Are you looking to get the latest foreign exchange rates in real-time? Then you will be needing this Forex API!
Foreign exchange rates are one of the most important and relevant pieces of financial information for businesses that operate internationally. Hence, having access to real-time foreign exchange rates is invaluable for companies that conduct transactions in more than one currency; and those that process large amounts of payments.
Without a way to access foreign exchange rates and conversion data; businesses that deal with multiple currencies will have to manually track the changing foreign exchange rates on a daily basis. Depending on the number of currencies, this could be a very time-consuming task; and take away from focusing on core business functions. On top of this, without an easy way to convert currencies; there is a higher risk of human error when making internal or external calculations.
Fortunately, nowadays there is a way to get a hold of all this information without wasting too much time, or spending a cent. You can use this Forex API:
Obtain real-time foreign exchange rates with Exchangr
Until recently, there wasn’t a great source for this kind of information. You could pull down data from services like Google Finance, but it was often inaccurate or not updated frequently enough to be trustworthy. Now, Exchangr API gives you access to reliable and real-time foreign exchange rates for more than 170 world currencies (e.g., U.S., Canadian; Australian dollars; British pounds; Japanese yen; Swiss francs; euros). This API is regularly updated with new data from a variety of trustworthy financial sources, so you can always get the most up-to-date information!
Furthermore, Exchangr API provides an easy way for developers to implement a currency converter using the latest foreign exchange rates provided by the European Central Bank in real time. This means that now developers can build economic applications that use real-time forex rates; without having to worry about paying for expensive data feeds or worrying about rate limits. This is also great news for e-commerce companies that need the latest foreign exchange rates in real time in order to price their products correctly.
Does Exchangr offer a Free Plan?
Yes, it does! With the Small Plan you can get: 100 API calls every month; access to historical data; regular updates every hour; limited support; the ability to use any currency as a base currency; and also accessibility to many of Exchangr’s endpoints such as: conversion, Timeseries, and Fluctuation. To start using this Plan, you need to follow these steps:
- Create an account here. Registration is easy, free, and doesn’t require credit card information. Immediately after this, you’ll be issued a personal API key; which will grant you access to these API endpoints.
- Choose the currencies for which you want to get rates or convert.
- Finally, carry out the API call. The Documentation provided by Exchangr might help you with this stage. Visit it here to read more about performing API calls, Exchangr’s configuration, code references, and other topics!
After completing all of them, please let Exchangr work for a few seconds. And just like that, your results will appear!
Whether you’re a seasoned trader or just getting started in the foreign exchange market, having quick, reliable access to the latest rates can help you stay ahead of the competition. And with this free foreign exchange rates API, it couldn’t be easier!
Related post: New To The Forex Game? Grab This Free Foreign Exchange Rates API