Domain names are now cheaper in many countries.
The U.S. dollar is declining in value, and that could have interesting implications for the domain name aftermarket.
In early January, it took just $1.03 to buy a euro. Now, it’s around $1.17, and some analysts think the dollar could slip even further.
You can point to many reasons for the slide, from indebtedness to tariffs to concerns about the dollar’s staying power as the world’s reserve currency. Regardless of the reasons, the fall in the U.S. dollar’s value has implications for international transactions, including domain sales.
Consider a European who has most of his money in euros. In January, he wanted to buy a domain priced at $10,000. His cost would have been €9,700.
Now, with each euro worth $1.17 dollars, his cost is only €8,550.
That’s a real savings for a domain buyer. Simply put, domains priced in dollars are now cheaper for people in Europe.
It’s not just Europe, either. The dollar has lost ground against other major currencies, including the British pound and the Japanese yen.
This also means primary-market transactions are cheaper. Verisign charges fees in U.S. dollars, so overseas registrars are paying relatively less for domains, too.
Source: https://domainnamewire.com/
