Microsoft changing Microsoft Points to Local Currency

[ElYubiYubi]

Microsoft announced on E3 that they were gonna change the Microsoft Points for local currency on the Xbox One release date. Now they're sending this messages via Xbox Live to all Xbox360 users.

 

[C_o_d_y_]

We're putting $64.50 in your Microsoft account.

Well, maybe not that exact message.

 

[Qtis]

What's the conversion rate?

 

[Gahars]

What's the conversion rate?

I know 400 MS Points = $5, so that's 80 MS Points to one dollar.

I'm assuming that they convert from the dollar to whatever the local currency is, though it's possible each currency may have its own unique conversion to MS Points.

 

[RupeeClock]

Well then, now they definitely can't continue to give out 20 MS Points as Birthday presents.
"Happy birthday! Here's your 25 cents!"

 

[Zerousen]

Any sources? That's the same exact image from this post on reddit.