I looked at my Kobo prices a bit and tried to figure out how they calculate. No such luck.
I checked random books from the bestsellers and new releases, they usually use 2/3 of the going conversation rate (sometimes even 1/3) for me but some books are priced with the current rate and some is priced higher than the current rate (we have never seen USD that high). The weird thing is, different books of the same publisher uses the both methods of price conversations.
I could discern no pattern.
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