If you’re an AdSense publisher who gets paid in your own local currency it might be worth checking your payment reports today because I’ve heard from two different publishers who are reporting that the exchange rate application is wrong. I just checked mine and it’s out also.
It seems that they’ve converted money the wrong way around for earnings for the month of November.
So instead of converting the earnings from USD to AUD in my case – they’ve taken the USD figure and converted it as though it was an AUD figure being converted into USD. I’m not going to give my exact figures – but here’s someone else’s figures:
Earnings in USD – $103.06
Exchange Rate – 0.867 : 1
Earnings in AUD – $89.40
The problem is that they’ve applied the wrong exchange rate – it should be something close to 1.144 : 1 (that’s last month’s rate) and the earnings should be around $117AUD.
While in the case mentioned above the difference is just a few dollars if you multiply the earnings into higher rates (mine are in the five figures per month range) the difference is significant (I’m thousands out).
I have no doubt that AdSense will fix this mistake – but it has thrown a few publishers into a spin today.
Thanks to Mauricio from Geekzone for the heads up on this one.
Update: if you’ve got the same problem let us know in comments below. You might also want to email AdSense on adsense-support @ google.com.
Update 2: Looks like others have the same problem in the AdSense forums
Update 3: so far I’m just seeing this reported by Australian and New Zealand publishers. Any others have the same issue in a different currency?
Update 4: I’ve had an email from AdSense in the last few minutes to let me know that they are now aware of the problem and are in the process of resolving the issue.