Ecto exchange rate?? - Guild Wars Forums

SirNazron · Apr 04, 2008, 06:53 PM // 18:53

I have sold many iteams on auctons center of GWG but my buyers ask what the ecto exchange rare it, how do I figure the formula?

Albert Algorn · Apr 04, 2008, 07:20 PM // 19:20

Most people use the trader price as a guide. Something like: Trader sell/buy price minus/plus a set amount which you determine. Depends how much you want to pay over what the trader will buy them at.

Johny bravo · Apr 04, 2008, 07:22 PM // 19:22

Well if you are trying to get the most ectos you can see what peopel are buying for in ToA and use that. Most people as of now are using 4.5K per ecto or 22e = 100K. Personally If I am buying I use 21 ecto = 100K

tsmarcot · Apr 04, 2008, 07:24 PM // 19:24

Well, what I consider to be the "fair" exchange rate would be the average trader price.

Take the price you could SELL an ecto (or any material) to the trader

ADD that to:

The price you could BUY it from the trader

DIVIDE by 2

(BUY+SELL)/2=AVERAGE PRICE

And you get an average price based on the Trader NPC's values.

NOTE: People will try to change this price to be closer to one end or the other to try to make/save more money, but the average price is the best price for both parties.

Hope that helps!

Khanduras · Apr 04, 2008, 09:26 PM // 21:26

Quote:

Originally Posted by tsmarcot

Well, what I consider to be the "fair" exchange rate would be the average trader price.

Take the price you could SELL an ecto (or any material) to the trader

ADD that to:

The price you could BUY it from the trader

DIVIDE by 2

(BUY+SELL)/2=AVERAGE PRICE

And you get an average price based on the Trader NPC's values.

NOTE: People will try to change this price to be closer to one end or the other to try to make/save more money, but the average price is the best price for both parties.

Hope that helps!

Yes, yes, yes!

Always go with the median price. It's the fairest route for both parties. Please, when trading.. use the above formula.

Glad to see I'm not the only one that does that.. it sure seems like it sometimes.

Stockholm · Apr 04, 2008, 09:32 PM // 21:32

Ecto exchange rate for an auction would be

trader price (at close of auction) + (500g-1K (your choise)) thats fair as long as it is stated in the auction

HawkofStorms · Apr 04, 2008, 09:49 PM // 21:49

Edit: Opps wrong thread, ignore

Chthon · Apr 04, 2008, 09:52 PM // 21:52

TSMarcot is right about the "fair" price. (Trader_Buy_Price + Trader_Sell_Price) / 2 is fairest to both parties.

However, you may well run into people who will insist on using an exchange rate more to their benefit.

Apr 04, 2008, 06:53 PM // 18:53	#1
SirNazron Frost Gate Guardian Join Date: Jan 2008 Location: Under a rock Guild: The Golden Dragoons [Dark]	Ecto exchange rate?? I have sold many iteams on auctons center of GWG but my buyers ask what the ecto exchange rare it, how do I figure the formula?

Apr 04, 2008, 07:20 PM // 19:20	#2
Albert Algorn Frost Gate Guardian Join Date: Apr 2007 Location: Oregon, USA Guild: MARA: Our Turtles Know True [LOVE] Profession: R/Me	Most people use the trader price as a guide. Something like: Trader sell/buy price minus/plus a set amount which you determine. Depends how much you want to pay over what the trader will buy them at.

Apr 04, 2008, 07:22 PM // 19:22	#3
Johny bravo Wilds Pathfinder Join Date: Aug 2006 Guild: [SoS] Profession: N/	Well if you are trying to get the most ectos you can see what peopel are buying for in ToA and use that. Most people as of now are using 4.5K per ecto or 22e = 100K. Personally If I am buying I use 21 ecto = 100K

Apr 04, 2008, 07:24 PM // 19:24	#4
tsmarcot Frost Gate Guardian Join Date: Jun 2006 Location: Virginia, USA Guild: Clan Dethryche (dth) Profession: Mo/	Well, what I consider to be the "fair" exchange rate would be the average trader price. Take the price you could SELL an ecto (or any material) to the trader ADD that to: The price you could BUY it from the trader DIVIDE by 2 (BUY+SELL)/2=AVERAGE PRICE And you get an average price based on the Trader NPC's values. NOTE: People will try to change this price to be closer to one end or the other to try to make/save more money, but the average price is the best price for both parties. Hope that helps!

Apr 04, 2008, 09:32 PM // 21:32	#6
Stockholm Desert Nomad Join Date: Feb 2006 Location: Censored Guild: Censored Profession: R/	Ecto exchange rate for an auction would be trader price (at close of auction) + (500g-1K (your choise)) thats fair as long as it is stated in the auction

Apr 04, 2008, 09:49 PM // 21:49	#7
HawkofStorms Hall Hero Join Date: Aug 2005 Profession: E/	Edit: Opps wrong thread, ignore

Apr 04, 2008, 09:52 PM // 21:52	#8
Chthon Grotto Attendant Join Date: Apr 2007	TSMarcot is right about the "fair" price. (Trader_Buy_Price + Trader_Sell_Price) / 2 is fairest to both parties. However, you may well run into people who will insist on using an exchange rate more to their benefit.