Amazon EC2 Convertible Reserved Instances and the Reserved Instance Regional Benefit

Standard Reserved Instances (“RIs”) have been available for 8 years, and provide customers the option to commit to use a specific instance size in an instance family in an availability zone (“AZ”) for either one or three years in exchange for our largest discount off On-Demand prices (~40-60% on average). 
Quelle: aws.amazon.com

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