eBay has acquired Terapeak.

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How Terapeak Calculates International Currency.

Terapeak receives all its data in USD. This means that when items sold on eBay.it or other international sites, the currency is converted into USD at the end of each day, and sent to us. Terapeak then converts these amounts back to your custom currency settings using the closing currency exchange rate at the end of each day. 

Depending on the fluctuations in the marketplace, this can result in items that are a few cents or dollars off.

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