Falling Euro and EFT/Check debate

[twinsrul]

I'm an American AdSense publisher and I'm just curious to see how my fellow European AdSense publishers are dealing with the falling Euro. With EFT the payment is instant and although this is very convinent, I'm wondering if there is an advantage in getting regular paper checks and waiting until the Euro rebounds. Any input?

[leveldisc]

The falling Euro means we get more euros per dollar so its good for us in that respect.

Nevertheless, the point is, is it worth hanging onto google cheques to try and capitalise on currency flunctuations.

I think if you can read currency movements you don't need an adsense account to make money.

[encyclo]

Rate fluctuations are just part of the equation for most people, and they go with the territory. To be frank, if you want to play roulette with the exchange rates, you need at least a couple of million dollars US to make it worthwhile (I used to manage this stuff for clients in a previous life). If you're talking a few hundreds of dollars a month, it's not worth the risk. If you're talking over 100K$ a month, you should speak to your bank about forward deals and such if you want to try to maximize your income - but realize that you may lose as often as you win. Remember when $1 = 1 Euro?

[Zygoot]

Leveldisc is right, the lower the euro drops the more money we (Europeans) get.

In April I had chosen to receive checks in my local currency, something I now regret. Last week when Google approved my payment the conversion rate was 0.787 , today it's more than 0.815. With today's conversion rate my April earnings would have been about 125EUR higher.

I think the euro will continue to drop for a while, maybe yet another peak will be reached tomorrow if the Dutch say NO against the EU constitution.

[wheelie34]

Its the poor souls in the UK with the £, we want to know, when is the dollar going to get stronger, back to 1.5 or 1.6 to the quid, that would add £15 / £100 to our earnings instantly, yes about 15%, almost brings tears to my eyes