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A comment on Premium .dev domain with Google costs $850. Parent comment

Re:Premium .dev domain with Google costs $850 by emir on Saturday December 10, 2022 @12:30AM (#33930188)
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/16014456975341649...

Even while writing this comment, they also responded from their own Twitter: https://twitter.com/Namecheap/status/1601447984775962625

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Re:Premium .dev domain with Google costs $850 by wanderer2323 on Saturday December 10, 2022 @01:36AM (#33930487)
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.

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Re:Premium .dev domain with Google costs $850 by sedatk on Saturday December 10, 2022 @07:44PM (#33938707)
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?
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Re:Premium .dev domain with Google costs $850 by CydeWeys on Monday December 12, 2022 @10:28PM (#33964387)
That kind of does seem to be what actually happened, though.
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Re:Premium .dev domain with Google costs $850 by ryan29 on Saturday December 10, 2022 @01:46AM (#33930537)
> 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).

The wholesale price is determined by the registry (Google), but the retail price will include markup from the registrar (Namecheap, Porkbun, Google). In the case of .dev Google runs the registry and acts as a registrar. As for registrars, that comparable (6b.dev) is $709 at Porkbun, $720 at Google, and $843 at Namecheap.

Namecheap is marking it up more than the other registrars.

I wonder if your registration last year included any kind of first year discount. This is the first time I've seen someone show an actual receipt for this type of complaint. I estimated the pricing at about $315USD vs $700USD. That's enough of an increase that I'm really curious to know what happened.

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