Do you want to know which country will have the highest currency in 2022? If so, you can find out with a foreign exchange API!
The world is full of different currencies, which means that there are many different values for each of them. Knowing currency values helps you determine whether it’s a good time to buy or sell an asset or security. You could also use this information to make sure your business is operating within budget constraints.
Let’s say that you run an online store that sells products in US dollars (USD). If the value of USD goes up against another currency like Euro (EUR), then your products will be more expensive for European buyers who are using Euros because they have fewer purchasing power in their own country. When you want to know which currency has the highest value, you can use a currency exchange rates API to find out.
What is currency exchange rates API?
If you’re not sure what an API is, then don’t worry, we’ll explain it to you. An API stands for Application Programming Interface and it’s a way of connecting two different programs together.
You can use APIs in many different ways and they are used by companies worldwide. They help companies connect their internal software systems together so that they can share data between them. This helps them streamline their processes, reduce costs and make their businesses more efficient.
Knowing about currency exchange rates can help you make better decisions about your business. For example, if you’re a travel agency and you want to book flights for your clients, having access to real-time forex rates will help you calculate how much money they need in their accounts before they fly off on holiday! You’ll also be able to see if there are any changes in exchange rates and how they’ll affect your bottom line if your customers use different currencies while travelling abroad.
As you can see, having an API at your service is more benefitial than anything. So, if you are currently looking for a currency exchange rates API, we have the perfect one to recommend you!
Use Exchangr API
If you want to know the actual value of a certain currency at a given time, you should contact Exchangr for international exchange rates. Exchangr is a real-time API that uses the JSON database format to provide great currency exchange rates and conversions. This software provides essential data (including real-time and historical data) more than170 global currencies. It provides information on 30.000 currency pairings in total!
Exchangr’s Small Plan allows you to utilize this API without spending a dime. This one is rather comprehensive: you will receive 100 API calls each month, as well as customer support, hourly updates, access to historical data, and access to multiple endpoints such as; timeseries, fluctuation and conversion. But, If you want more, Exchangr offers other kind of plans that allows you greater API access, benefits, and advanced features; at start-up friendly USD 14.99. Check it for youself and compare prices here.
Find out about currency value with Exchangr now:
You may begin using Exchangr API right now without needing to pay anything. You may be wondering how to do so; well, it’s pretty simple!
- To begin, click here and create a free account. Following that, you will have your own API key to access Exchangr’s endpoints (conversion, timeseries, fluctuation).
- Enter the currencies for which you want data.
- Finally, make the API call. To learn how, go to Exchangr’s Documentation by clicking here. It’s really well described, and we’re confident you’ll have no problems with it!
That’s all there is to it! Exchangr will deliver the findings in a couple of seconds!
Know which country has the highest or lowest currency with just one API! Use Exchangr API right now!
Also published on Medium.