9 cent minimum for Aussies

Which is about 6.5 cents US

[robertskelton]

I run an Aussie Adwords account, and I work for a company with an American one.

In the USA, the minimum CPC is US$0.05
In Australia it is AU$0.09

With the exchange rate being between 0.74-0.79 US cents to the AU$1 this year, it means that we here down-under are paying a minumum of between 6.5 & 7 cents in US currency.

I *like* to think that for bidding purposes Google calculate it precisely (does anyone know?).

But for when there is no other advertisers, why I should have to pay more?

[Sowe]

It's nearly the same for europe.
Our minimum CPC is 0.05 euro, which in exchange is somthing like 0.065 US dollars.

And that is indeed 30% more than US advertisers have to pay as minimum CPC.

[pete_m]

Even worse for the UK!
We're at ukp0.04 minimum, which is almost 7.5 cents at today's rates.

[michaelbs]

Why not set up a USD account then? Then you can also pay $0.05 a click.

You can change this option when you set up an account!

Mike

[Sowe]

Why not set up a USD account then? Then you can also pay $0.05 a click.
You can change this option when you set up an account!

Mike

I doubt this is possible anymore. I think this feature was deleted some time ago. If your billing address is in the eu then you'll get an eu account no matter what.

[pete_m]

Yeah, it is still possible to open a US account if you're in the UK. That's what we decided to do (this week actually), once we saw the much lower minimum CPC.

[gorsey]

Isn't this worrying?

How goes google calculate the currencies? For example if im bidding 0.04GBP, does this equate to 0.075 USD? exact figure? Or rounded to 0.08?

Matt

[AdWordsAdvisor]

I've noted your comments in this thread, and will pass them on to the right folks.

I do know that this issue is being examined at present, and your comments will become a part of that discussion.

By the way, you can open an account in any currency but your bank may then charge exchange fees - so do be careful of that. Best to ask in advance, I'd imagine.

And it's worth noting that once you've created an account, billing in a particular currency, that currency choice can't be edited or changed.

AWA

[gorsey]

any updates? Also i suppose googles base currency is USD? and all other currencies are classed as foreign?

[gorsey]

any news on this?

[AdWordsAdvisor]

any updates?

Sorry - didn't see your previous post till now, gorsey.

No, no updates to report. In my earlier post, I really just meant to convey that the issues revolving around currency/exchange rate are being looked at. I didn't expect an immediate resolution or update. While this is not really my arena, my limited knowledge tells me that the 'currency question' is not nearly as simple as it might seem on the face of it.

In any case, please rest assured that your comments have been passed on to the team involved.

Also i suppose googles base currency is USD?

Yes, as a US based company, the 'base' currency for AdWords is USD.

AWA