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Valve dropping Steam local currency pricing for Argentina and Turkey

Valve dropping Steam local currency pricing for Argentina and Turkey

PC games giant Valve is no longer going to be supporting local currency in both Argentina and Turkey.

In a blog post, the company announced that users in those regions would be seeing prices in US dollars on Steam. Valve says that this is due to "exchange rate volatility" in Argentina and Turkey, which has made it hard for developers and publishers to appropriately price their games.

"We have heard this loud and clear in our developer meet-ups and round table chats," the company wrote.

"In addition, we have had a hard time keeping Steam payment methods up and running in these countries/territories due to the constant foreign exchange fluctuations, fees, taxes, and logistical issues. Pricing games in USD for Steam customers in Argentina and Turkey will help us provide greater stability and consistency for players and partners, while also enabling us to continue to offer a variety of payment methods to Steam users in those countries/territories."

The change will be taking place on November 20th, with any Argentine peso or Turkish lira in a user's Steam wallet being converted into US dollars at that day's exchange rate.


PCGamesInsider Contributing Editor

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.