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Whatever criteria Steam used for those price changes, it's not just about currency fluctuations. The Hong Kong Dollar price went up by a whopping 40% -- which is all the stranger when you realize that the Hong Kong Dollar is pegged to the US Dollar. The strength of the (US) Dollar shouldn't make a difference in this case, because it's always worth around HK$7.80, give or take 5 HK cents in either direction.

So if it's not about currency fluctuations -- why the (relatively) massive price hike?

(To be clear, I'm sure it IS to a large degree about currency fluctuations! But the case of Hong Kong shows that there must be another factor, and I'm curious to know what it is.)

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