Microsoft cut euro prices for Microsoft 365 and Dynamics 365 by 7.4% on 1 February 2026, part of a twice-yearly currency review most SaaS vendors run quietly, separate from list-price increases.
Why It Matters
The review exists because vendors price in US dollars by default and periodically true up other currencies to match, a practice sometimes called currency harmonisation. This round cut costs for euro-billed accounts, alongside similar drops for Swiss franc, Danish krone and Swedish krona pricing, but the same mechanism has pushed non-dollar prices up in other years and at other vendors. It runs on its own clock, independent of the list-price increases that generate headlines, so a currency cut or hike can sit on an invoice unannounced.
What To Do About It
Ask whoever manages your Microsoft agreement whether the February 2026 euro adjustment reached your invoice; only new subscriptions from that date got the lower rate automatically, renewals kept the old price until their term ended. Then check other major vendor contracts for a currency clause separate from the annual price increase, since the two move on different schedules and only one of them ever gets announced.
Sources
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