Neopets have been, for the most part, a part of our childhood. With thousands of active players during the first decade or so of their lives playing this iconic game, what back then was a game offering a new experience to users have now become overshadowed by other games. A mere shadow of its former self, the virtual pet community slowly disintegrated, leaving only a small amount of loyalists left before nearing its slow end. The same can be said for the in-game’s currency, Neopoints. The Neopoints to USD over time have reached its lowest point.
Back in the days when Draik morphine potions were only 200,000 points, all is right with the world. Right now, as you browse the lots in the Trading Post, you’d probably encounter your fellow Neopians asking for tens of millions of Neopoints for the same item. In Neopets’ economy, the prices of items and Neopoints to USD rates are determined simply by two forces – supply and demand of the items.
An obvious case of this is when an item is more sought after, people are willing to pay more for it, making the sellers set higher prices in order to make a profit. In vice verse, if there is more of an item in the market, prices would be lowered since the item is much easier to obtain. Say we treat nepoint as an “item”. When there’s a large supply of easy Neopoints in the economy, which is the case currently, neopoints therefore are easier to obtain. Thus, the value of neopoints to US dollar is lowered. This is the reason as to why sellers set higher prices for their items because the “purchasing power” of neopoints is significantly reduced.
With the rapid inflation in the Neopian economy, it’s hard to track down how much is Neopoints to USD worth these days. Neopoints are going down in their worth in USD in 2018, while the price of items goes higher and higher. If you earn 16k of Neopoints a day (which is about the average if you’re a casual), it would take over 59 years to save up for a dark faerie wand! PlayerAuctions not only provides you sellers that can aid you in getting the items that you want, but with our new tool, the Market Tracker, you can keep an eye out on what the Neopoints to USD conversion rate is. Because it’s not enough to know how to make money on Neopets—you also need to understand the techniques to make it a profitable trade.
By keeping track of the average prices of Neopoints being sold here in PlayerAuctions, you can make educated decisions when buying Neopoints. For sellers, with the help of our index, you can know which times are the best to sell Neopoints and have an edge in regards to competitive prices. With Neopia being a prime example of a competitive market, the charts and graphs that we provide for users helps buyers and sellers be informed about what’s going on before they purchase Neopoints. Not to mention we also provide an account calculator for the users and appraise their gold and/or accounts. Although it’s not available for Neopets, it will be having additional platforms for it very soon.
From ensuring your transactions to selling Neopoints, we make sure to provide you the needed resources and an easy way to see the Neopian economy. We believe in the matter of transparency as an importance when serving our users. By showing which offers have the lowest price, down to how many active traders/offers are there, we give users ample information to work with when in the hunt for Neopoints deals. Helpful graphs such as showing which best sellers are every month and what are the most in demand items being sold today are an additional plus for buyers to know which seller is the most reliable source. With the Neopoints to dollar exchange rate dropping to 15.90 USD per 20M Neopoints, you’ll never know when the next spike will hit, so monitor it with ease with the help of our new market tracker!