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> and you paid that same premium price at initial registration He shared the invoice: https://twitter.com/emirkarsiyakali/status/1601436674856464384 https://tw

by sedatk 4y ago

> and you paid that same premium price at initial registration He shared the invoice: https://twitter.com/emirkarsiyakali/status/1601436674856464384 https://twitter.com/emirkarsiyakali/status/16014366748564643... According to that, he paid 4360TRY last year ($300), and now asked to pay 13040TRY ($850). You can’t even make up the difference with the exchange rate changes.

CydeWeys 4y ago
The Turkish lira is currently experiencing ~85% year-on-year inflation. Our domains' prices are denominated in US dollars, not Turkish lira. This problem looks to be caused by currency headwinds. At the time of initial registration, the amount of Turkish lira paid would have been worth a lot more than it is now. Also, 13040 TRY is worth US$700 at the current exchange rate, not US$850. That's actually a slight discount on the correct exchange rate, as another available domain name in the same pricing tier (e.g. 6b.dev) is showing as costing US$720/yr. So by paying in Turkish lira it looks like they're currently getting a discount of around US$20/yr, presumably because the prices displayed in Turkish are lagging the real exchange rate.
- sedatk 4y ago
  No, the exchange rate on Dec 6, 2021 was 13.67. Not even close. EDIT: You edited your comment which made mine lose context. You had claimed something like “he had paid equivalent of $850 last year”. That’s provably not the case here. https://www.google.com/search?q=what%27s+usd+try+rate+in+dec+6%2C+2021 https://www.google.com/search?q=what%27s+usd+try+rate+in+dec...
  - CydeWeys 4y ago
    I'll have to defer to the registrar team then, as we're getting outside the purview of anything having to do with the registry. I feel that the volatile exchange rate with high sustained inflation might have something to do with it though; maybe he got a too-good exchange rate at time of initial registration and now they're updating exchange rates more frequently? Not for me to know.
    - emir 4y ago
      The Turkish lira has lost value, but it is not a matter of fluctuation as you mentioned. I already shared the links to the exchange rates of the relevant day above. You can also verify the previous and next days yourself. We are talking about a number that is three times higher than on that day, and twice as high as today. I also contacted another domain registration service to verify this price. They said that the domain transfer fee is $843 and that they have nothing to do with it, the pricing is determined by registrar(Google in this case). Attached: https://twitter.com/EmirKarsiyakali/status/1601445697534164992 https://twitter.com/EmirKarsiyakali/status/16014456975341649... Even while writing this comment, they also responded from their own Twitter: https://twitter.com/Namecheap/status/1601447984775962625 https://twitter.com/Namecheap/status/1601447984775962625
      - wanderer2323 4y ago
        The exchange rate is not exact-on day. It's not exact-on-month even. I switched just a couple domain names from USD to TRY and calculated the exchange rate and e.g. $180 domains go for TRY 3200 which implies USD/TRY 17.78 -- last seen in July. If the price of forum.dev is indeed $850 then the attached TRY 13040 invoice implies USD/TRY 15.34 which was last seen in May. The $12 domains go for TRY 75 which implies USD/TRY is 6.25, last seen in 2020. It looks to me that the prices in TRY are simply set by hand and not refreshed that often. OP got a nice deal via such manually set price in 2021 and that's all that is going on here. Disclaimer: I work at Google but I have absolutely nothing to do with domains or forex rates.
        sedatk 4y ago
        Yes but that's plausible only if they had set the rate in 2018 and had never refreshed it for more than two years. "Not exact-on day" is a bit stretch to explain an almost a three year difference, isn't it?
        CydeWeys 4y ago
        That kind of does seem to be what actually happened, though.
- emir 4y ago
  The amount of Turkish lira paid more than it is now but it's not $850. Here is the link you can get info about rates 6th of December: https://www.exchangerates.org.uk/USD-TRY-06_12_2021-exchange-rate-history.html https://www.exchangerates.org.uk/USD-TRY-06_12_2021-exchange....
- fxd123 4y ago
  4360 TRY is equal to $313 USD using the conversion rate from 1 year ago.
- Tao3300 4y ago
  You're trying way too fucking hard. Give the guy a break.
- slim 4y ago
  you don't get to hide behind currency fluctation. as a customer he has all the right to be outraged. it's not like production costs had raised or whatever, google has chosen to put that price on that invoice when it could have chosen any other price or even to keep the old price

