Get prepared for the Microsoft Local Currency Pricing Increase
Effective from 1st April 2023, Microsoft will change GBP and EUR currencies to align with USD.
Currencies globally have been impacted differently by the macroeconomic environment, affecting their exchange rate compared to the US dollar.
Starting 1st April 2023, pricing for Microsoft Cloud products will be adjusted to realign globally to create consistent pricing reflecting the exchange rate of the local currency to the US dollar (USD).
The following adjustments will be made to prices based on the currency:
GBP: +9% increase
EUR: +11% increase
Microsoft has created an email template to help facilitate these communications to your customers.
Please note: Any existing orders that are subject to price protection will not be affected until the end of their subscription term. However, prices for new product additions or purchases will be determined by the pricelist at the time of order. Azure will not be affected by these changes as the pricing already aligns with USD.
As a reminder, Microsoft will review pricing and exchange rates twice a year from the start of 2023. Therefore, further changes, both up and down, may occur.
For further information on these changes, view the Microsoft announcement here or read the FAQ guide.