Are you looking for a forex rates API that contains aprevious and current data? If so, keep reading!
If you are a business or a company; there is a need for you to understand what is happening in the global market. Making decisions without having the right information can be disastrous for your company. For example, you might want to expand your business and you target customers in a foreign country where the economic situation is not looking good. Without knowing this, you might end up making wrong decisions that can have a huge impact on your business.
Having knowledge of what is happening in the global market will make it easy for you to make wise decisions. But, how can you access this kind of foreign exchange data? Easy! With a forex rates API!
What is a Forex Rates API?
One way you can get the best of foreign exchange is by using an API known as forex rates API. This tool is an application programming interface which enables enterprises and developers to integrate real-time, reliable and accurate exchange rate data into their systems and processes. This kind of API allows you to obtain previous and real-time Data which can help you in making informed decisions.
Exchangr is the best Forex Rates API
Exchangr is a REST API that allows you to effortlessly convert currencies, and retrieve foreign exchange rates by utilizing JSON. With this amazing forex rates API you will get access to real-time and trustworthy data for 172 currencies across the world. This amounts to 30,000 currency combinations gathered from extremely reliable foreign exchange providers!
With only one API, you can also obtain sophisticated capabilities like the most up-to-date exchange rates, historical data, and currency conversion. There is no need to look for information in different websites. Exchangr can help you with everything you need!
You can also use this API if you want to track and monitor currency exchange rates as well as market data. With Exchangr API, you will have access to historical data which will help you in knowing how different currencies perform against each other over time.
Using Exchangr API is extremely simple
First of all, sign up here for free to receive your API key. This unique number and letter combination will grant you access to Exchangr’s endpoints. Afterwards, select the currencies to receive rates or convert, to know the values in other currencies. Lastly, execute the API request.
And that’s all you need to do, the rest is up to Exchangr API. In just seconds you will obtain the information! Moreover, if you want to know more about this API structure, or how to make API request without errors, check out Exchangr’s Documentation here. In case any question was left unanswered, you can contact Exchangr’s team through the form on the page. They will be happy to help you out!
So, with all this information, you are ready to obtain the best rates and currency data with Exchangr!
Related post: 3 Industries Where Forex APIs Can Have An Impact
Also published on Medium.