Are you looking for an alternative to Google Finance for currency exchange? If so, keep reading!
Currency exchange, also known as foreign exchange, forex or FX, is the process of exchanging one currency for another at a rate set by supply and demand. It’s similar to the stock market, except those currencies are traded instead of stocks. When it comes to currency exchange, Google Finance is the go-to platform for many people. It’s a free service that offers up-to-date information about currency exchange rates and allows you to make trades online.
But what if you want more? What if you want to be able to access historical data and real-time data? What if you want to integrate an API into your website or application? If this sounds like you, then a currency exchange API might be just what you need.
What Is A Currency Exchange API?
This type of API is an interface which allows client applications to access real-time data about the currency rates. It is available in different formats like REST, SOAP, and JSON. They allow you to access real-time foreign exchange rates by integrating it into your website or application. This way, instead of having to manually search for a rate every time someone wants to convert their money, they can get it right away through your site or app.
Best Alternatives To Google Finance for Currency Exchange:
There are several different types of APIs available on the market today, but they all have one thing in common: they make life easier for people who want to convert currencies and obtain currency data online. So, if you are looking for one, and don’t know where to begin, here are some of our top picks:
1 Exchangr API
Exchangr is a currency exchange rate API that delivers precise exchange rates and conversions using the JSON data format. Its forex system gathers forex data from several reputable providers, including banks and financial institutions. Hence, It gives you accurate up-to-date and historical data for over 170 world currencies. The updates come at regular intervals, ranging from 60 seconds to one hour!
Furthermore, if you’re looking for a way to insert currency data; as well as currency conversion into your website without coding them, this API is the solution you’re looking for. Exchangr offers a Drupal Module and WordPress Plugin that allows you to integrate it without problems If you want to learn more about Exchangr API, click here and access this API Documentation. There you will find out about Exchangr’s methods, structure, code examples, and more.
2 Xecurrencydata
Xecurrencydata is a foreign exchange API that delivers accurate currency data for 170 different international currencies throughout the world.. The rates used by Xe are obtained directly from financial data sources and central banks; and they are updated once a day. Moreover, this API provides access to extensive in-depth currency market history as well as up-to-date foreign exchange data!
This API is easy-to-integrate with your current software, This is because, Xe offers a comprehensive currency API documentation that includes basic instructions and straightforward code examples. You can check it out right here.
3 Currency Conversion
Currency Conversion is a simple API that provides basic currency conversion capabilities online. Anyone can use it since it was created for easy implementation at any level. It also provides a comprehensive Documentation for its use. You can read it here.
This API lets you choose from 150 different currencies. The free version’s currency values are updated every 60 minutes, whereas the commercial editions’ currency values are updated every 15 minutes.
So, there you have it! Now that you know about these amazing APIs, you are all set to use one of them. Start benefiting from a currency exchange API, instead of using Google Finance every time you need currency exchange data. The choice is up to you!
Related post: How To Make Profits With an API When You Transfer Currency
Also published on Medium.