Facebook to Adjust Exchange Rate for Facebook Credits

The countdown to Brandweek is on! Join us, Sept. 12-16, to identify new growth opportunities, solve challenges and connect with power players. View the lineup and secure your pass.

Facebook has just announced that starting tonight, the exchange rate for Facebook Credits (Facebook’s virtual currency) will be changing by a factor of 10X from $0.01/credit to $0.10/credit. At the same time, Facebook Gifts prices will fall by a factor of 10, keeping gift prices effectively constant. Users’ credit balances will be adjusted as well.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in