Is There An API For Real-Time Currency Conversion?

TheStartupFounder.com
3 min readMay 8, 2022

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Are you looking for a Currency Conversion API? If so, we know the perfect one for you!

When you run a business, it’s important to keep track of changes in the exchange rate and currency conversion. Even small shifts in the dollar-euro or dollar-yen exchange rates can incur losses or gains. Fortunately, there are easy ways to programmatically download this kind of data. For instance, you can use a currency conversion API, to access real-time currency conversion data and more!

Currency conversion APIs allow users to get current and historical data about currencies from around the world using XML or JSON formats. These APIs offer real-time data retrieval, which is useful for companies who need to know what their customers are paying for products and services in different countries at any given time during their transaction process.

Also, this service allows companies to keep up with fluctuations in foreign exchange rates, so they can make sure that they’re not losing money when doing business abroad or receiving payments from customers abroad.

Euro coin stacks isolated in studio shot. Money and finance concept

Now, we know of a currency conversion API that can offer real-time foreign exchange rates and currency conversion. This means that you will be able to see the latest currency exchange rates in real time. So, if you want to keep up with currency conversion, this is the right tool for you!

Get Currency Conversion Data with Exchangr API

Exchangr is a forex rates and currency conversion API that uses JSON format for maximum usability, ease of integration, and compatibility with any of your applications. This API gathers information from trustworthy providers for over 170 world currencies. That sums up to 30.000 currency pairs!

This API provides two main benefits: real-time data and historical data. Real time data means that you have access to current information about the value of foreign currencies at any time throughout the day, while historical data allows you to see how much each currency has changed over time. In addition, Exchangr offers advanced features such as: conversion of single amounts, get a currency’s change parameters, and more!

Exchangr API is designed to provide enterprises with access to international financial data in real time. It pulls information from multiple reputable sources, including foreign exchange markets and online banking services. This allows you to get up-to-date information on currencies, exchange rates, and other related data points quickly and easily.

Does Exchangr API offer a Documentation for its use?

Yes, it does! And is a very comprehensive one. Click here to access Exchangr’s Documentation site. It is packed with simple instructions and examples that allow quick implementation at any level. This Documentation will teach you about the API structure; methods; how to successfully make API calls; probable problems; and code examples.

Now, the best of all is that you can use Exchangr for free. The Small Plan allows you to make 100 API calls every month, as well as access support and hourly updates. You may also obtain historical rate data and have access to Exchangr’s many endpoints (conversion, timeseries, fluctuation). This plan is ideal for anyone who is starting up in the forex market.

Of course, if you want more than what has been discussed, Subscription Plans can provide you with further functionality and extensive API access. These are reasonably priced, with monthly payments beginning at $14.99. Take a look at the Pricing and decide what is the best plan for you in here.

So, now that you know, you can use Exchangr API to obtain real-time currency rates and conversions in no time!

Related post: Start Trading Like A Pro Using a Market Data API

Originally published at TheStartupFounder.com.

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