Are you having trouble deciding which Forex Rates API you should use? Then keep readin because we know the perfect one for you!
If you are looking for a forex API for your business, it is important to know what data points you will be receiving from that API. For this reason, let’s see which are the two most important data points provided by forex rates APIs and why they are useful for businesses:
- Market data. This is the most important. It will show you what is happening in the world market at that very moment. If you know what is happening real-time, you’ll make wise decisions for your business. Guaranteing that you obtain the greatest rate on every transaction.
- Historical data. This relates to prices from previous weeks, months, or even years. This kind of information can be quite useful, since you can look at past trends to predict future shifts in the market.
Maybe you are wondering which forex rates API can offer these to you for a reasonable price. Well, we happen to know the perfect tool for you!
Exchangr is the perfect Forex Rates API
The data that is provided from Exchangr API is the most reliable, because it comes from reliable sources. It shows the world of forex in real-time and helps people make wise decisions about their finances. This forex rates API provides information about what is going on in the world market and helps to understand how to use this data to thrive!
This API provides rates and conversions for up to 170 international currencies. Hence, the data feed that Exchangr provides covers more than 29.000 currency pairs. Furthermore, depending on the Version you choose; the data is updated regularly at intervals ranging from 60 minutes to 60 seconds.
What’s more, Exchangr offers both historical and real-time information for any kind of planning or analysis, as well as other advanced features such as: single amounts conversion, currency’s change parameters, Source Currency switching, and more!
How to start using Exchangr API:
- First, you need to obtain your API key, since Exchangr’s endpoints will be accessible to you thanks to this one-of-a-kind number and letter combination. To acquire it, you must sign up here. Don’t worry, creating an account is simple and free! Also, you won’t need a credit card to sign up.
- Second, if you already have in mind the currencies you are searching for, choose them from the variety that Exchangr offers.
- Third, submit the API request. You may read Exchangr’s Documentation by clicking here to learn more about how to execute API requests correctly.
And that is all! A piece of cake, right! After executing these steps you have to wait a few seconds; Exchangr will supply you with all the data you want instantly!
Furthermore, you can obtain advanced API access (we are talking about 10.000 requests per month) and other perks, through paid plans starting at USD 10 per month. You can decide which Plan works best for you by clicking here to see Exchangr’s Pricing.
So, as you can see, you can access the most valuable forex information through Exchangr. Start benefiting from the forex world with this forex rates API!
Related post: Keep Track Of The Best Rate Possible Using a Currency Exchange Rates API