Is it normal for a domain renewal to cost three times as much as registration?

Question

Domain name market

The registrar wants three times more money for renewing a domain in the .im zone than for registering it. Is this a normal phenomenon or should I refuse the services of this registrar?

Answer 1

For example, a reg asks for a domain renewal for two with a penny. while on the nickname is 600 like. you need to bring down business then.

Answer 2

Normal occurrence. Promotions and all.