, "s/i" means "without tax" and "c/i" means "with tax".