Riot Games has announced upcoming adjustments to the prices of in-game currencies across its popular titles, including Valorant, League of Legends, Teamfight Tactics, Legends of Runeterra, and League of Legends: Wild Rift.
These changes will take effect on September 18, 2024, and are designed to account for regional economic factors and maintain fairness across different markets.
Why the Price Changes?
Riot Games periodically reviews and adjusts the prices of in-game currencies to reflect changes in economic conditions, such as inflation, exchange rates, and other regional factors. These adjustments aim to ensure that players worldwide can purchase in-game items, such as skins and cosmetics, at a fair price relative to their local economy.
The company has also noticed that price disparities between regions can lead to players exploiting these differences, creating an uneven playing field. To combat this, Riot is implementing these price changes to bring more consistency and balance across its global player base.
Impact on Each Region
The price adjustments will vary by region and game. Here’s a detailed breakdown of how these changes will affect the cost of in-game currencies like RP (Riot Points), VP (Valorant Points), LoR Coins, and Wild Cores in the Americas:
League of Legends and Teamfight Tactics
- Brazil: 20% Increase in price
- Chile: 6% Reduction in price
- Mexico: 9% Reduction in price
- Peru: 12% Reduction in price
- Countries with USD Pricing: 11% Reduction in price
- United States, Canada, and Other Countries Not Mentioned: No Changes
Legends of Runeterra
- Brazil: 14% Increase in price
- Chile: 7% Increase in price
- Colombia: 16% Reduction in price
- Mexico: 8% Reduction in price
- LATAM Regions with USD Pricing: 12% Increase in price
- United States, Canada, and Other Countries Not Mentioned: No Changes
Virtual currency price changes across all riot games
byu/Parneet20 inPedroPeepos
Valorant
- Brazil: 14% Increase in price
- Chile: 22% Increase in price
- Colombia: 6% Increase in price
- LATAM Regions with USD Pricing: Some countries will see a 15% Decrease, while others will experience a 12% Increase to standardize prices across the region.
- United States, Canada, and Other Countries Not Mentioned: No Changes
League of Legends: Wild Rift
- Brazil: 16% Increase in price
- Colombia: 12% Reduction in price
- Mexico: 8% Reduction in price
- United States, Canada, and Other Countries Not Mentioned: No Changes
Key Considerations and Takeaways
- Regional Economic Adjustments: Riot’s decision to adjust prices reflects its commitment to adapting to regional economic realities. This ensures that players are paying a fair price relative to their local currency and cost of living.
- Fairness Across Regions: By standardizing prices, especially in regions where there were significant disparities, Riot is aiming to prevent any unfair advantages that might arise from regional pricing differences.
- Impact on Player Spending: Players in regions where prices are increasing might need to reconsider their spending habits or plan their purchases before the changes take effect on September 18. Conversely, those in regions with price reductions could find it more affordable to acquire in-game content.
Conclusion
As Riot Games rolls out these pricing adjustments, players will need to be aware of how these changes might affect their in-game purchases. While some regions will experience price hikes, others will benefit from reductions, reflecting Riot’s effort to balance the in-game economy across its global player base.
Players should prepare accordingly and take advantage of the current pricing before the new rates come into effect.
Riot Games to Nerf Nasus and Garen in Patch 14.18: What You Need to Know