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A Simple Forex API For Downloading Foreign Exchange Rates

Are you looking for foreign exchange rates in real-time? Then a Forex API is what you are needing!

By now, you might know that the foreign market is the largest in the world. It’s a world market that exists to help people exchange currencies when they need to do so. It’s a market that’s constantly changing, and it’s important to stay on top of those changes in order to make the most of your money.

That sounds easy enough, right? But if you’ve ever tried to look up foreign exchange rates online, you know that it can be chaotic. That’s when a Forex API could be useful. This tool provides an easy way to access foreign exchange rates whenever you need them.

Forex APIs are used by businesses, fintech startups, traders, investors, and developers around the world. They use these APIs to access historical data on foreign exchange rates and currency rates; and integrate them into their websites or applications. There are several benefits to using a forex API:

A Simple Forex API For Downloading Foreign Exchange Rates

Benefits of using a Forex API:

  • Spend less time gathering market data
  • Access foreign data that you need to make informed decisions
  • Depending on your decisions you can: save money and/or gain money
  • With a practical and easy-to-use API, you can download currency information into your website or application.
  • And much more!

Without a doubt, a foreign exchange API has many practical uses and applications for businesses, fintech startups, developers, and traders who are active in international markets. But what’s more, anyone that needs this kind of data can use a Forex API. So, for instance, if you are currently thinking about where to travel, maybe you want to check out where it’s more convenient. Luckily for you, we have the perfect API for that!

Why should you use Exchangr?

Exchangr is a Forex API that uses JSON data to provide accurate currency exchange rates and conversions. It contains up-to-date data for 172 world currencies. Meaning that you can access rates for approximately 30.000 currency pairs! Its forex data is collected from several trusted sources around the world; which makes Exchangr the most reliable and simplest way to access real-time currency conversion and forex rates!

Furthermore, if you want to download foreign exchange rates for your business, you could use this API to automate and integrate the data into your own system. Exchangr is very easy to use – no coding required to set up a free account and access the JSON data. And has simple integration into websites and applications. Besides, You can use a this API to access more information, such as time series data, live prices and more. This is particularly useful if you are building a web application which will be used by traders or businesses that need to trade currencies.

Also, Exchangr is free to use. However, if you ever need more than the Free Plan, you can check here to learn more about Subcription Plans. These starts at startup-friendly USD 10 per month! Evidently, this API is the perfect solution for your needs!

A Simple Forex API For Downloading Foreign Exchange Rates

Get started with Exchangr

“How?” You ask? Well, you need to follow these steps to start using Exchangr in no time:

The first step is very easy: sign up here, and automatically obtain your API key. With this, you will be able to access Exchangr’s endpoints. The next thing is also easy; select the currencies you are most interested in converting, or getting rates. And lastly, execute the API call. And that’s all you need to do. The rest it’s up to Exchangr. Within seconds, you will get your information!

To help you with all this, Exchangr’s team provides you with an extensive and comprehensive Documentation. You can see it by clicking here. There you will find simple instructions and code examples that you can follow without a problem. This Documentation comes in handy because this API includes a number of endpoints, each of which serves a different purpose. Endpoint functionality includes:

  • Retrieving currency rates data for all or a specific set of currencies;
  • Converting amounts from one currency to another;
  • Retrieving Time-Series data for one or more currencies;
  • Querying the API for daily fluctuation data.

As you can see, Exchangr is a complete forex API that will help you with all that you need. Start using it and benefit from all the possibilities it has for you!

Related post: Foreign Exchange APIs Are Your New Financial Advisor

Also published on Medium.

Published inAppsApps, technologyCryptocurrenciesE-commerceFintechTechnology
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