Steam Rejects Argentine Peso & Turkish Lira

Residents of the countries will have to use USD as their currency. 

Image credit: T. Schneider | Shutterstock

Steam has announced a change in its policy for residents of Argentina and Turkey. Starting November 20, they won't be able to pay for games with Argentine peso or Turkish lira, and their account currency will switch to USD.

The decision was driven by the exchange rate volatility in these two countries: it is apparently "hard for game developers to choose appropriate prices for their games and keep them current." Moreover, it is difficult for Steam to keep payment methods "up and running" there because of the constant foreign exchange fluctuations, fees, taxes, and logistical issues.

Valve is introducing new regional prices for LATAM and Middle East/North Africa for 25 additional countries/territories: LATAM - USD (which includes Argentina) and MENA - USD (which includes Turkey). Some territories may see pricing increase or decrease depending on the price prior to this change. In-game transactions will also be viewed in USD in the new pricing regions.

"Any customer who had an active subscription on Steam in Argentine peso or Turkish lira will see their subscription automatically end after the active subscription period. You can re-subscribe to the new USD subscription in Steam in the Subscriptions Management Page."

Here is the list of territories affected by the change:

LATAM-USD Region

  • Belize
  • El Salvador
  • Guatemala
  • Honduras
  • Nicaragua
  • Panama
  • Argentina
  • Bolivia
  • Ecuador
  • Guyana
  • Paraguay
  • Suriname
  • Venezuela

MENA-USD Region

  • Bahrain
  • Egypt
  • Iraq
  • Jordan
  • Lebanon
  • Oman
  • Palestine
  • Turkey
  • Yemen
  • Algeria
  • Libya
  • Morocco
  • Tunisia
  • Sudan

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