AdSense Exchange Rate Blunder

It appears that Google has goofed and equated the American dollar with the value of the Indian Rupee when dealing with the AdSense accounts of some users. The correct exchange rate would be $1 US to 46.555 INR.

There is a huge thread going on about it at DigitalPoint, and many are saying that they have the same problem. Some say it’s probably just a temporary error, and most seem to think that the problem will be corrected soon, and their payments will not be affected.

"We have seen this happen in the past," says Barry Schwartz at Search Engine Roundtable. "First with Australian publishers and then with Canadian publishers, every time – it benefited Google."

Google has actually addressed the issue at AdSense Help in Google Groups, with an AdSense representative saying:

Please be assured that we are aware of this issue, and are working to correct it as soon as possible.

We appreciate your patience in the meantime, and will be sure to keep you updated…

They will probably get it fixed soon and make everything right, but it makes you wonder if checks have already been issued for incorrect amounts. I’d hate to be working in the AdSense accounting department right now.