Apple raising Canadian App Store prices due to weak Dollar

Prices for apps, games and in-app experiences are set to increase in Canada this week, according to a document Apple sent to developers today.

“When foreign exchange rates change, we sometimes need to update prices on the App Store. Within the next 72 hours, prices for apps and In-App Purchases will increase,” said the email, detailing changes to prices in Canada, Israel, Mexico, New Zealand, Russia, Singapore, and South Africa.

Specific changes to in-store were not detailed, though the document notes that there will now be two low-price tiers available to developers applicable to the Canadian App Store.

Today, Canadian users pay a 14 to 20 percent premium over US customers depending on the app’s original price. For example, a $0.99 USD app costs $1.19 CAD, but a $15.99 game can cost just $18.99 CAD. Apple says app prices will automatically be updated, and subscriptions will continue as before, but prior to renewal customers will receive an email with the choice of opting in at the newer price, or cancelling without penalty.

We’ve reached out to Apple about the specifics of the price increases.

[source] 9to5Mac [/source] [via]iMore[/via]