The last week of every month is quite exciting for AdSense publishers because that’s the period when Google issues payment for the preceding month.
There’s a surprise element as well particularly among foreign AdSense publishers as they get to know the exact payment made in their local currency using the prevailing exchange rate.
Now last month, a bug was discovered in the AdSense system that showed the currency exchange rate as 1:1 meaning 1 US $ is equivalent to 1 Indian Rupee. So if you earned $500, the amount in local currency would be reflected as INR 500.
Luckily, it was merely a reporting error because Google issued checks using the correct rates but it still took about a week for Google to update the online dashboard.
A month has passed but that 1:1 exchange rate bug is not fixed yet. Your status may have changed from "Payment in Progress" to "Payment Issued" but the amount in local currency would be the same as what you earned in US dollars.
Not sure if this bug is too complicated to fix or has a low priority status. Either way, AdSense publishers are not too happy about it as this snapshot says:
Find this article at: http://www.labnol.org/internet/exchange-rate-problem-in-adsense/5118/
Tags: feature, Google Adsense, rant, Internet
Reader Comments
And the most annoying thing is that on adsense forums there is no one to answer the queries.
Written by vijay on 10.28.08
Yes, noticed that… !
Guys if you get any update on this, kindly update!
Cheers!
Written by Bumblebee on 10.29.08
i also got that 1:1 error but google corrected it in 1st week of OCT giving an exchange rate of 45.78:1
Written by Mayur on 10.30.08
Shocking to hear this news! What would happen to Indian Adsense publishers if it does not correct ? Thankfully Google had setup the systems in right way!
Written by earnyuva on 10.30.08