Exchange rates when buying online in "foreign" currencies

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Vurogj
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Exchange rates when buying online in "foreign" currencies

Postby Vurogj » Sat Feb 05, 2011 9:31 pm

Could someone give me a second opinion about this, as to me, it feels like a ripoff.

Having played and enjoyed the "bejewelled 3" demo, I decided to buy it. I go to popcap's site directly, despite the demo wanting me to do it through a portal (buy direct if you can people), and the price quoted is 19 dollars 95 cents. Seems fair, so I start the rigmarole. At the final check before payment, it converts to my local currency, which is very polite of it. It is now quoting me 14 pounds 95. Something about the figure seems to convenient, so I try out a currency conversion site. Turns out 20 bucks is less thaan 12 pounds 50.

So I'm being charged a TWENTY PERCENT markup because of the currency change?

If not, what *am* I being charged a 20% markup for?

Anyone and everyone, comments, opinions and justifications welcome.
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Wasabi of IP
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Re: Exchange rates when buying online in "foreign" currencie

Postby Wasabi of IP » Sun Feb 06, 2011 3:58 am

is it a game made for PC and you are buying it for mac? or vice versa? Because that would explain it, there is always a conversion fee between platforms.
That is all.

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cliffski
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Re: Exchange rates when buying online in "foreign" currencie

Postby cliffski » Sun Feb 06, 2011 11:18 am

there is no one true exchange rate for currencies. The 'tourist rate' for example, is always less generous than the inter-bank rates. And depending on how much money you are changing, you can get even more different rates.
Try comparing paypals exchange rates with the ones at your local bank, for example.

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