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Can Google pay adsense in EURO?

         

Mentat

2:45 pm on Dec 6, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



I live in Romania.
Our national curency is LEU (ROL)

This month ROL artificialy gained ~ 15%, but the prices are in EURO and i loose a lot of money :(

I need to be paid in EURO. USD has a descendend period and it's not funny for non-US advertisers.

Sanenet

3:05 pm on Dec 6, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Agreed - but so far, Adsense only pays in USD$.

blairsp

3:07 pm on Dec 6, 2004 (gmt 0)

10+ Year Member



My predicition is that G will NEVER pay in anything other than USD or by cheque. There has been much discussion on this at WebmasterWorld.

xxxxxpp

4:03 pm on Dec 6, 2004 (gmt 0)



Too bad, I would love being paid in euro. it seems like the US dollar is going down like the russian roeble a few years ago. Worth less every time you blink.

fdmaster

4:34 pm on Dec 6, 2004 (gmt 0)

10+ Year Member



not untill there will be a viable competitor who pays in whatever publisher wish. Nothing new here.
All a succesfull biz need to do is to have a product which is little bit better than the best one by competitor. No need to sacrifice interest on all those millions for a 1-2 month it takes for publishers to claim the money.

Zygoot

5:15 pm on Dec 6, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Yes the dollar is only worth about 0.746EUR at the moment.

europeforvisitors

6:30 pm on Dec 6, 2004 (gmt 0)



Too bad, I would love being paid in euro. it seems like the US dollar is going down like the russian roeble a few years ago. Worth less every time you blink.

Well, if Google were paying in euros, it obviously wouldn't be paying one euro per dollar.

Too bad Google doesn't offer electronic funds transfer--that would eliminate currency-conversion hassles for a lot of people (assuming that they didn't get stuck with wire-transfer charges).

Mauricio

6:39 pm on Dec 6, 2004 (gmt 0)



Don't forget yu are
- selling your advertising space to a US company
- probably making most of the money with US surfers

Later than sooner, someone will write here a Murphy's law about exchange rates and Adsense.

By the way, you are finally paid in euros when you cash your check.

Reminder: 2/18 the dollar was too cheap, 1.29

iblaine

7:40 pm on Dec 6, 2004 (gmt 0)

10+ Year Member



Exchange rates are a very challenging problem. One approach is to add up last months commissions in USD then convert the money to Euros and cut a check. Nice and simple. However you're going to be unhappy if you're paid in Euros and on the losing end of a recent fluctuation. If the Euro was better a month ago when you created your clicks then you will want to be paid for the exchange rate at that time. So a more accurate solution is to record the exchange rate for every day then apply that to your earnings. Or better yet, record the exchange rate for every single click. Now your affiliate check is more precise and honest but the once easy to understand database of earnings and clicks is a complex system that's difficult to understand. For this reason companies sometimes avoid creating a centralized online application that can handle foreign currencies and instead create whole subsidiaries in foreign countries, such as eBay. It's a pretty interesting problem and I don't blame Google for avoiding it.

ronin

7:56 pm on Dec 6, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month



USD has a descendend period and it's not funny for non-US advertisers.

No, I wholeheartedly agree, it's not funny, but it's really not Google's fault that the dollar is so weak. I have turned away one or two potential US clients because the US currency is worth so little... Right now I'm much happier to take on new clients from Japan and the Eurozone.

I can't vent my frustration about the general situation further because it will just be <snip>ped.

Nearly two dollars to the pound is not even close to funny.

rubenski

8:30 pm on Dec 6, 2004 (gmt 0)

10+ Year Member



To make us feel even worse: there is no sign that this process will stop anytime soon. I try to see the benefits. I can conveniently divide my earned dollars by 2 exactly to get the net amount in Euro's I earn after $/€ exchange and tax remittance ;)

europeforvisitors

2:29 am on Dec 7, 2004 (gmt 0)



Nearly two dollars to the pound is not even close to funny.

No kidding. I earn at least 60% of my income in dollars, and my son is applying to the University of Edinburgh!

david_uk

6:36 am on Dec 7, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I'm a victim of the falling Greenback too. The bottom line is there is nothing we, or Google can do about it.

If G were to issue cheques in Sterling/Euro then they would have to convert $ to $. So we'd still get the same amount - or less even, as they might use a lower rate!

eduardomaio

9:10 am on Dec 7, 2004 (gmt 0)

10+ Year Member



Actually they win quite a money in adwords, as they charge me in Euros... And I don't see a place were to change that... Anyway, content clicks are paid to them in EURO and to us in USD.

Bluepixel

2:28 pm on Dec 7, 2004 (gmt 0)

10+ Year Member



When you signed up for adwords, you can select in what currency you want to get billed.
Just create a new account.

europeforvisitors

3:42 pm on Dec 7, 2004 (gmt 0)



Actually they win quite a money in adwords, as they charge me in Euros... And I don't see a place were to change that... Anyway, content clicks are paid to them in EURO and to us in USD.

Just out of curiosity, how does that work? Isn't a bid of, say, a dollar billed at .75 euro or whatever the exchange rate is at the time of conversion? (I assume that European advertisers aren't bidding as if the euro and dollar were at par.)

HitProf

5:04 pm on Dec 7, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>Just create a new account.

That is strictly forbidden as per the TOS.

eduardomaio

8:35 pm on Dec 9, 2004 (gmt 0)

10+ Year Member



Just out of curiosity, how does that work? Isn't a bid of, say, a dollar billed at .75 euro or whatever the exchange rate is at the time of conversion? (I assume that European advertisers aren't bidding as if the euro and dollar were at par.)

No, you pay 0.05 Euro, wich is 0.067 USD!

I will send an email to Google Adwords team regarding this issue.

level80

8:42 pm on Dec 9, 2004 (gmt 0)

10+ Year Member



Look on the bright side though though - if you have outgoings in dollars (eg hosting, domain name registration) etc the exchange rate works in your favour as it makes American imports cheaper in your local currency. There are a few advertisers based in Europe that pay in Euros anyway.