Currency Conversion question

If I re-issue a cheque/check of a particular month (say August) and I get the amount credited in the next month's (say September) cheque, will the August earnings be calculated based on September conversion rate or will they maintain the August conversion rate? I see that the "Credit for Re-issue of payment" is mentioned in USD and not in INR (even though I get payments in INR). So will the INR amount for August earning be caculated again based on September's conversion rate when the PIP is over?

 

I think your only paid in your correct currency (your country's currency) meaning that it wont matter what the conversion rate is at all

 

I am not asking about the currency, I am asking about the conversion rate.

 

Google exchanged the USD to your currency during the PIP time. I believe Google will still reissue the check in your currency, if they reissue USD check i think everyone will make their excuses to ask Google to reissue their last check. You can ask Google about it though i'm not 100% confirm.

 

the amount you get credit is the same amount that you made.the exchange rate is when the check is issued,not what it was a month or 2 ago when the check was lost.

 

@Curion:
Once again I'm not asking about which currency, but the currency exchange/conversion rate. Google always calculates and posts earnings in USD and it gets converted into the local currency during PIP.

@zodia:
thanks for the information, thats good to know

 

i guess u will get the same inital amount when they converted to ur local currency coz if u din't receive it the converted amount got back to google so i think they wont bring any change to that if the have to go for a reissue

 

Good luck Arun.

Thanks for the falling Indian Rs

 

@farjhar: oh, I hope its not like that! The fact that Google credited/posted back the earnings in USD gives me a feeling that the conversion rate will be calculated again when it is converted into INR during PIP. Anyway I will post in this topic which month's conversion rate was used, when I get the payment

@flash2talk: thanks buddy, yeah its a good feeling now as we were not happy about an year ago when USD was falling!

 

If your currency is not $ and you are talking about adsense, they conversion is done by your bank, so the conversion will depend on the rate at time of deposit.

 

With more than 1000+ posts in your profile, it is weird that you are still unaware that Google Adsense converts USD into local currency and sends the cheque/check in local currency itself: https://www.google.com/adsense/support/bin/answer.py?hl=en&answer=15915

 

Just because I have 1000+ posts doesn't mean I know everything
I don't use adsense anymore and when I did, I had it wire transferred.

Have they always done local currency checks?

To answer the original question again. The rate used will be the rate on the day of the conversion from USD to your own currency. I don't think they will use a past rate.

 

Alright

Maybe not when Google Adsense started, but yes it has been a few years since they have been issuing local currency cheques/checks.

Thank you for the information, hope it will be like that

 

Arun,

What is you site about? can i know your url.
How long you are with adsense; just out of curiosity.
My earnings still didn't passed two digits.

 

@flash2talk:
The website is mobile phone related. Its going to be 5 years since I started it, but I think its been only 4 years since I started using Google Adsense.

The earnings will mainly depend on the traffic to your website. If you have useful content that can attract visitors consistently, then your earnings will grow accordingly. Having a website is just the beginning, keep in mind that content is the king. The content should either be unique and/or the content should be kept updated very regularly (like daily). I didn't start the website with an intention to place ads Google Adsense, because I didn't even know about Google Adsense a year after I started the website. So you need to be concerned only about the content in your website... the traffic and the earnings will grow naturally.

 

Sorry for the delay but I can confirm that when a cheque/check is reissued, the local currency conversion will be recalculated for the earnings according to the forex rate of the month in which it is reissued.

Loosing the check in August has come as a blessing in disguise for me as I guess for July earnings the INR rate was around Rs.43 only and when I got it reissued in October, the INR rate was calculated at Rs.49!

Indian Postal department ki jai!

 

That is very nice about Indian Posts that they are helping the public at least this way

 

I don't really know. I would assume they would take the currency exchange rate at the time of first issuing the check. So, even if you lose it and want thenm to reissue the check, they will will convert it into your local currency at the smae rate when it was first issued. So, the appreciation or depreciation of your currency in the meantime won't matter.

 

By the way, I am not certain about this. You may want to check with Google on this.

 

"Arun"

your a little smartass... if you know the answer why ask the question..

people have only tried to help you !