Through a grace period, you will have the ability to exchange Azure compute reservations (Azure Reserved Virtual Machine Instances, Azure Dedicated Host reservations, and Azure App Services reservations) until at least July 1, 2024. In October 2022 it was announced that the ability to exchange Azure compute reservations would be deprecated on January 1, 2024. This policy’s start date remains January 1, 2024 but with this grace period you now have until at least July 1, 2024 to exchange your Azure compute reservations. Compute reservations purchased prior to the end of the grace periodwill reserve the right to exchange one more time after the grace period ends.
This grace period is designed to provide more time for you to determine your resource needs and plan accordingly. For more information about the exchange policy change, see Changes to the Azure reservation exchange policy.
Azure savings plan for compute was launched in October 2022 to provide you with more flexibility and accommodate changes such as virtual machine series and regions. With savings plan providing flexibility automatically, we adjusted our reservations exchange policy. You can continue to use instance size flexibility for VM sizes, but after the grace period we’ll no longer support exchanging instance series or regions for Azure Reserved Virtual Machine Instances, Azure Dedicated Host reservations, and Azure App Services reservations.
You may trade-in your Azure compute reservations for a savings plan or may continue to use and purchase reservations for those predictable, stable workloads where the specific configuration need is known.
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