Are you looking for the best currency conversion API with real-time data conversion? If your answer is yes, then keep reading!
Currency conversion is the process of converting one currency into another. The rates of exchange between different currencies vary from day to day and so the amount in one currency that you need to purchase a certain amount in another currency will also vary accordingly.
Now, a currency conversion API with real-time data gives you access to live exchange rates at the touch of a button. This kind of intuitive API can be available in any application, on any device, in any language, and on any platform.
These APIs can be used in applications that need to accept payments from customers in different countries. For example, if you’re building an app that allows users to buy products from around the world and have them delivered to their doorstep, then this is the perfect solution for your business.
But how to get started? The first step is getting your hands on a currency conversion API. There are plenty of options out there, but a few that we can really recommend.
If you need a powerful tool that allows you to convert currencies in real time; this means you can get up-to-date rates and have them automatically updated when they change, we recommend this API which also provides you with the option of getting the live exchange rate or the historical exchange rate.
Which Are The Best Currency Conversion Data APIs To Use Today?
Exchangr
Exchangr is a foreign exchange rate and currency conversion JSON API that provides precise and trustworthy information about the forex market. Due to its format, this tool collects information from reputable sources on 164 global currencies.
With Exchangr you can comprehend, follow, and be updated on what is going on in the world of economics and determine which move you should make next. Maybe invest here, or purchase that from there, you can calculate without risk with its help!
Furthermore, by using Exchangr, you won’t spend a cent because you can use its free plan. This one is very complete: you will get 250 API calls/month, customer support, hourly updates, access to historical data, and access to various endpoints (including timeseries, fluctuation, and conversion).
However, in case you need more, you can pay a low monthly fee of USD 10 for enhanced API access, perks, and advanced features.
Xecurrencydata
Xecurrencydata provides real-time, accurate and reliable currency exchange data for hundreds of worldwide currencies. This API connects you to comprehensive in-depth currency market history along with updated foreign exchange data; this intergrate with over 100 highly reputable global sources.
It offers 170 world currencies + precious metals. Information about virtural currencies are coming soon!
Fixer
Fixer is a simple and lightweight JSON API for current and historical foreign exchange rates. Also, You can start in under 10 minutes. Aside from live data, Fixer also comes with separate endpoints for single currency conversion and Time-Series data.
What’s more, it offers real-time exchange rates data for 170 world currencies; sourced from financial data providers and banks. The free plan provides 100 API calls monthly, hourly updates, and access to historical data.
So, Which Of This APIs Should You Choose?
That is completely up to you! Now you have all the information you need to decide what’s best for you, your economy and your financial decisions! Inmerse yourself into the world’s most exciting market and make all the profits you need with the help of a forex API!
Related post 3 Reliable Currency Exchange APIs for Your Business
Also published on Medium.