Do you want to retieve forex data for free? If the answer is yes, you are in the right place; this API is what you’re looking for!
The foreign exchange market allows people to buy or sell currencies at a set price at any given time. The exchange rate will fluctuate according to supply and demand; which means that its value can change drastically within minutes. This makes it very difficult for companies to keep up with the market if they don’t have access to an API that offers real-time data retrieval.
Foreign exchange data is the information that is needed to make decisions regarding foreign exchange. It includes the price of a currency; as well as its trading volume and other information. An API for forex data retrieval is a tool that allows you to gather this valuable information in real time or at any other time you want.
You can use this information to trade currencies or make other financial decisions like backing in securities or bonds that are denominated in another currency than your own country’s official currency (e.g., USD).
Obtain real-time forex data with Exchangr API
If you are looking for an easy way to get real time foreign exchange data, then you should consider using an API like Exchangr for forex data retrieval. This is a technology that allows you to pull currency conversion rates from various providers into your website or application; without having to go through complex coding or programming languages. The API will handle everything for you so all you need to do is use it and get the results in seconds!
Exchangr API provides the finest exchange rates on the market. It is a JSON API that provides real-time and precise currency exchange rates and conversions; and offers all previous and real-time rates. Exchangr gives current information on 172 different international currencies. This translates to 30.000 currency combinations collected from more than 10 extremely trustworthy foreign exchange providers.
Altogether, Exchangr API provides you with essential tools to help you expand and prosper economically. With this real-time foreign exchange API, you may have all of the information you need to make wise decisions and achieve your financial objectives!
Use Exchangr API for free:
This API is budget-friendly, because it offers three different plans that adjust your needs; with premium plans starting at $14.99. However, the best part of all is that one of them is for free! You may begin using Exchangr’s Small plan right now! Just complete the following steps:
First of all, register by creating an account here. Registration is simple, free, and requires no credit card information. Following that, you will be given a personal API key, which will provide you access to these API endpoints. Afterwards you may begin executing API calls; you have to select the currencies for which you want rates or to convert. And then make the API call. Exchangr’s documentation may be of use at this time. Visit it here to learn more about making API calls, Exchangr’s mehtods and structure, finding code references, and other subjects!
Please allow Exchangr to work for a few seconds after completing all of these steps. And then your results will be shown!
And that is all! With this information you are ready to retrieve real-time forex data and thrive with the help of Exchangr API!
Related post: What is Forex and How Does it Work?
Also published on Medium.