Assume Megaphones are a currency (which they are)

5x megaphones from NX Depot = 75¢

1 megaphone = 15¢

15 cents = 300k in-game gold. (estimate price of megaphone on Vindictus marketplace)

3.33 megaphones = 1million gold. 3.33x.15 = ~50¢.

1million in-game gold is worth approximately 50¢

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50 cents on jsp is approximately 14.5fg when purchasing fg through jsp. ($10 = 290fg --> 50¢ is 1/20 of $10 --> 290fg/20 --> 14.5fg)

Thus: 1million in-game gold = 14.5fg





Note: If megaphone prices stabilize at another price in the future, I'll update the ratio.

This post was edited by MerranianTheory on Sep 11 2015 03:09pm

lol

Is there a problem?

First, this is only one way of looking at a conversion rate. You're looking at it as a direct rate, which it is not. Here are some alternate rates to consider:

Gold is being sold on gold-selling sites (according to megaphone spammers, etc) at $17 per 100m. This makes $1 = 5.88m, or $0.17 = 1m. At this rate, 1m = 4.93 fg.

Instead of using megaphones, these items are also available for direct purchase via NX and directly sellable on the market:
100 Improved Salmon Egg Fishing Poles can be purchased as a set of 100 for 990 NX, selling at 2400 gold each. This makes $1 = 240k, and 1m = 120.83 fg
400 Improved Salmon Egg Fishing Poles can be purchased as a set of 400 for 1900 NX, selling at 2400 gold each. This makes $1 = 505k, and 1m = 57.43 fg

FG can also be obtained in different parts of this site with a conversion rate of ~$10 = 1000 fg.
At this rate, your megaphone example is worth 50 fg for 1m
100 Salmon Egg rods comes out to a rate of 416 fg for 1m
400 Salmon Egg rods comes out to 198 fg for 1m

In conclusion, you cannot try to force a conversion rate, especially in a black market. On one extreme we're looking at 1m = 4.93 fg, yet at another we have it as expensive as 1m : 416 fg. People will buy and sell at rates they feel is worth it to them for various reasons.

Rate does seem a bit high for Vindictus gold, especially you cant really purchase anything with 1 mil ~

But like Lotonite mentioned people will buy and sell at rates they feel is worth

Various people been selling gold on USWEST 30-35fg/mil in the past year, but I have seen them go for 15-20fg/mil

This post was edited by PuppetYuber on Sep 11 2015 09:54pm

Fishing rods aren't traded much at all, so it would be unfair to use the rods as a benchmark for pricing. There is no consistent pricing of fishing rods (which makes sense when there aren't a lot of sellers - nor buyers for that matter). You said they were going for 2.4k each, but I check and see them as high as ~5k, which is more than double the price you stated. There isn't that kind of fluctuation in megaphone pricing, concluding that fishing rods aren't a reliable currency. You can use any item you want from Depot that is sellable and claim that it changes the ratio, but the ratios mean nothing if they aren't supported in the market. Megaphones are consistently bought and sold because they are perpetually in demand.
Next, I should state that it's only fair and most rigid if we use an official $/fg ratio set by JSP and that official rate is $10 = 290fg, or $1 = 29fg. The ratios differ very slightly if you purchase other quantities (like $100 for 3250fg, making 1$ =32.5fg). Regardless, to match the lowest quantity ratio, in the Nexon Depot I use the 5-megaphone bundle, since it's the lowest price available, just like with JSP's $10 being their lowest offer. It wouldn't make sense to find a rate using two different "bundle rates" from JSP and Nexon.

I can definitely see that, because there are price inconsistencies, there is no official rate. But I was trying to bridge that gap and find a sound middle-ground. PuppetYuber is right. 30fg for 1million gold is absolutely absurd. 1million gold in vindictus (at leat in East) gets you ABSOLUTELY nothing. Hell, even the rate that I found using megaphones is a bit steep. It's definitely better, though.

I agree with thoery over here. you can argue that fishing rods can be used as a currency, however unless the market consistently lists those items then they should not be used as a way of calculating an official currency conversion. Megaphones are always in demand as he said, and are always available because people purchase NX in order to buy megaphones specifically to convert Cash money into in game gold. Also in relation to the botters advertising their own gold to dollar ratio i would be cautious because not many people buy from those botters as far as i know. They involve risk that does not exist in the sell NX strategy. scamming websites etc that people simply don't trust.

Plain and simple...30 fg is just too much fg for 1 mil gold...which really doesn't get you anything. At least on East.

This post was edited by icecold2970 on Sep 12 2015 12:38pm

Well at the end of the day, there arent very many sellers and that is why people still purchase them at absurd prices

nothing much you can do.

lol this is the silliest most ignorant post made for some kind of self justified reasons of personal benefit.

first off, igg currency in any game cannot be based off of 1 single means of perchasing that games currency, considering:

1: supply and demand.
2: ability to make said demand without perchase.
3: ability to perchase that games currency in over 10 different ways @ many different rates, some much better than yours listed.
4: the fact that you are establishing peoples value of jsp currency by its perchasing cost alone.

basically your little conspiracy, by the above 4 factors, just went fully retarded by about 568 factors. somehow you managed to completely ignore them and god came down in the form of a giant squid and starbeamed the truth into your mind.

like do you even comprehend reality?
Earth here: please come back to us, thank you.

no, in reality, the truth is, the value of the conversion of these 2 currencies are actually completly independent apon any factor other than the parties involved, for each person will find themselves with a balance to one side depending on their personal situation and variables, the rate you do however see, is the average sum of all of it brought to you over time by peoples ability to barter as close as they can to their means.

thanks bro, was a cool story.