Strong Rupee, Weak Dollar: Lower Adsense Income
May 6th, 2007The changing forex currency market shows that the Indian rupee is getting stronger compared to the US dollar. Recently the rupee touched a nine year high against the US dollar. A stronger rupee means lower dollar income for Indian bloggers since most affiliate and advertising programs pay in US dollars (then convert them to rupees).
A quick look at the U.S. Dollar to Indian Rupee Exchange Rate over the last 5 years shows that the rupee is getting stronger with improving Indian economy. A few years back the weak rupee at Rs. 47-48 per dollar closed at Rs. 40.575 per dollar this Friday.
I received my latest Google Adsense check based on the dollar rupee exchange rate of Rs. 40.50 per US dollar. For the same month in last year the Adsense check was issued at an exchange rate over Rs 45.50 per dollar. It basically means that if you earned $1000, which converted to Rs. 45,500 then now earns you Rs 40,500. Thus, a loss of Rs. 5000 per $1000 dollars earned simply because the Indian currency, the rupee is getting stronger. Similar is the case for Paypal, and other affiliate programs.
Of course you can let Google hold your payment, but for how long!
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m waitin for the day wen 1$ will b equal to Rs.40
n that day is not very far!!
so where gonna be the Re against $ in one year ?
I that the rupee dollar will stabilise at Rs20-25 per dollar.
Dollar is expected to touch 35 rupees next year..
So adsense folks need to find better sources of income to counter the loss
Oh God! It takes forever to earn money on AdSense and now I come to know that the rupee is rising. Rising is good but it hurts our income.
Imfact for thoes who are working in abroad only, or else we should be proud of our currency, which is getting stonger, But guy dont forget once the Govt falls, the exchange will as well.
However people who are working in abroad should demand for more salary packages rather than accepting the old.
so be united, let the currency be stronger, we damand for more.
Good luck.
This is great news for india.
Every coin has two sides… This is similar to that!! Our economy is growing and our income is becoming less!! But on the broader sense it’s better that the indian economy grows!! So I go for it rather than worrying for the other smaller issues!
Hello,
I am interested in buying advertising on your website for our financial trading platform HY Markets ( http://www.hymarkets.com )
HY Markets is a division of HY Investment which is a leading capital markets trading firm that has an operational history of 30 years and specializes in foreign exchange and CFD’s on commodities, metals, equities, indices, and treasuries. With offices in major cities in three continents, our group is one of the most established in the financial services industry.
We would like to promote our retail products by advertising on your website. Please send me your media kit along with pricing information and available inventory.
Looking forward to hearing from you soon.
this subject is very important for us . thank for subject. please write back soon
Hi,
I stay in bangalore india. even i got my first check from widgetbucks but i dont have any dollar account or even the local bank account so i would like to know how to encash my dollar check and also create the dollar account.
Plz reply…
Thanks!
Vijay@ – you will need a bank accunt to cash the cheque. If you have a paypal account, you can withdraw to get a rupee cheque.
You guys are lucky, what about webmasters in the UK
HI
How to withdraw my payment check[ which i havent encashed it till now]
plz help me dude…
the validity of the check is over!!!