GeekGold Exchange Rate

GeekGold has an intrinsic monetary worth. To some extent this is measurable, because in the GeekAuctions people buy GeekGold with real money and with real games that have an actual material value. Based on such data from GeekAuctions, it is possible to calculate the rate of exchange between GeekGold and the US dollar, and to track how this has changed over the years.

Exchange Rate from 2005-2012

Overall the real-world value of GeekGold has steadily decreased over time, and this trend can be expected to continue as it becomes easier for people to acquire GeekGold and because of the finite possibilities for spending it.

2005: 3GG per US$
2007: 7GG per US$
2008: 10GG per US$
2010: 15GG per US$
2011: 25GG per US$
2012: 30GG per US$

Current Exchange Rate

Since 2005, the value of GeekGold has deflated significantly to more than 25GG per US$. Most recently this has been a result of the 150 GeekGold bonus that was distributed to all paying BGG supporters at the end of 2010 in connection with the 2010 end-of-year support drive, and a further 140+ GeekGold bonus distributed at the end of 2011 in connection with the 2011 end-of-year support drive. While the rate of exchange was 15GG per US$ at the end of 2010, by early 2011 it was typical for amounts of US$10 to sell for 250GG in the GeekAuctions. This trend increased slightly toward the year end, and by early 2012 most GeekAuctions for US$10 were selling for 300GG or more, some even as high as 500GG or more.

That means that after ongoing GeekGold inflation, the current rate of exchange is at least 30-40 GG per US$ (March 2012)

Inflation Data

Examples are available of what you could purchase with GeekGold from 2005-2007 (see: here and here and here). For more historical data about the changing value of GeekGold, see the original content of this wiki article as it appeared in 2006, the excellent article by Simon Hunt and the thread by Tom Rosen in 2007, and the more recent summary in 2010.