If you want to find the best currency conversion API, in this article we will make a recommendation that you can use completely free of charge.
There are many uses for which you need to convert currencies. Tourists and travelers who plan their trips in another country have to pay constant attention to the falls and rises of the currency.
For example, by accessing this information, it is possible to know how much money is needed to cover all the expenses of the trip. In addition, you can find out what purchases should be made in a certain country of destination.
Physical and financial investors with currency conversion information can make smarter investment decisions. A financial participant must have this data completely up to date, and a buyer of physical capital will be able to better determine the price/quality ratio. In addition, international companies will have solid information to make import and export decisions to win the balance of payments.
Currency conversion mechanisms are important because they generally do not work with just one pattern. Universal converters allow you to translate one currency into any other. The convertibility of the currencies of each country determines the participation in the world economy of each country.
Therefore, if the currency cannot be converted, it speaks of the economic weakness of a country, while other currencies are world standards such as the dollar and the euro. Furthermore, if the currency of a country with a weak economy fails to convert, it creates more barriers to commercial exploitation.
So far we have described some of the factors that make currency convertibility relevant. Taking into account the present and past behavior of the same, allows us to think about the future.
You may want to access this data for your consumption or to be able to share it with your clients. If you can provide them with this data in real-time, you can use an API to embed it in your website or app.
How can I get a currency conversion API?
An API is a very important tool to be able to provide security and confidence to the clients you want to assist. It is software that is easily incorporated into Apps and websites and updates information in real-time. There are different currency conversion APIs but in this case, you should use one that is very complete.
Being able to share this information with your audience will show you as a company that truly wants to help. Currencies of all countries, with updated and historical information and forex data, is what you will find in Exchangr.
More about Exchange
This API presents values in more than 170 around the world, including virtual currencies, US dollars, Euro, Yen, and Pesos. Its updates are very precise and are updated every moment. In addition, the information that Exchanger collects comes from very important financial authorities. With all this information, people and businesses can make smart decisions.
Furthermore, this API works in various programming languages to embed the API in various design structures. In addition, the API is encrypted with full security so that API calls return to the same user. You can start using it through its free plan.