by sedatk 4y ago

CydeWeys 4y ago

The Turkish lira is currently experiencing ~85% year-on-year inflation. Our domains' prices are denominated in US dollars, not Turkish lira. This problem looks to be caused by currency headwinds. At the time of initial registration, the amount of Turkish lira paid would have been worth a lot more than it is now. Also, 13040 TRY is worth US$700 at the current exchange rate, not US$850. That's actually a slight discount on the correct exchange rate, as another available domain name in the same pricing tier (e.g. 6b.dev) is showing as costing US$720/yr. So by paying in Turkish lira it looks like they're currently getting a discount of around US$20/yr, presumably because the prices displayed in Turkish are lagging the real exchange rate.

sedatk 4y ago
No, the exchange rate on Dec 6, 2021 was 13.67. Not even close. EDIT: You edited your comment which made mine lose context. You had claimed something like “he had paid equivalent of $850 last year”. That’s provably not the case here. https://www.google.com/search?q=what%27s+usd+try+rate+in+dec+6%2C+2021 https://www.google.com/search?q=what%27s+usd+try+rate+in+dec...
- CydeWeys 4y ago
  I'll have to defer to the registrar team then, as we're getting outside the purview of anything having to do with the registry. I feel that the volatile exchange rate with high sustained inflation might have something to do with it though; maybe he got a too-good exchange rate at time of initial registration and now they're updating exchange rates more frequently? Not for me to know.
  - emir 4y ago
    The Turkish lira has lost value, but it is not a matter of fluctuation as you mentioned. I already shared the links to the exchange rates of the relevant day above. You can also verify the previous and next days yourself. We are talking about a number that is three times higher than on that day, and twice as high as today. I also contacted another domain registration service to verify this price. They said that the domain transfer fee is $843 and that they have nothing to do with it, the pricing is determined by registrar(Google in this case). Attached: https://twitter.com/EmirKarsiyakali/status/1601445697534164992 https://twitter.com/EmirKarsiyakali/status/16014456975341649... Even while writing this comment, they also responded from their own Twitter: https://twitter.com/Namecheap/status/1601447984775962625 https://twitter.com/Namecheap/status/1601447984775962625
    - wanderer2323 4y ago
      The exchange rate is not exact-on day. It's not exact-on-month even. I switched just a couple domain names from USD to TRY and calculated the exchange rate and e.g. $180 domains go for TRY 3200 which implies USD/TRY 17.78 -- last seen in July. If the price of forum.dev is indeed $850 then the attached TRY 13040 invoice implies USD/TRY 15.34 which was last seen in May. The $12 domains go for TRY 75 which implies USD/TRY is 6.25, last seen in 2020. It looks to me that the prices in TRY are simply set by hand and not refreshed that often. OP got a nice deal via such manually set price in 2021 and that's all that is going on here. Disclaimer: I work at Google but I have absolutely nothing to do with domains or forex rates.
      - sedatk 4y ago
        Yes but that's plausible only if they had set the rate in 2018 and had never refreshed it for more than two years. "Not exact-on day" is a bit stretch to explain an almost a three year difference, isn't it?
        CydeWeys 4y ago
        That kind of does seem to be what actually happened, though.
emir 4y ago
The amount of Turkish lira paid more than it is now but it's not $850. Here is the link you can get info about rates 6th of December: https://www.exchangerates.org.uk/USD-TRY-06_12_2021-exchange-rate-history.html https://www.exchangerates.org.uk/USD-TRY-06_12_2021-exchange....
fxd123 4y ago
4360 TRY is equal to $313 USD using the conversion rate from 1 year ago.
Tao3300 4y ago
You're trying way too fucking hard. Give the guy a break.
slim 4y ago
you don't get to hide behind currency fluctation. as a customer he has all the right to be outraged. it's not like production costs had raised or whatever, google has chosen to put that price on that invoice when it could have chosen any other price or even to keep the old price