Apple today announced on its Developer Portal that its making two new lower price tiers available for developers in Canada and New Zealand. Developers in those countries can now offer paid apps and in-app purchases at $0.99 CAD and $0.99 NZD. These new options will allow for developers to offer more affordable apps and in-app purchases to users in these countries.

Apple wrote the following on its Developer Portal regarding the changes:

Lower price tiers, Alternate Tier A and Alternate Tier B, now let you offer paid apps and In-App Purchases at $0.99 (CAD) and $0.99 (NZD). Existing apps that already use these price tiers have been automatically updated. Get details on App Store pricing in the Pricing and Availability section of My Apps on iTunes Connect.

Earlier this month, Apple announced that it was increasing the prices of apps and in-app purchases in Canada, New Zealand, Israel, Mexico, Russia, Singapore, and South Africa due to exchange rate fluctuations. The introduction of new $0.99 CAD and $0.99 NZD pricing tiers will allow for developers to continue offering apps at a low price, albeit making less money due to the exchange rate fluctuations.

Developers can implement the new pricing tiers on iTunes Connect.