Google to Adjust Canadian Exchange Rate Used for AdSense

Sep 3, 2008 • 8:04 am | comments (1) by twitter Google+ | Filed Under Google AdSense
 

Recently, there have been many complaints about the exchange rate used in Canada by Google to payout AdSense publishers. A DigitalPoint Forums thread says the rate was 1 to 1, calling the US dollar equal to the Canadian dollar. Plus, Google charges a fee on top of that, according to the thread.

But it seems like Google is making a change to that Canadian exchange rate.

Both the DigitalPoint Forums and a WebmasterWorld thread said Google has sent out a notification to Canadian AdSense publishers that the exchange rate will be changed.

The email sent to these publishers said Google used an "incorrect exchange rate" for Canada. The WebmasterWorld post said:

Did anyone else receive a notice from Adsense about being issued a payment with an incorrect exchange rate? Apparently they're going to issue another payment to correct this. I remember that this happened before last spring and they recalled a whole bunch of EFT payments and reissued the corrected versions immediately. I'm in Canada, by the way.

This is not the first time Google reissued payment due to exchange rate issues. Google inverted the Australian exchange rate and had to reissue payments in the past. Plus, often publishers complain about the exchange rate Google uses.

Forum discussion DigitalPoint Forums and WebmasterWorld.

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Comments:

John in Montreal

09/04/2008 03:51 pm

I am from Canada, and the same is happenning to me. I don't get why Google has to cancel the first EFT and reissue a corrected EFT. They should just send the difference, no ? And true, this thing happened in january 2008. The difference was +5% CAN money.

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