Thread: Ebook Pricing
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Old 10-16-2010, 02:40 PM   #36
HarryT
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Quote:
Originally Posted by neilmarr View Post
Perhaps, as an Mr pal pointed out today (that's you, Harry), a glitch has converted $5.95 into $9.14 by mis-reading US dollars as GBP or Euros for buyers outside America. Although I wrongly dismissed this notion at first, I find that the result of experimenting just now with a currency conversion site would strongly suggest this as the root of the problem. Todayís rate, for instance, would turn £5.95 into $9.51 and E5.95 into $8.31. Itís so suspiciously close to those erroneous Kindle prices Iím seeing at this end as to make currency confusion a strong contender as culprit for this huge error.
I did exactly the same - I used xe.com to convert £5.95 into US$ and got $9.50 or so. It seems too close to be a coincidence. The £ has been rising against the $ all week, so it probably was $9.14 a few days ago.
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