On Blogging Pro, I recently wrote about a slight issue I am having thanks to the weak U.S. dollar that I get paid in. It seems that with Canada doing so well, and the U.S. doing so poorly, my bottom line has been hit a bit hard.

I just checked on the Bank of Canada website, where they allow you to check conversion rates over a period of time. I took my salary and checked it against March 30th to today, and what I found was that I am getting paid $315 less a month. That is only in the span of three months, or loss to me of $105 Canadian dollars a month. The work I am doing is no less than it was then, but I am in a sense getting paid less.

The people that commented on Blogging Pro didn’t really have a solution other than making sure you get paid in a variety of currencies so that as one falls, and another rises, you still bring around the same amount home each month.

This whole thing really bothers me, and there doesn’t seem to be a fair solution, and everyone I have talked to say either that I should wait, and hope that things turn around, and the U.S. dollar moves back up to the levels it once was, or get my employer to switch over to paying Canadian currency.

I have thought about both, and here is what I have come up with.

If I got Bloggy Network to continue to pay me the same, and the U.S. dollar continues to decline until we are on par with their dollar, I will still be making decent money. Not as amazing as I was earlier this year, but still rather decent. I should be able to pay my bills and save up to pay taxes.

If the dollar swings for some reason, and the Canadian dollar begins to trade higher than that U.S. dollar, then the real issue arises. I am then getting paid less than what I would feel comfortable with to pay my bills and continue to develop my new family life.

If the U.S. dollar goes back up before the swing, then everything is fine, and life carries on.

This leads us to people’s other thought. I could ask Bloggy Network to switch to paying me in Canadian dollars, but what this does is create an unstable element for the network. Each month they would be paying me different amounts, and at some points, maybe more than they are comfortable with.

To put it to the extreme, if I was making one thousand Canadian dollars a month, and the Canadian dollar was worth one dollar and ten cents American, they would be paying me one thousand, one hundred. I know this doesn’t seem like much, but if you compare that to today, they would only be paying me nine hundred and fifty four dollars. A rather big difference for a company that depends on the fickle attitude of the blogosphere to line its coffers.

It should be interesting to see how such situations are dealt with over the coming months. I am still ever hopeful that the U.S. will get its act together and improve my pay.

Note: This is nothing against Bloggy Network, it is an analysis of what all blog networks that have international writers are going to have to deal with. Just like monetization models, I don’t think there is “the perfect answer”.