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The exchange rate and how it plays in the Google AdSense space for non-USA based publishers is a big deal, especially these days. We cover it often enough, including times where Google outright made huge mistakes and when the rates seemed unfair at times.
The latest thread on the topic comes from WebmasterWorld where a European publisher said he just received payment, but that payment seemed way off. He said Google gave him an exchange rate of €0.774/1$ (~1.30), when the current EURUSD is 1.266. Heck, even Google search shows that exchange rate:
European publishers are not happy because the 1.30 rate has not been seen since February 9th.
Forum discussion at WebmasterWorld.
Comments:
Mike
03/02/2009 03:22 pm
I don't see what the fuss is. Adsense earnings are finalised in the first week of the month so January's earnings (that are being paid out now) will have an exchange rate from the first week of February.
Drenzul
03/09/2009 11:30 am
makes sense. Would make more sense to use the current conversion rate however. As long as it's constantly a month behind and Google aren't using the rate most favourable to them for every payment over the last month's exchange rates that's fine. If they are picking and choosing then there is something seriously wrong.... In which case advertisers can't complain too much since they where getting paid over the odds late last year when the dollar was doing really poorly.