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Old 07-29-2011, 03:25 PM   #8
kiwipippa
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Posts: 578
Karma: 613022
Join Date: Aug 2010
Location: New Zealand
Device: kobo glo, kobo touch (dead), kindle touch, android phone
Reply from kobo -

There's good news and there's bad news.

The good news is our NZD exchange rate has been corrected.

The bad news, as you've seen, is that prices in New Zealand have just now been set to where they should be based on exchange rates against NZD.

That's why the change affected only non-agency books: agency prices need to be indicated specifically for each currency, whereas non-agency prices can be and commonly are converted between currencies.

Regards,
Nathan Maharaj
Director, Merchandising


Not sure where the good news is in that! Except for kobo of course. I suspect that the rate has been incorrect for months, prices have been so low.
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