I'm a little bit confused about the currencies supported by Adobe Stock and there's little information I can find on the internet.
There are two articles found on Adobe Help which contain fragments of useful information.
Firstly, this article says "Payout occurs in one of these currencies: € / $ / £ / PLN / 円 / ₩ / SEK / R"
That is 8 currencies.
Secondly, here it says: "For other currencies(than dollars), the following conversion is used: 1 USD = 1 EUR = 4 PLN = 150 JPY = 1,100 KRW."
That is only 5 currencies.
So, my questions are:
a. What are all the currencies Adobe Stock reports sales? Are they the 8 listed at point 1? Or are there any other? I don't believe this information is contained in any of the two articles I linked.
b. What if I sell an item for $1 in the US and have a payout in SEK(Swedish krona)? I don't see any conversion from dollars to krona at point 2. Is that calculated at the daily exchange rate? Why is there a convention for 5 currencies and not 8?
Please let me know your thoughts/experience, as this is an important issue I'm having.
Thanks for writing. The available currencies are the 8 listed in point one. You are not able to select this as the currency is determined by the location your account was created. The rates that I know are 1 credit = 1 USD = 0.75 GBP = 7.1 SEK = 7.5 ZAR.
Thanks for your feedback.
So, from what you're saying the whole conversion sequence for each of those 8 currencies is this one:
1 Credit = 1 EUR(€) = 1 USD($) = 0.75 GBP(£) = 4 PLN (zł)= 150 JPY(円) = 1,100 KRW(₩) = 7.1 SEK(kr) = 7.5 ZAR(R")
Is this correct?
If so, what does the Credit represent? A Fotolia credit?
Are these conversions constant or do they change from time to time?
From what I know, since subscription plans for buyers are in USD the sales are also operated in USD. So, if I'm living in Japan and I earn $1 for one sale, 150円 will be reported in my account. In Sweden, I'll see 7.1 kr, in South Korea 1,100 ₩. Is that correct?
Anyway, thanks for sharing this info, very much appreciated.