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New To The Forex Game? Grab This Free Foreign Exchange Rates API

The foreign exchange market is as wild as it has ever been thanks to the massive influx of volatility caused by the COVID-19 pandemic. Fintech companies and e-commerce firms need easy access to real-time forex rates in order to make their business models work.

A foreign exchange rate is defined as the price of one country’s currency in terms of another currency. This means that when two countries negotiate a trade with one another; they must agree on how much each will pay for the other’s goods, services, and currencies. In order to price their currency properly, they need an accurate system that can convert between the different currencies. Foreign exchange Rates APIs lets businesses conduct these transactions with ease so they can stay competitive in an increasingly global marketplace.

So, if you are new to the Forex game; you need a foreign exchange API that gives you up-to-date information on world currencies. And for that reason, we strongly recommend you this Forex API.

New To The Forex Game? Grab This Free Foreign Exchange Rates API

Learn more about foreign exchange with Exchangr API

Exchangr is a JSON API for international exchange rates and currency conversion. This program collects global exchange data from +10 reliable institutions and financial sources; and present to you quickly and efficiently. As a result, Exchangr API will give you real-time currency data to help you make the best out of the forex market!

Exchangr API provides a simple interface to convert between more than 170 world currencies at both current and historical rates. It also offers real-time forex rates for over 30,000 currency pairs;and provides a comprehensive set of currency conversion capabilities such as unit conversions (for example, Euro to US Dollar), time series data (for example, daily or weekly average rates), and bulk request handling (for example, up to two years of historical FX data).

Furthermore, this API is easy to integrate into your own website or application. You can use its WordPress Plugin to insert foreign exchange rates and currency conversion into your website without the need of coding them!

New To The Forex Game? Grab This Free Foreign Exchange Rates API

Use Exchangr API in no time:

You can start catching up with the foreign exchange market in less than 10 minutes. Here is how to do it:

  1. Register here. If you choose to use Exchangr’s Small Plan, you won’t have to pay anything to create an account. Also it will no ask you to give any credit card details either. When you are done, you’ll have a personal API key. Exchangr’s endpoints will be accessed via this.
  2. Pick the currencies for which you require rates or conversions.
  3. Execute de API request. If you need help doing it, you can read Exchangr’s Documentation, click here. This includes: code samples, Exchangr’s structure, how to execute APIs request, potential errors, and more!

An that’s all there is to it. In no time you’ll have all the information you need.

Now you too can have access to real-time foreign exchange rates from all over the world, thanks to Exchangr API!

Related post: What is Forex and How Does it Work?

Published inAppsApps, technologyE-commerceFintechStartupsTechnology
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