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---- CDN dollar vs US


GeorgeK - 5:32 pm on Sep 27, 2007 (gmt 0)



System: The following message was spliced on to this thread from: http://www.webmasterworld.com/google_adsense/3462933.htm [webmasterworld.com] by martinibuster - 9:47 am on Sep. 27, 2007 (utc -8)


I noticed that the payment for August earnings has been posted to my AdSense account, with a payment date of September 26, 2007.

For the first time, the amount of the payment in local currency (Canadian dollars) is LESS than the US dollar earnings, as the exchange rate used was 0.995 Canadian dollars for every $1 USD.

As "Payments are converted from United States dollars at the prevailing rate at time of payment processing", Google benefited by several percentage points, as the exchange rate for most of August 2007, when the campaigns were running, were between 1.05 and 1.08, see:

[finance.yahoo.com...]

It would be nice if Google would allow EFTs in US dollars to Canada, for those of us who have both Canadian dollar and US dollar bank accounts.


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