I bought a kids magazine from a well known supermarket at the weekend.
Next to the barcode, it had the USD, AUD and a Sterling price of £1.99.
No Euro price was displayed.
I did a rough calculation in my head, multiplied it by 1.5, then took off a bit - expected it to cost about €2.60 or so.
When I got home, I looked at the receipt and I was charged €3.26.
At todays exchange rate of 1.25 (according to Yahoo currency converter), the magazine should cost €2.48.
Even at the peak exchange rate last year 1.50 or so, the comic would be €3.00.
The rate used by the shop was 1.64.
I expect to pay slightly more, as it is an imported product, but this seems excessive.
How is does this work?
Should I complain to the supermarket?
I understand that a price is linked to a barcode and that it is not possible for the prices to be updated on their tills on a regular basis, but I would expect the changes to be made.
Would the same comic have cost the same price a year ago?
Or in this case, where the comic was charged at an exchange rate 31% above the current rate, would it have cost more when the rate was 1.50?
Not talking about much money here, but its the principal.
Next to the barcode, it had the USD, AUD and a Sterling price of £1.99.
No Euro price was displayed.
I did a rough calculation in my head, multiplied it by 1.5, then took off a bit - expected it to cost about €2.60 or so.
When I got home, I looked at the receipt and I was charged €3.26.
At todays exchange rate of 1.25 (according to Yahoo currency converter), the magazine should cost €2.48.
Even at the peak exchange rate last year 1.50 or so, the comic would be €3.00.
The rate used by the shop was 1.64.
I expect to pay slightly more, as it is an imported product, but this seems excessive.
How is does this work?
Should I complain to the supermarket?
I understand that a price is linked to a barcode and that it is not possible for the prices to be updated on their tills on a regular basis, but I would expect the changes to be made.
Would the same comic have cost the same price a year ago?
Or in this case, where the comic was charged at an exchange rate 31% above the current rate, would it have cost more when the rate was 1.50?
Not talking about much money here, but its the principal.