Do you want to keep track on foreign currencies in 2022? If so, you need to use this API!
The world is a global economy, and the world has become a small place. You can sell to customers all around the world. Because of this, foreign currencies are a big part of the global economy. The currency market is one of the largest markets in the world and it’s growing every day. Hence, currency values are constantly changing, making it important for businesses and individuals to keep track of them. If you’re an e-commerce business owner, or work with international currencies; you will need to know about foreign currency values and trends in order to grow globally.
There are many ways to track foreign currencies. One of the most popular methods is through an API. This is a piece of software that allows developers to create apps with information from third parties like currency exchanges, banks and other financial institutions. And also allows anyone to integrate currency data into their own website or application.
A currency tracking API is basically a shortcut to finding information about currencies without having to go through the hassle of searching through many websites yourself. Also, currency tracking APIs can be used for many different purposes, including:
- Analyzing historical currency data to make financial decisions
- Gaining access to real-time currency rates
- Converting currency
- Tracking currencies value on the foreign exchange market (FX)
- Integrate currency data into your website or application
Which API Should You Choose To Track Foreign Currencies In 2022?
If you’re going to sell products or services overseas, knowing how much money they’re worth in your local currency can help you make better decisions when negotiating prices with suppliers or clients. If they’re losing value against your own currency, then it might be time to use a currency tracker like Exchangr API. This one is a REST currency exchange rates and conversions API that delivers precise forex information using JSON data.
Exchangr API provides accurate and trustworthy currency data from over 15 reputable financial providers. As a result, it collects real-time and historical data from them, integrate them algorithmically, and then makes it available to you. This is how more than 170 worldwide currencies are provided by this API!
How To Use A Currency Tracker
If you give Exchangr API a try, you will find that using an API is not so difficult at all. All you have to do is:
- Click here and create an account. It’s free, and you won’t need a credit card to register. After that, you’ll be granted a one-of-a-kind API key that will provide you access to Exchangr’s endpoints.
- Choose the currency for which you wish to convert or acquire rates.
- Finally, carry out the API request. Examine Exchangr’s documentation for further information here; it contains detailed instructions, will aid you in making API requests.
And that’s it! Keep track on foreign currencies in 2022 by using an API like Exchangr!
Related post: Boost your International Business with a Currency Conversion API
Also published on Medium.