Adsense local curreny exchange rate: expensive

[kyw1974]

Adsense's rate is USD1:HKD7.736, I got around US1:HKD7.785 at my local bank. Better switch back to USD check for me.

[winglian]

That's less than 0.7% ==> $7 per $1000. Of course I don't have extrememly high earnings where a few bucks makes much of a difference, but 0.7% seems very small in the scope of things.

[Visit Thailand]

Same observations here:

[webmasterworld.com...]

Depends on the amount but, it can make quite a difference.

[Sobriquet]

the rates are bad. i have lost about 3% of my total earnings due to conversion in local currenncy.

the only benefit i see in local currency is ( hopefully) the reduction of time taken to encash the cheque when it reaches in local currency

[elfred]

The rate applied from USD to EURO was 0.759. These are the official rates (European Central Bank):

apr, 19 : 0.769468
apr, 20 : 0.766342
apr, 21 : 0.765814
apr, 22 : 0.764701
apr, 25 : 0.771248
apr, 26 : 0.770357

This means that, for every 1000$, Google kept:

apr, 19 : 10.47$
apr, 20 : 7.43$
apr, 21 : 6.81$
apr, 22 : 5.7$
apr, 25 : 12.25$
apr, 26 : 11.36$

The day to be considered is the one when Google actually sent the money to their local subsidiary. Google seems to do this process this way: the money is transfered to their, say, italian department. That's when the actual rate should be applied. Then, their local department issues the check to... me :-)
According to payment history, it looks like we should consider apr, 21 as "the" date.